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October 17, 2024 – Taiwan Semiconductor Manufacturing Company (TSMC) today reported strong third-quarter 2024 earnings, exceeding guidance and fueled by robust demand for high-performance computing (HPC) chips, particularly in the artificial intelligence (AI) sector. However, the company also highlighted challenges related to inventory levels, rising costs, and the ramp-up of
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October 17, 2024 — EnSilica, a leading chip maker of mixed signal ASICs (Application Specific Integrated Circuits), is pleased to announce that it has been awarded a design and supply contract for a mixed signal controller ASIC to be used in automotive and industrial motorised actuators. The European based client (the
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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.
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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Hsinchu, Taiwan [9-Oct-2024] – Taiwan Semiconductor Manufacturing Company (TSMC) (TWSE: 2330, NYSE: TSM) today announced a significant investment in Vanguard International Semiconductor Corporation (VIS), further solidifying its position in the global semiconductor industry. TSMC has acquired 42,485,831 shares of VIS at NT$88 per share, representing a total investment of approximately
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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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Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, and Kiwimoore, a global leader in AI networking full-stack interconnect products and solutions, announced today that their jointly developed 2.5D packaging platform has successfully entered the mass production stage. The one-stop advanced packaging platform and service developed
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Samsung Foundry is accelerating its efforts to establish mass production capabilities for its 2nm process technology, according to industry sources. The company is actively equipping its “S3” foundry line at the Hwaseong plant, aiming for a monthly capacity of 7,000 wafers by Q1 2024. Further expansion is planned with the
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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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