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Monday 23 September 2024
Fed rate cut boosts optimism among Taiwanese electronics distributors
The Federal Reserve announced a rate cut of 25 basis points, signaling the beginning of a rate-cutting cycle for the first time in four years. Electronic component distributors believe...
Monday 9 September 2024
Nvidia invests in Japan-based Sakana AI, fueling global GenAI race
The Japan-based startup founded by former Google researchers, Sakana AI, announced that it has received a total of JPY20 billion (US$138 million) from various investors including...
Friday 6 September 2024
Xiangdixian slashes workforce, retains only critical roles
Recent reports suggest that Chinese GPU startup Xiangdixian Computing Technology has collapsed due to funding issues and dismissed its entire workforce. However, the company later...
Thursday 5 September 2024
Indian IC design startup raises US$3milion, to launch security chips made by UMC
India-based IC design house BigEndian Semiconductors raised US$3 million and aims to partner with Taiwan-based UMC to launch security chips amid the emergence of a local semiconductor...
Thursday 5 September 2024
China GPU industry braces for consolidation
Over the past two years, local GPU manufacturers in China have been on a roller coaster ride.
Monday 2 September 2024
Chinese GPU startup, potential Nvidia rival, denies bankruptcy despite organizational adjustment
Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400...
Thursday 29 August 2024
Semicon India 2024: what does the industry expect?
As Semicon India 2024 approaches, the Indian semiconductor industry is at a critical juncture.
Wednesday 28 August 2024
Rapidus pursues US$690 million loan to achieve 2nm chip production by 2027
Rapidus, aiming to begin mass production of 2-nanometer chips in Japan by 2027, is seeking significant financial support for its trial production and eventual mass production.
Tuesday 27 August 2024
China-South Korea Semiconductor Fund fuels Wuxi's rise as a hub for South Korean chip firms
With TSMC expanding its presence in the United States, Japan, and Europe, many suppliers have followed suit, venturing abroad to establish new operations.
Thursday 22 August 2024
US Chips Act scale bigger than China Big Fund II, but manufacturing reshoring remains slow
The scope of the US Chips Act appears to have exceeded that of the China Integrated Circuit Industry Investment Fund II (Big Fund II), but the American government's goal of reshoring...
Monday 19 August 2024
TI to receive up to US$1.6 billion in CHIPS Act funding
Texas Instruments (TI) and the US Department of Commerce have signed a non-binding preliminary memorandum of terms for up to US$1.6 billion in proposed direct funding under the CHIPS...
Friday 16 August 2024
Intel's CHIPS Act implementation hamstrung by performance, packaging dependencies, workforce shortages
The US$39 billion funding allocation under the CHIPS and Science Act (CHIPS Act) is nearing completion.
Thursday 8 August 2024
Samsung bets big on AI: Groq investment marks third AI startup in quick succession
Samsung Electronics continues its series of strategic investments amidst the surging AI wave.
Tuesday 6 August 2024
SK Hynix secures US$450 million in US CHIPS Act funding for HBM memory fab
The US Department of Commerce and SK Hynix have signed a non-binding preliminary memorandum of terms to provide up to US$450 million in proposed federal incentives under the CHIPS...
Thursday 1 August 2024
Applied Materials is denied US chips grant for US$4 billion Silicon Valley project
Applied Materials Inc. was informed by US officials that it won't be receiving Chips Act money for a long-anticipated research and development center, dealing a critical blow to a...