NVIDIA partners with MSFT to develop an AI-powered Supercomputer based on Azure Infrastructure

Key Insights and Signals in Semiconductor

Qualcomm and Adobe partner to offer native app support on mobiles, laptops, and more
Adobes AI engine dubbed Adobe Sensei will work with Qualcomm’s AI engine to provide features including super-resolution, background removal, and color enhancement, among others. Read More>>
NVIDIA teams up with MSFT on Supercomputer
The two companies have teamed up in a multi-year collaboration to build a powerful AI supercomputer that will utilize Microsoft Azure’s infrastructure and NVDAs GPUs, networking, and AI software. Read More>>
Intel, Hope for Justice & R3 to combat Modern Slavery
The companies are launching a pilot program to help organizations fight modern slavery by sharing sensitive data securely. It analyses data and notifies appropriate agencies when relevant data matches are identified. Read More>>
Executive Movements
Intel elects Barbara G. Novick to the Board
Barbara G. Novick, co-founder and senior advisor at BlackRock Inc., was elected to Intel’s board. Novick will serve as an independent director and join the board’s Audit & Finance, and Compensation committees. Read More>>
GlobalFoundries appoints new Senior VP of Global Supply Chain
In this role, Ms. Ashlie Wallace will spearhead GF’s global supply chain operations, including logistics, supply planning, sourcing, and procurement, to drive operational efficiency that will support the company’s continued growth. Read More>>
Veeco appoints Dr. Lena Nicolaides to its Board
In addition to her vast industry experience and leadership qualities, Dr. Nicolaides was identified through a search process in connection with the Board’s desire for increased diversity. Read More>>
Financial and Market Activity
Kulicke and Soffa Q4 earnings and revenues top estimates
The company came out with quarterly earnings of USD 1.19 per share, beating the Zacks Consensus Estimate of USD 0.91 per share. A quarter ago, it was expected that the company would post earnings of USD 1.55 per share when it produced earnings of USD 2.09, delivering a surprise of 34.84%. Read More>>
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Latest Industry Insights from Draup Braindesk

Expanding Epitaxy Product Offerings
  1. ASM International is keen on the Intrepid ESA epitaxy tool. It has innovative technologies and features that provide unmatched in-film performance and reactor availability.  
  2. ASM International purchased an epitaxial reactors-based producer to seize advantage of the prospects in the rapidly expanding silicon carbide epitaxy sector.
Semiconductors Manufacturing
  1. ASM International focuses on improving semiconductor production by developing facilities and operational hubs to fulfill client demand and assist them in moving to next-generation technology nodes. 
  2. The new facility’s architecture provides a more efficient manufacturing flow and a better level of flexibility, which has been especially advantageous in dealing with the recent industry supply chain restrictions issues.

Funding Alert

Ultraviolette raises USD 24 Mn led by Qualcomm Ventures, Lingotto
The investments will be deployed towards ramping up the company’s presence in India, subsequent expansion in international markets as well as strengthening the brand’s technological capabilities and prowess. Read more>>

Startup Spotlight

Company – Nornir
Total Funding  USD 33.97 Mn
About: Nornir is a smart city operator company from Steinkjer, Norway, that provides open end-to-end software infrastructure and wireless coverage for smart cities. The company’s mission is to empower all software application developers by dramatically saving their time and costs. Read more>>

Latest Reports Published in Draup

Microchip Technology Account Intelligence Report
Microchip Technology intends to offer cost-effective embedded control solutions that are high-performing, low-power, wide-voltage, and easy to create. Read More>>
Here’s what’s new on our Sales Intelligence Platform
Shortlist leads directly from Chrome using our extension
Launching Draup’s Chrome Extension to give more power to your sales efforts. Now, you can quickly add leads on LinkedIn to Draup’s lists.
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