Tag: tech-industry

AI Boom Drives Chip Manufacturing Equipment Market Toward Record $230 Billion by 2028

The surge in AI technology is set to push the chip manufacturing equipment market to nearly $230 billion in revenue by 2028, according to SEMI.

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Chinese Memory Chip Manufacturer CXMT Plans $8.5 Billion IPO, Setting Industry Record

Chinese memory chip producer CXMT aims to raise $8.5 billion in an IPO, marking the largest public offering in China’s semiconductor sector.

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Apple and Samsung Expand Market Share Amid Smartphone Shipment Decline

Despite a steep 11% drop in global smartphone shipments, Apple and Samsung have both grown their market shares in Q2.

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UMC Begins Production of Advanced Photonic Chips at Singapore Facility

Taiwan’s UMC has started manufacturing cutting-edge photonic chips at its Singapore plant, expanding its role in the semiconductor sector.

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TSMC Plans Two New Chip Packaging Facilities in Southern Taiwan Amid AI Chip Demand Surge

TSMC will add two new chip packaging plants in southern Taiwan to meet growing AI infrastructure chip testing and packaging needs.

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Data Centers in Ireland Now Consume Nearly as Much Energy as Residential Homes

Ireland’s data centers have rapidly expanded their energy use, now accounting for nearly a quarter of the country’s total consumption.

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US Emerges as Leading Helium Supplier to Asian Chip Manufacturers Amid Regional Disruptions

Following regional export disruptions, the US has become the primary helium supplier to key Asian semiconductor producers.

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Meta Sparks Investor Concern Over AI Capacity Oversupply, Industry Experts Disagree

Meta’s plan to lease AI computing capacity stirred investor fears of market saturation, but experts say demand for AI infrastructure remains robust.

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US Lifts Restrictions on AI Chip Exports to UAE Acknowledging Strategic Partnership

The US has eased export controls on AI chips to the UAE, marking a shift in tech and defense cooperation with the Gulf ally.

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Microsoft Addresses Concerns Over Xbox Staff Cuts and H-1B Visa Replacements

After Xbox layoffs affected 3,200 employees, Microsoft clarifies that these roles will not be replaced by H-1B visa holders.

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SK hynix CEO Predicts Memory Chip Shortage Will Peak in 2027 and Persist Beyond 2030

SK hynix CEO forecasts the global memory chip shortage will peak in 2027 and continue to affect the market well into the next decade.

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SK Hynix Explores Memory Leasing Service and Plans Significant U.S. Investment Boost

SK Hynix aims to offer memory leasing services and increase investments in the U.S. following its Nasdaq listing and leadership visits.

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