May 21, 2025 — Wolfspeed, Inc. (NYSE: WOLF), a global leader in silicon carbide (SiC) and gallium nitride (GaN) technologies, today announced that it is preparing to file for Chapter 11 bankruptcy protection within the coming weeks. This decision follows challenging market conditions, including weakened demand in the industrial and
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Siemens Digital Industries Software announced today that it has entered into an agreement to acquire Excellicon. This will bring Excellicon’s best-in-class software for the development, verification, and management of timing constraints to Siemens’ EDA portfolio of software for IC design. The planned acquisition enables Siemens to deliver an
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May-20-2025 — MediaTek, the Taiwanese semiconductor giant, is poised to enter the cutting edge of chip technology with its upcoming 2nm chip, set to tape out in September 2025. The announcement, made by CEO Rick Tsai at Computex 2025, marks a significant milestone for the company and underscores its strategic
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LEUVEN (Belgium), 29 April, 2025 — A consortium of 12 European partners, coordinated by imec, has been selected in the framework of the European Chips Act to develop the EU Chips Design Platform. Funded by Chips JU, the platform will facilitate access to advanced semiconductor design infrastructure, training, and capital for fabless semiconductor
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MILPITAS, Calif. — April 29, 2025 — Worldwide silicon wafer shipments increased 2.2% year-on-year (YoY) to 2,896 million square inches (MSI) from the 2,834 MSI recorded during the same quarter of 2024, the SEMI Silicon Manufacturers Group (SMG) reported in its quarterly analysis of the silicon wafer industry. Sequentially, shipments
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STMicroelectronics has announced its financial results for the first quarter of 2025, reflecting both the challenges of a shifting market and the company’s strategic transformation efforts.
This memo summarizes STMicroelectronics’ Q1 2025 financial results, as announced. While revenues were down 27.3% year-over-year to $2.52 billion, aligning with