MILPITAS, 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
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Oct. 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
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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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