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India’s Netrasemi raises funds for edge AI processors
India’s Netrasemi raises funds for edge AI processors
News |
Netrasemi Pvt Ltd. (Thiruvananthapuram, Kerala, India) has raised 100 million rupees (about US$1.2 million) in seed round of funding to…
TSMC, SMIC gain market from Samsung in 3Q24 foundry ranking
TSMC, SMIC gain market from Samsung in 3Q24 foundry ranking
Market news |
TSMC and SMIC took foundry market share from Samsung in a strong 3Q24 but with Intel Foundry Services not ranking…
Americas chip market soars as Asian growth slows
Americas chip market soars as Asian growth slows
Market news |
There was a glimmer of an upturn for Europe buried in recently published chip market sales data for October that…
Intel re-affirms “product-and-foundry” strategy with director appointments
Intel re-affirms “product-and-foundry” strategy with director appointments
Business news |
Troubled US chip giant Intel Corp. has announced that Eric Meurice, former CEO of ASML Holding NV, and Steve Sanghi,…

Intel approaches Lip-Bu Tan, Marvell’s Murphy about CEO post
Intel approaches Lip-Bu Tan, Marvell’s Murphy about CEO post
Business news |
Intel has approached both former board member Lip-Bu Tan and Matt Murphy, CEO of Marvell, about taking the CEO post following the departure of Pat Gelsinger earlier this week, according…
Pragmatic replaces head of sales with immediate effect
Pragmatic replaces head of sales with immediate effect
Business news |
Flexible IC manufacturer Pragmatic Semiconductor Ltd. (Cambridge, England) has appointed James Davey, as senior vice president of sales, business development and product management. Davey takes over from Chief Commercial Officer…
US government trims Intel’s CHIPS Act subsidy to US$7.86 billion
US government trims Intel’s CHIPS Act subsidy to US$7.86 billion
News |
The US Department of Commerce has awarded US$7.86 billion to Intel under the CHIPS and Science Act rather than the previously provisionally agreed US$8.5 billion. The cut has been made…
Chip market to weaken in 2025, says Semiconductor Intelligence
Chip market to weaken in 2025, says Semiconductor Intelligence
Business news |
Analyst Semiconductor Intelligence (SC-IQ) sees the global chip market growing by 19 percent annually in 2024 followed by 6 percent growth in 2025, as it expects a deceleration in AI…
SuperNIC startup Enfabrica raises US$115 million in Series C
SuperNIC startup Enfabrica raises US$115 million in Series C
Business news |
Networking chip company Enfabrica Corp. (Mountain View, Calif.) has raised US$115 million as part of an oversubscribed Series C round of funding led by Spark Capital. New investors supporting Enfabrica…
Lithium-niobate photonic processor offers more efficient AI
Lithium-niobate photonic processor offers more efficient AI
Technology News |
Startup company Q.ANT GmbH (Stuttgart, Germany) has launched a commercial photonic processor based on lithium niobate electro-optic material in rack-mount and PCIe board-level formats. The move to LiNbO3 allows many…
Lip-Bu Tan backs Indian analog startup
Lip-Bu Tan backs Indian analog startup
News |
Analog and mixed-signal fabless chip company C2i Semiconductors Pvt. Ltd. (Bangalore, India) has received US$4.0 million in funding from Yali Capital and semiconductor industry veteran Lip-Bu Tan. Tan, who has…
TSMC grabs US$11 billion for Arizona fabs from US Chips Act
TSMC grabs US$11 billion for Arizona fabs from US Chips Act
Business news |
The US government has awarded the world’s leading foundry TSMC up to US$6.6 billion in direct funding under the Chips Act as well as up to US$5 billion in low-cost…
TSMC sales climb again in October
TSMC sales climb again in October
Business news |
In October, sales of the world’s leading foundry jumped by 24.8 percent sequentially and 29.2 year-on-year to reach NT$314.24 billion (about US$9.70 billion). The foundry continues to enjoy a stellar…
Europe is sinking in a buoyant global chip market
Europe is sinking in a buoyant global chip market
News |
Europe is the only region in the world where chip sales were lower in 3Q24 than in the same quarter a year before, according to numbers published by the Semiconductor…
ST tips restructuring program and a weak start to 2025
ST tips restructuring program and a weak start to 2025
Business news |
