[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
Read MoreMILPITAS, Calif. ─ October 21, 2024 ─ Global shipments of silicon wafers are projected to decline 2% in 2024 to 12,174 million square inches (MSI) with a strong rebound of 10% delayed until 2025 to reach 13,328 MSI as wafer demand continues to recover from the downcycle, SEMI reported today
Read MoreOct. 24, 2024 — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading dedicated independent semiconductor foundry, today confirmed that it has halted shipments to a client after discovering that chips manufactured for that client ended up in products produced by Huawei Technologies. This action follows the company’s mid-October discovery and
Read MoreOctober 15, 2024 – Xscape Photonics, a pioneer in next-generation data center connectivity, today announced the closing of a $44 million Series A funding round, bringing its total funding to $57 million. The round was led by IAG Capital Partners and included participation from Cisco Systems Inc., Nvidia Corp., Altair
Read MoreOctober 15, 2024 – CG Power and Industrial Solutions Limited, a Murugappa Group company, today announced the acquisition of Renesas Electronics Corporation’s radio frequency (RF) components business for USD 36 million. This strategic acquisition marks CG Power’s entry into the semiconductor design sector, a high-growth and high-profitability market.
The
October 15, 2024 – ASML Holding NV, a leading semiconductor equipment maker, announced a revised sales forecast for 2025, projecting net sales between €30 billion and €35 billion. This represents the lower end of the company’s previously stated range. The announcement, released a day early due to a technical error,
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