Keywords: Semiconductor
Artificial intelligence chip developer SambaNova has raised $1 billion in a major late-stage funding round, lifting the company’s valuation to $11 billion as demand grows for specialised computing infrastructure designed to support advanced AI systems. The funding round was led by investment firm......
Synopsys is scaling back part of its semiconductor manufacturing software portfolio as the U.S. technology company redirects investment toward higher-growth artificial intelligence design tools, signaling a strategic shift in the rapidly evolving chip industry. According to sources familiar with the......
Micron Technology and Ford Motor have signed a long-term agreement to secure supplies of memory and storage semiconductors for the automaker’s next generation of vehicles, reinforcing efforts to strengthen supply chain resilience in the automotive sector. The agreement is part of Micron’s......
Workers in Samsung Electronics' smartphone, television and home appliance businesses are preparing to stage a large-scale protest later this month, highlighting growing tensions over disparities in employee compensation across the company's divisions. The demonstration, scheduled for July 16,......
ASM International has announced plans to appoint Chris Figee as its next Chief Financial Officer, strengthening the executive leadership of one of Europe's leading semiconductor equipment manufacturers. The Dutch technology company confirmed that Figee, currently Chief Financial Officer and a member......
South Korean semiconductor manufacturer SK Hynix is reportedly considering an underwriting fee of around 0.5% of the proceeds from its planned American Depositary Receipt (ADR) offering, as preparations accelerate for one of the largest U.S. equity listings in recent years. According to reports citing......
Super Micro Computer has confirmed that two employees at its Taiwan subsidiary have been detained as part of an investigation into the alleged illegal export of advanced artificial intelligence (AI) servers containing Nvidia chips to China. The company said two additional employees were questioned by......
Chinese entrepreneur Wang Bing has become one of the most talked-about figures in global markets after his fortune surged to $4.7 billion, following a dramatic rise in the value of shares in his company, Chongqing Jinori Technology. The sharp increase came after the company’s listing on the Shanghai......
Chinese memory chip manufacturer ChangXin Memory Technologies has reportedly secured a long-term supply agreement worth more than 20 billion yuan (approximately US$2.94 billion) with Tencent Holdings, reinforcing its position in China’s rapidly expanding semiconductor industry. According to sources......
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