Dec. 5, 2024 —- According to TrendForce’s latest report, while the overall economic situation did not significantly improve in the third quarter of 2024, factors such as supply chain stocking driven by new smartphone and PC/notebook launches in the second half of the year, coupled with continued strong demand for AI
Read MoreThe Chinese Ministry of Commerce today announced immediate export restrictions on gallium, germanium, antimony, and super-hard materials to the United States. This action cites national security concerns and represents a significant escalation of trade tensions between the two countries. The restrictions follow recent U.S. actions to curb exports of semiconductor-related
Read MoreDecember 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
Read MoreThe 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
Read More[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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