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AutoChips integrated multiple VeriSilicon’s IPs in its intelligent cockpit domain control SoC

Shanghai, China, August 14, 2024 — VeriSilicon (688521.SH) today announced that AutoChips, an automotive electronic chip design company, has adopted VeriSilicon’s high-performance IP portfolio in its new generation intelligent cockpit domain control SoC AC8025, including Neural Network Processing Unit (NPU) IP, Video Processing Unit (VPU) IP, and Display Processing IP.
 
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Discrete Semiconductor Industry is Expected to Reach $ 44.2 Billion by 2033

Newark, Aug. 12, 2024 (GLOBE NEWSWIRE) — The report published by The Brainy Insights shows that the global discrete semiconductor market is expected to reach USD 44.2 billion by 2033, at a CAGR of 6% during the forecast period 2023-2032. North America emerged as the largest market for global discrete semiconductors,

Chiplet interconnect pioneer Eliyan gains additional financial backing from AI chip ecosystem with strategic investment from VentureTech Alliance

SANTA CLARA, Calif. – August 13, 2024 – Eliyan (“Eliyan”) Corporation, credited for the invention of the semiconductor industry’s highest-performance and most efficient chiplet interconnect, today announced a strategic investment from VentureTech Alliance.
 
The additional funding puts Eliyan’s total investment past the $100 million mark and will help further the company’s

Global Semiconductor Sales Increase 18.3% in Q2 2024 Compared to Q2 2023; Quarter-to-Quarter Sales Up 6.5%

WASHINGTON—August 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024. Sales in June 2024 were $50.0 billion, an

Worldwide Silicon Wafer Shipments Increase 7% in Q2 2024, SEMI Reports

MILPITAS, Calif. — August 1, 2024 — Worldwide silicon wafer shipments increased 7.1% quarter-over-quarter to 3,035 million square inches (MSI) in the second quarter of 2024 but saw an 8.9% decline from the 3,331 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its

Faraday Reports Second Quarter 2024 Results

 Second Quarter 2024 Highlights [1]:

Revenue of NT$2,649 million (US$82.8 million)
Gross margin was 47.1%
Net income attributed to stockholders of the parent was NT$261 million (US$8.2 million)
Earnings per share of NT$1.00

【Hsinchu,  Taiwan】 Jul. 30, 2024
 
Faraday Technology Corporation (“Faraday” or the “Company”) (TWSE: 3035),