Taiwan Semiconductor Manufacturing Company (TSMC) is experiencing a meteoric rise in its revenue and stock price, driven by unprecedented demand for artificial intelligence (AI) chips. The chipmaker’s Q3 2024 earnings report revealed a staggering 34% year-on-year increase in revenue, reaching approximately $23 billion. This impressive financial result is largely attributed to TSMC’s leadership in producing […]
Tata Group, one of India’s largest and most influential conglomerates, is set to revolutionize the country’s semiconductor industry with its ambitious plans to establish cutting-edge manufacturing units across multiple states. This development comes at a time when the global demand for semiconductors is surging due to their use in everything from smartphones to electric vehicles […]
Intel Corporation, once a dominant force in the semiconductor industry, is facing one of the most challenging periods in its history. The company is at risk of being removed from the Dow Jones Industrial Average (DJIA) as its shares have plummeted nearly 60% in 2024. This drastic decline has placed Intel as the worst-performing component […]
Intel Corporation announces significant layoffs and restructuring plans aimed at achieving $10 billion in savings by 2025. The American semiconductor giant, Intel Corporation, has revealed a substantial workforce reduction of approximately 15%, which will affect nearly 15,000 employees. This bold move is part of Intel’s broader cost-cutting strategy to enhance efficiency and market competitiveness. The […]
Intel has unveiled its first U.S.-based apprenticeship program for manufacturing facility technicians, partnering with several Arizona organizations, including the Arizona Commerce Authority, the Phoenix Business and Workforce Development Board, the SEMI Foundation, Maricopa Community Colleges District, and Fresh Start Women’s Foundation. The initiative aims to bolster the semiconductor workforce by training facility technicians at Intel’s […]
Cyient Ltd, a renowned global Intelligent Engineering company focused on shaping a digital, autonomous, and sustainable future, has made a significant stride in the semiconductor sector by establishing a fully owned subsidiary. This move is part of Cyient’s strategic expansion to enhance its presence and capabilities within the burgeoning semiconductor industry in India. Krishna Bodanapu, […]
The Centre for Development of Advanced Computing (C-DAC) has made significant strides in the field of high-performance computing (HPC) by partnering with MosChip Technologies and Socionext Inc. for the development of an indigenous HPC processor, named AUM. This initiative marks a crucial step towards the complete indigenization of supercomputing technologies in India. The AUM processor […]
In a major move to expand its global footprint, Silicon Box has chosen Piedmont, Italy, near Novara, as the site for its new €3.2 billion ($3.6 billion) advanced semiconductor packaging facility. This significant investment marks the introduction of first-of-its-kind semiconductor manufacturing capabilities in Europe, focusing on chiplet architecture and advanced testing methods. The facility is […]
Accenture (NYSE: ACN) has announced its acquisition of Teamexpat, a Netherlands-based embedded software specialist known for its work in the semiconductor industry. Located in Eindhoven, Teamexpat has carved out a niche in software development, testing, and integration for high-tech lithography systems essential for microchip production. This strategic acquisition is set to significantly enhance Accenture’s prowess […]
In a significant development in the semiconductor industry, SK hynix Inc. has announced a strategic memorandum of understanding with Taiwan Semiconductor Manufacturing Company (TSMC) aimed at enhancing the production capabilities of High Bandwidth Memory (HBM) through advanced packaging technologies. This collaboration is set to focus on the development of HBM4, the sixth generation of HBM […]
