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AI PCs to Grab 60% Market Share of All PC Shipments by 2027 2/21/2024
(AI) PCs are predicted to grow from nearly 50 million units in 2024 to more than 167 million in 2027, according to new forecasts by International Data Corp. (IDC).
Renesas to Acquire Altium 2/21/2024
The acquisition enables two industry leaders to join forces and establish an integrated and open electronics system design and lifecycle management platform.
New routes to power up 2/21/2024
EV drivers unable to install a charger at home are turning instead to stopgaps offered by US and European firms as alternatives to often expensive or inconvenient public charging points.
Applied Materials expects strong Q2 revenue 2/20/2024
Applied Materials is forecasting its second-quarter revenue to beat estimates as AI demand continues and the PC market begins to rebound. CEO Gary Dickerson told analysts, "There is a reacceleration of capital investment by cloud companies, fab utilization is increasing across all device types and memory inventory levels are normalizing.
ITRI and Mexico’s Sonora to Partner on Science Park Development 2/20/2024
The Industrial Technology Research Institute (ITRI) has signed a consulting service agreement with the state of Sonora in Mexico for science park planning and counseling, deepening Mexico-Taiwan cooperation in the fields of technology and industry.
Warren Buffett-backed US consumer bank Capital One plans to acquire US credit card issuer Discover 2/20/2024
Warren Buffett-backed US consumer bank Capital One plans to acquire US credit card issuer Discover Financial Services in an all-stock transaction valued at $35.3 billion to create a global payments giant, the companies said.
Chipmaker Nvidia is replacing Tesla as Wall Street's most traded stock 2/20/2024
Nvidia's outsized representation in day-to-day stock trading could leave investors more vulnerable should the chipmaker's revenue growth fail to meet investors' high expectations and puncture a Wall Street rally that has been fueled by euphoria about artificial intelligence.
Taiwan Sets Sight on Cultivating IC Design Talent 2/19/2024
In an exclusive interview, Minister Tsung-Tsong Wu talks about Taiwan's strategies to continue to lead advanced semiconductor technology developments.
Commerce Department opens $300M CHIPS R&D competition 2/19/2024
The initiative aims to fund projects focused on advanced packaging substrates and materials, critical to building more powerful semiconductors.
Germany is likely in recession now as external demand is weak 2/19/2024
Consumers remain cautious and domestic investment is held back by high borrowing costs, the Bundesbank said in a monthly report about Europe's biggest economy.
China's JD.com said it is evaluating a takeover of Britain's Currys 2/19/2024
the news sending shares in the electricals retailer soaring, and laying the ground for a bidding war after the group rejected a rival $883 million deal.
AI to Drive Server DRAM Market in 2024 2/16/2024
The server sector is expected to see the most significant growth, with content per box for server DRAM projected to rise by 17.3% annually, while enterprise SSDs are forecast to increase by 13.2%. The market penetration rate for AI smartphones and AI PCs is expected to experience noticeable growth in 2025 and is anticipated to further drive the average content per box upward.
Invested by TSMC, Sony, DENSO and Toyota, JASM wants to build second fab in Japan 2/16/2024
In response to rising customer demand, JASM plans to commence construction of its second fab by the end of 2024. The increased production scale is also expected to improve overall cost structure and supply chain efficiency for JASM.
Amkor’s Arizona semiconductor facility is ‘continuing full speed’ 2/16/2024
The company is finalizing its CHIPS and Science Act funding application and still expects to begin production in two to three years.
Energy Chief: U.S. ‘Very Concerned’ About China’s Dominance of Critical Minerals 2/16/2024
Granholm told CNBC February 14 when discussing China’s grip on critical minerals. "We do not want to be over-reliant on countries whose values we may not share."
South Korea to make the country a hub for AI, digital R&D 2/15/2024
The South Korean government is investing in researchers who can help the country transition to an AI technology and digital powerhouse. The government announced $1.35 billion will go to expand joint research and development with top institutions worldwide and to entice leading researchers to relocate to South Korea.
GlobalFoundries beats Q4 expectations despite slowdown 2/15/2024
GlobalFoundries reports its fourth-quarter earnings and revenue were higher than expected even while it shipped fewer chips. The company's wafer shipments were down 28,000 from Q4 2022 to 552,000 in the most recent quarter.
Britain's economy fell into a recession in the second half of 2023 2/15/2024
A tough backdrop for Prime Minister Rishi Sunak who has promised to boost growth ahead of an election expected later this year. The GDP contracted by a worse-than-expected 0.3% in the three months to December, official data showed.
Cisco to cut 5% of its global workforce, or more than 4,000 jobs 2/15/2024
The company navigates a tough economy that has led to thousands of layoffs by tech firms this year. Analysts expect demand for Cisco's products to remain under pressure, as clients in the telecom industry restrict spending.
Samsung Research America, Princeton U. team up for R&D in 6G 2/14/2024
The program was launched by the university's School of Engineering and Applied Science last year to accelerate the adoption of new technologies and enhance innovation across various sectors, including cloud and edge networks, intelligence sensing and network resilience.
HBM market growth likely to outpace DRAM 2/14/2024
The high bandwidth memory sector is forecast to increase by $14 billion in 2024, according to Yole Developpement, and likely outgrow the DRAM market. AI and high-performance computing are fueling the HBM market growth
Most Volkswagen autoworkers in Tennessee want to join union, UAW says 2/14/2024
With a majority of workers having signed union cards, the United Auto Workers lauded the moment as a positive sign for its industry unionization drive.
BorgWarner inks manufacturing deal with BYD subsidiary 2/14/2024
The auto supplier will use FinDreams Battery’s LFP battery pack design and manufacturing process in Europe, the Americas and parts of the Asia Pacific.
SK Hynix and TSMC have established an Alliance' in high-bandwidth memory (HBM) market 2/13/2024
SK Hynix has established a "one-team strategy" including cooperation with TSMC on development related to HBM4, the sixth-generation HBM. The two companies, along with Nvidia, which dominates the AI semiconductor market, are increasing their influence in their respective markets.
Nvidia plans to build custom AI chips with new unit 2/13/2024
Nvidia is reportedly allocating $30 billion to the custom AI chip market through a dedicated business unit for cloud computing companies. The leader in AI chips is looking to protect itself from companies wanting alternatives to its products, reports say.
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