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2024-08-02

[News] Funding for Applied Materials’ USD 4 Billion R&D Center Reportedly Denied by the U.S. Government

Semiconductor giants like Intel, TSMC, Samsung and Micron have received huge amount of grants from the U.S. government, funded through the CHIPS and Science Act. However, chip making equipment maker Applied Materials is said to be in a different scenario. According to reports by Bloomberg and Tom’...

2024-08-02

[News] Intel’s Earnings Fall Short, Cutting Over 15% of Workforce

Intel not only reported earnings and forecasts that fell short of Wall Street expectations but also announced plans to cut more than 15% of its workforce, halt dividend payments for Q4 2024 (October-December), and reduce its full-year capital expenditure forecast by more than 20%. According to In...

2024-08-02

[News] U.S. Manufacturing PMI Drops to Eight-Month Low, Reflecting Weak Demand and Output

The Institute for Supply Management (ISM) released the Manufacturing Purchasing Managers' Index (PMI) for July on August 1st. The report indicated that the Manufacturing PMI was 46.8 in July, down from 49.3 in June and below the market expectation of 48.8. This marks the fourth consecutive month of ...

2024-08-02

[News] SK hynix Reportedly Develops NAND over 400 Layers, Eyeing Mass Production Ready by 2025

As the battle of HBM intensifies between memory giants, the competition of NAND is also heating up. According to a report by Korean media outlet etnews, SK hynix is developing 400-layer NAND flash memory, aiming to get the technology ready for mass production by the end of 2025. Citing sources fa...

2024-08-02

[News] IQE’s Taiwan Subsidiary Plans to Go Public on the Taiwan Stock Exchange

On July 31, IQE plc, the global supplier of compound semiconductor wafer products and advanced material solutions, announced the planned initial public offering (IPO) of the Group’s Taiwanese operating subsidiary (IQE Taiwan) on the Taiwan Stock Exchange (TWSE). The Group intends to list IQE Ta...

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