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IN THE NEWS
Thursday 5 December 2024
Intel stands by forecast after CEO exit, vows to be thriftier
Intel, fresh off the abrupt departure of CEO Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein...
Thursday 5 December 2024
CSPs accelerate custom chip adoption amid ASIC market expansion
AWS announced significant cloud developments and custom chip design progress at its major conference in the US this week. The company's next-generation 3nm chip, Trainium 3, is set...
Thursday 5 December 2024
Taiwan chip firms' China ties in crosshairs as US expands chip ban
The expansion of US trade sanctions against Chinese semiconductor firms has raised concerns among Taiwanese companies regarding their business relationships with Chinese customers...
Thursday 5 December 2024
Microchip expansion halt is a wake-up call for Chinese automotive MCU makers
Following American chipmaker Microchip Technology's announcement regarding the closure of its Fab 2 wafer factory in Arizona and pause in its application for US semiconductor subsidies,...
Thursday 5 December 2024
Intel CEO exit offers crucial lessons for Samsung's reform
Intel CEO Pat Gelsinger's departure has sparked debates in South Korea regarding the prospects for the equally struggling chip-making titan Samsung Electronics (Samsung). However,...
Thursday 5 December 2024
Another one bites the silicon: Intel's Gelsinger joins 2024's CEO exodus
Intel CEO Pat Gelsinger announced his retirement today, though sources indicate the board presented him with an ultimatum to either resign or face termination. This development adds...
Wednesday 4 December 2024
China chip firms accelerate local supply chain development amid new US export controls
China's semiconductor industry is ramping up efforts to reduce dependence on US technology following Washington's latest round of export restrictions, with multiple domestic firms...
Wednesday 4 December 2024
Microchip to close Arizona fab amid revenue slowdown
Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges...
Wednesday 4 December 2024
TV panel prices unlikely to drop in short term, though price increases will also take time, says manufacturers
Since late August, China's "trade-in" policy has gradually revitalized demand for LCD TV panels, easing the decline in prices. As a result, global TV shipments are expected to see...
Wednesday 4 December 2024
WSTS revises upward 2024 semiconductor growth forecast to 19%
The World Semiconductor Trade Statistics (WSTS) has issued an optimistic outlook for the semiconductor industry, revising its 2024 predictions upward. The forecast anticipates a robust...
Wednesday 4 December 2024
New US trade ban may impede Tsinghua Unigroup's comeback
Chinese semiconductor firm Tsinghua Unigroup's road to recovery faces new obstacles, as its two major stakeholders, Beijing Wise Road Asset Management (Wise Road Capital) and Beijing...
Wednesday 4 December 2024
Intel's CEO search widens its scope: Marvell chief, Cadence veteran emerge as candidates
Following Pat Gelsinger's retirement announcement, Intel is reportedly expanding its search for a successor beyond company ranks. The chipmaker has enlisted a headhunting firm and...
Wednesday 4 December 2024
AWS unveils 3nm Trainium3 for AI workloads
Amazon Web Services (AWS) has unveiled its latest innovation, the Trainium3 chip, featuring an advanced 3nm manufacturing process and scheduled for release in late 2025. The announcement...
Wednesday 4 December 2024
Pat Gelsinger's retirement opens doors for potential transactions at Intel
Intel's CEO Pat Gelsinger's unexpected resignation has created new opportunities for the company to explore potential transaction options, including those previously rejected during...
Wednesday 4 December 2024
Marvell reports strong 3Q24 results, driven by AI silicon demand
Marvell reported strong fiscal third-quarter results with a 6.87% revenue increase, driven by record data center revenue, primarily from custom AI silicon. The company forecasts continued...