Category Archives: ASIC Industry Market Trends

Micron Technology to Invest $50 Billion in U.S. Memory Chip Manufacturing, Creating Tens of Thousands of Jobs

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Micron Technology, Inc. (Nasdaq: MU), a global leader in memory and storage solutions, today announced a significant expansion of its U.S. manufacturing operations, fueled by a $6.1 billion grant from the CHIPS and Science Act. This investment, totaling approximately $50 billion through 2030, will bolster domestic memory chip production, strengthen

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Global Semiconductor Sales Hit Record High in August, Fueled by AI Boom

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Global semiconductor sales soared to a record $53.1 billion in August, marking a significant 20.6% year-over-year increase, according to the Semiconductor Industry Association (SIA). This surge, the highest since April 2022, underscores the robust momentum in the semiconductor industry, driven primarily by the burgeoning demand from the artificial intelligence (AI)

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Launching MosChip DigitalSky™ for Building Connected Intelligent Enterprises

[Santa Clara, USA], [October 3rd, 2024] – MosChip® Technologies, a semiconductor design and product engineering services company, is excited to announce the launch of MosChip DigitalSky™, a comprehensive suite of digital solutions aimed at transforming global enterprise into a connected and intelligent entity. It enables organizations to thrive in the

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Powerchip Semiconductor (PSMC) Shifts Focus from Japan to India for New $10.9 Billion Fab

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Taipei, Taiwan – October 2, 2024 – Powerchip Semiconductor Manufacturing Corporation (PSMC), a leading Taiwanese foundry, has announced a strategic shift in its global expansion plans, opting to scrap a previously announced semiconductor fab project in Japan in favor of building a new fab in Gujarat, India. The decision comes

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China’s IC Exports Soar in 2024 Amid Global Semiconductor Market Recovery

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Beijing, China – October 2, 2024 – China’s integrated circuit (IC) exports have experienced a remarkable recovery in 2024, showing strong growth despite recent global downturns in the semiconductor industry. According to customs data reported by People’s Daily, IC exports from China in the first eight months of 2024 reached

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Global Spending on 300mm Fab Equipment is Expected to Reach a Record US$400 Billion

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MILPITAS, Calif. — September 26, 2024 — Global spending on 300mm fab equipment is expected to reach a record US$400 billion from 2025 to 2027, SEMI highlighted today in its quarterly 300mm Fab Outlook Report to 2027 report. The robust spending is being driven by the regionalization of semiconductor fabs and

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