December 2nd, 2024 — Vishay Intertechnology, a global leader in the design, manufacture, and sale of discrete semiconductors and passive electronic components, has announced a significant £51 million (approximately $61.2 million EUR) investment in its Newport Vishay semiconductor facility in Wales. This investment, supported by a £5 million grant from
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The Korean government today announced a comprehensive 14 trillion won ($10 billion USD) policy financing package to bolster its semiconductor industry amid growing global uncertainties. This initiative aims to support chip material, component, and equipment manufacturers, as well as fabless companies, facing increased trade risks.
The announcement comes in
OpenAI CEO Sam Altman is leading a $150 million funding round for Rain AI, a semiconductor startup aiming to rival Nvidia’s dominance in the AI chip market. This investment, valuing Rain AI at $600 million, follows a $25 million seed round in 2022 where Altman was a major investor. Rain
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[Nov 12, 2024] – Japanese Prime Minister Shigeru Ishiba today announced a substantial new investment plan totaling over JPY10 trillion (approximately US$87 billion) for the nation’s semiconductor and artificial intelligence industries by fiscal year 2030. This ambitious initiative aims to stimulate a total of JPY50 trillion (approximately US$346 billion) in
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WASHINGTON—Nov. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales were $166.0 billion for the third quarter of 2024, an increase of 23.2% compared to the third quarter of 2023 and 10.7% more than the second quarter of 2024. Global sales were $55.3 billion during the month of
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[Oct 29, 2024] – The global semiconductor market is poised for significant growth in the coming years, fueled by the continued surge in demand for AI-related semiconductors and a recovery in electronic production, according to Gartner. While the automotive and industrial sectors remain weak, the overall market is expected to
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