Semiconductor Latest News

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CoWoS Drives Demand for Advanced Packaging Equipment; Sales Expected to Surpass 10% Growth in 2024, Says TrendForce

CoWoS Package feature

TrendForce reveals that sales of advanced packaging equipment are expected to grow by more than 10% in 2024, with the potential to exceed 20% in 2025. This growth is being driven by major semiconductor manufacturers’ ongoing expansion of advanced packaging capacity and the rapidly expanding global AI server market. 
 
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Synopsys Posts Financial Results for Third Quarter Fiscal Year 2024

text labeled PRESS RELEASE

SUNNYVALE, Calif., Aug. 21, 2024 — Synopsys, Inc. (Nasdaq: SNPS) today reported results for its third quarter of fiscal year 2024. Revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the third quarter of fiscal year 2023.
 
“Our strong third quarter results and expectations for

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UMC’s Singapore Fab 12i Celebrates First Tool Move-In for New Phase 3 Expansion

wafer

United Microelectronics Corp (UMC), Taiwan’s second-largest pure-play wafer foundry, marked a milestone yesterday with the arrival of the first equipment tools for its Phase 3 expansion at Fab12i in Singapore. The ceremony was attended by representatives from the Singapore Economic Development Board (EDB), Jurong Town Council (JTC), the Institute of

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TSMC Acquires Innolux Plant to Boost AI Chip Packaging Capacity

TSMC

Taipei, August 16 – Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has announced the purchase of a plant and equipment from flat panel maker Innolux Corp. for NT$17.14 billion (US$531 million). The acquisition, located in the Southern Taiwan Science Park, encompasses a 317,445 square meter facility and related

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Global Semiconductor Manufacturing Industry Strengthens in Q2 2024, SEMI Reports

Depositphotos

MILPITAS, Calif. – August 19, 2024 –The global semiconductor manufacturing industry in the second quarter of 2024 continued to show signs of improvement with significant growth of IC sales, stabilizing capital expenditure, and an increase in installed wafer fab capacity, SEMI announced today in its Q2 2024 publication of

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U.S. Awards $1.6 Billion to Texas Instruments to Build Semiconductor Plants

Investment budget local government

NEWS HIGHLIGHTS:

The U.S. Department of Commerce has proposed up to $1.6 billion for TI in direct funding through the CHIPS and Science Act to support three 300mm semiconductor wafer fabs under construction in Texas and Utah.
TI expects to receive an estimated $6 billion to $8 billion from the U.S. Department of Treasury’s Investment Tax

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South Korea Launches $834 Million to Boost AI Semiconductor Ecosystem

Investment budget local government

Seoul, August 15, 2023 – The South Korean government is set to launch a substantial semiconductor ecosystem fund in the third quarter of this year, focusing on supporting the growth of fabless chip design companies through scale-ups and mergers and acquisitions (M&A). This initiative is a key component of the

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AutoChips integrated multiple VeriSilicon’s IPs in its intelligent cockpit domain control SoC

press release

Shanghai, China, August 14, 2024 — VeriSilicon (688521.SH) today announced that AutoChips, an automotive electronic chip design company, has adopted VeriSilicon’s high-performance IP portfolio in its new generation intelligent cockpit domain control SoC AC8025, including Neural Network Processing Unit (NPU) IP, Video Processing Unit (VPU) IP, and Display Processing IP.
 
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Discrete Semiconductor Industry is Expected to Reach $ 44.2 Billion by 2033

market research

Newark, Aug. 12, 2024 (GLOBE NEWSWIRE) — The report published by The Brainy Insights shows that the global discrete semiconductor market is expected to reach USD 44.2 billion by 2033, at a CAGR of 6% during the forecast period 2023-2032. North America emerged as the largest market for global discrete semiconductors,

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Chiplet interconnect pioneer Eliyan gains additional financial backing from AI chip ecosystem with strategic investment from VentureTech Alliance

SANTA CLARA, Calif. – August 13, 2024 – Eliyan (“Eliyan”) Corporation, credited for the invention of the semiconductor industry’s highest-performance and most efficient chiplet interconnect, today announced a strategic investment from VentureTech Alliance.
 
The additional funding puts Eliyan’s total investment past the $100 million mark and will help further the company’s

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