Italy, Intel close to USD 5 Bn deal for chip factory
Key Insights and Signals in Semiconductor
Center Setup and Expansion US chip equipment maker LAM Research to open its second R&D center in India in Sep The new center will include a state-of-the-art hardware engineering lab consisting of deposition, etching, and wet processing, along with AR/VR-enabled capabilities. The company has over 2,000 employees in India, and the new facility will help bring most of its work to the country. Read More>>Deals Italy, Intel close to USD 5 Bn deal for chip factory Italy is close to clinching a deal initially worth USD 5 Bn with Intel to build an advanced semiconductor packaging and assembly plant in the country. Intel and the government have shortlisted possible sites in two Italian regions, with one of them adding they are located in the northern regions of Piedmont and Veneto. Read More>> TSMC receives orders from major clients for its 3nm chip manufacturing technology According to reports, the orders for the 3nm devices have been placed by Intel, Apple, MediaTek of Taiwan, NVIDIA, Broadcom, AMD, and Qualcomm. If true, this would give TSMC an advantage over Samsung as the company could rapidly increase 3nm production and capture a larger market share. Read More>> Advantest selects Rohde & Schwarz to verify high-speed SoC testers The R&S RTP is part of Advantest’s continuous efforts to improve quality and was a key factor in updating the company’s verification environment to meet the latest requirements. The decision for Rohde & Schwarz indicates that the long-term relationship between Advantest and Rohde & Schwarz will continue. Read More>>Merger and Acquisition Littelfuse completes acquisition of C&K Switches The transaction is subject to customary closing conditions and regulatory approvals and is expected to close during the second calendar quarter of 2022. This is a further strengthening of Littelfuse’s switching portfolio. It acquired switching and circuit protection specialist Carling Technologies in November last year. Read More>>Executive Movement Intel elects Lip-Bu Tan to its Board of Directors Tan has served since 2021 as executive chairman of Cadence, a computational software company providing solutions used to design and develop complex semiconductor chips and electronic systems, and since 2004 as a member of its board. He served as chief executive officer of Cadence from 2009 to 2021 and as president from 2009 to 2017. Read More>>Financial and Market Activity Applied Materials Inc.’s Q3 profit decreases but beats estimate The company revealed a profit for the third quarter that decreased from last year but beat the Street estimates. The company’s quarterly revenue rose 5.2% to USD 6.52 Bn from USD 6.20 Bn last year. Read More>> Analog Devices’ shares decline after Q3 results The company just reported its Q3 2022 results, and the market did not like what it heard. Analog Devices is, however, guiding for slight sequential revenue growth to USD 3.15 Bn, plus or minus USD 100 million, despite bookings, backlog, and higher supply that would all suggest stronger growth. Read More>>
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Latest Industry Insights from Draup Braindesk
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