October 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
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October 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.
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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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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 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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[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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