Gartner has downgraded its semiconductor revenue growth estimate for next year. The analyst has earlier predicted higher growth, but now revenue will fall by 3.6% in the coming year.
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Intel is expected to build a new European chip factory in Veneto, Italy, according to two sources with knowledge of the matter. The area is ideal as it has good rail and road links.
President Joe Biden has signed the U.S. CHIPS and Science Act that provides subsidies worth $52.7 billion for the country's chip manufacturing industry and helping it compete against China.
Intel and Italy are close to a deal that will see a chip manufacturing facility be built in the country. The deal is worth $5 billion and will help Europe reduce its dependence on Asia for chips.
Gartner has revealed that semiconductor revenues won't be as good in 2022 as anticipated during the last quarter. Early figures for 2023 also reveal the sector will see contraction.
Companies across various sectors that are reliant on semiconductor chips have said the shortages seem to be starting to ease. This was due to increased capacity and lower consumer electronics demand.
Broadcom has said that it will buy VMware for $61 billion after news that a deal was in the works a couple of days ago. The acquisition will see Broadcom pay cash and buy outstanding stocks.
Broadcom is in talks to buy VMware. The talks are in an early stage and no purchase is imminent. Sources familiar with the matter did not divulge particular details about the talks either.
The United States and European Union will try to avoid a subsidy race as they look to boost chip output. The parties want to avoid manufacturing pooling in a handful of areas, weakening supply chains.
Intel's CEO has said that the semiconductor shortage could run on into 2024 because there's also a shortage in manufacturing tools. He previously expected the shortage to end in 2023.
Gartner has said that the semiconductor shortage is set to abate in some sectors this year. It also said that worldwide revenues in the industry will increase by 13.6% this year and 3.6% in 2023.
Intel has formed an alliance with Micron, Analog Devices, and MITRE Engenuity. The firms want to work together to boost semiconductor research, development, and prototyping while protecting IP.
Logitech's CEO has said that he sees the semiconductor shortage continuing through the year. It echoes similar statements from other tech bosses but hopefully, things get back on track in 2023.
Intel has chosen Ohio's Licking County as the site of two new semiconductor factories that it plans to build by 2025. The company will spend $20 billion and create 20,000 direct and indirect jobs.
China could catch up with industry leaders in semiconductor technology in around 10 years, according to an analyst from IDC. The country can currently produce 14- to 16-nanometre chips.
Intel is investing $7 billion by expanding and improving its Malaysian semiconductor packaging facility. The new packaging will not only reduce costs but also improve performance and power.
AMD's Mark Papermaster. in a recent interview, stated that he believes the semiconductor market will be back to normalcy in 2023 starting in 2H 2022. Intel and Nvidia also agree with the timeframe.
Samsung will build a semiconductor factory in Taylor, Texas after local government wooed the Korean firm with support in the form of tax breaks. It'll also establish a skills center in the city.
Intel's CEO Pat Gelsinger has ruled out the UK as the site for the firm's European factory. He said the company is considering 70 proposals from 10 countries inside the European Union.
The automotive industry could be losing more than $200 billion in revenue this year due to the ongoing global semiconductor shortage. The figure is much higher than what was earlier predicted.
As part of the US trying to become self-reliant in semiconductor manufacturing, Intel has secured an agreement with the Department of Defense to provide chip fabrication services with the government.
Intel says that its latest fab complex will consist of chip packaging facilities and multiple modules that will have the potential of processing wafers by employing its advanced process technologies.
The industry is currently struggling with a global chip supply crisis but Goldman Sachs' Andrew Tilton believes that things will soon be better as we move into the second half of the year.
Intel's new CEO Pat Gelsinger has warned the world could be facing several years of semiconductor shortages thanks to the shift to working and study from home due to the coronavirus.
Switch consoles are flying off the shelves and Nintendo is currently unable to make enough to meet demand. The company also said its becoming "more uncertain" about its production plans for the year
Samsung had announced in 2019 that it would invest more than $115 billion by 2030 into its logic chip businesses. Now the tech giant says it is increasing it to an eye-watering $151 billion.
Gartner has said that the worldwide semiconductor market saw revenue drop in 2019 compared to 2018. Most semiconductor firms saw negative growth except Intel and Apple which leapfrogged competitors.
Japan will impose tougher restrictions upon South Korean companies with regard to export of tech materials like phone displays. It is also considering removing the country from its trade "white list".
Western Digital has completed plans to purchase Toshiba's semiconductor business for about ¥2 trillion. The deal will create a new alliance between the companies with greater investment opportunities.
While silicon is the de facto standard of semiconductor industry, it is not perfect. The search to find its replacement: something that can be made smaller and is more efficient, continues.
Researchers from Nvidia and various universities are studying Multi-Chip-Module GPUs that bypass the performance ceiling that monolithic GPU designs will reach. Simulations show great promise.
Scientists have made a breakthrough in efficiently manufacturing a whole new material that might revolutionize computing and chip manufacturing. Despite the news, the technology is many years away.