European chip company STMicroelectronics NV has disclosed a “resizing” program that is being drawn up with the goal of saving the company close to US$1 billion per year in operating…
Reports: Samsung cutting 30% of foundry staff, 50% of production lines
Reports: Samsung cutting 30% of foundry staff, 50% of production lines
Business news |
Samsung Foundry is shutting down semiconductor production lines with the aim of closing 50 percent by the end of 2024 to cut costs, according to Chosun Daily. This is being…
Globalfoundries fined for supplying wafers to China’s SJ Semi
Globalfoundries fined for supplying wafers to China’s SJ Semi
News |
New York headquartered foundry Globalfoundries Inc. has been fined US$500,000 by the US Bureau of Industry and Security (BIS) for shipping wafers to SJ Semiconductor Corp. (Jiangyin, China). SJ Semiconductor…
Intel declares huge loss but hopes for better in 2026
Intel declares huge loss but hopes for better in 2026
Business news |
Intel made a net loss of US$16.6 billion on sales revenue of US$13.3 billion in the 3Q24. Nonetheless the company managed to beat some analysts’ expectations. The size of the…
QPT CEO Rupert Baines leaves to pursue other business interests
QPT CEO Rupert Baines leaves to pursue other business interests
Business news |
Rupert Baines, formerly CEO of Quantum Power Transformation Ltd. (Cambridge, England), has left the company to pursue “other business interests.” Baines, an industry veteran had previously served as CEO of…
Intel seeks foundry alliance with Samsung, says report
Intel seeks foundry alliance with Samsung, says report
News |
Intel CEO Pat Gelsinger has requested an in-person meeting with Samsung Electronics’ chair Lee Jae-yong to discuss “comprehensive cooperation measures in the foundry sector,” according to Korea’s Maeil Business newspaper.
September foundry sales: a tale of differing fortunes
September foundry sales: a tale of differing fortunes
Market news |
Strong demand for foundry TSMC’s leading-edge wafer processing continued in September allowing the company to beat the sales guidance it gave for 3Q24 back in July. In September TSMC’s net…
America’s appetite keeps annual global chip market growth at 20%
America’s appetite keeps annual global chip market growth at 20%
Market news |
Americas region annual growth in the chip market was 43.9 percent and this helped the global chip market that record 20.6 percent annual growth, according to the Semiconductor Industry Association.
CEO interview: RANsemi’s Claydon says geopolitics drove change
CEO interview: RANsemi’s Claydon says geopolitics drove change
Business news |
Peter Claydon, president of Picocom Technology Ltd. (Bristol, England), has told eeNews Europe that he and three colleagues co-founded RANsemi Ltd. in November 2023 partly because of geopolitics. Picocom Technology,…
NWF owner Vishay decides to cut 800 jobs
NWF owner Vishay decides to cut 800 jobs
Business news |
Passives and discrete chips company Vishay Intertechnology Inc. (Malvern, Pennsylvania) has announced a restructuring plan that includes cutting about 800 jobs. Vishay said the restructuring actions were required to “optimisethe…
Diraq drives two-qubit gate accuracy in CMOS to above 99%
Diraq drives two-qubit gate accuracy in CMOS to above 99%
Technology News |
This represents the first silicon-CMOS based platform to reach the significant 99% milestone for two-qubit logic Team Diraq can announce we have successfully demonstrated consistent and repeatable operation with above…
Global chip market climbed to US$150 billion in 2Q24
Global chip market climbed to US$150 billion in 2Q24
Market news |
The global chip market was worth US$150 billion in 2Q24, up 18.3 percent from the same quarter a year before and up 6.5 percent from US$141 billion in the first…
TSMC to start building Dresden fab in August
TSMC to start building Dresden fab in August
Business news |
TSMC is set to begin construction of its first European wafer fab in Dresden, Germany, on August 20, according to reports. The €10 billion fab, known as ESMC, is a…
Aetina and Solomon team up to accelerate AI and 3D vision
Aetina and Solomon team up to accelerate AI and 3D vision
Business news |
Partnership to enable organizations to use AI and 3D vision to boost productivity across manufacturing, semiconductor, retail, and other verticals.


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