Category Archives: ASIC Industry Market Trends

Advanced Processes and Chinese Policies Drive 3Q24 Global Top 10 Foundry Revenue to Record Highs, Says TrendForce

sk keyfoundry ai

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

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China Imposes Export Restrictions on Key Minerals to the United States

china usa flags chips

The 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

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Vishay Intertechnology Invests £51 Million in Newport Semiconductor Plant, Boosting Welsh Economy

press release wafer fab

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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Korean Government Announces $10 Billion Support Package for Semiconductor Industry

wafer

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

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Sam Altman’s Rain AI: A New Contender in the High-Stakes AI Chip Race

BGA

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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Japan to roll out $65bn in support for chips, AI

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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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