India's chip story enters next phase: 5-6 semiconductor projects may go commercial by end of 2026
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India launches Semicon 2.0 with Rs 1.27 lakh crore to become global semiconductor hub
India has approved Semicon 2.0 with an outlay of over Rs 1.27 lakh crore to build an integrated semiconductor and AI ecosystem. The plan backs 12 chip projects worth over Rs 1.64 lakh crore, targeting 70-75% domestic demand coverage by 2029 as the global AI-driven semiconductor supercycle accelerates.
India’s Semiconductor Push: PM Modi Says 3 Plants Producing, 7–8 More Coming Up
Prime Minister Narendra Modi announced that India has begun production at three semiconductor manufacturing plants, with seven to eight additional facilities expected over the next several years. The government's second-phase semiconductor mission, Semicon 2.0, has an outlay exceeding Rs 1.27 lakh crore, with 12 approved projects and over Rs 1.64 lakh crore in committed investment.
Nvidia Positions Vera Rubin CPU-GPU System as All-in-One AI Data Center Solution
Nvidia is expanding beyond GPUs with its Vera Rubin system, offering a combined CPU and GPU platform for AI data centers. The company claims a tenfold increase in tokens per watt and a "cable-free" design that reduces installation time from hours to minutes. OpenAI has deployed one Vera Rubin rack.
India-Japan Annual Summit Targets AI, Semiconductors and Clean Energy for Supply Chain Diversification
The India-Japan Annual Summit will emphasize artificial intelligence, semiconductors, and clean energy as the two nations seek to diversify supply chains. Bilateral trade crossed $27 billion in 2025-26, and Japan remains India's fifth-largest investor with cumulative investment of $48.17 billion.