market insights
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AMD Positions India as a Key Hub for Semiconductor Investment AMD is investing $400 million in India by 2028, with Bengaluru hosting its largest R&D center outside the US, employing 8000+ people, making up 25% of AMD's global workforce. AMD, a global leader in semiconductor technology, has confirmed its commitment to India, positioning the country as a key development hub for the company’s… |
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IESA EV Fast Charging Summit: Need $30Billion Investment in EV Infrastructure India’s EV sector requires an investment of $20-30 billion to boost charging infrastructure. The PM E-DRIVE Scheme, with a ₹10900 crore allocation, aims to support over 28 lakh electric vehicles and 88500 charging sites. India’s electric vehicle (EV) sector requires an investment of $20-30 billion to expand its charging… |
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Karnataka to Boost Semiconductor Industry with Strong Support and Incentives Karnataka’s Industries Minister, MB Patil, has called on the Central Government to adopt a more inclusive approach to industrial development, particularly emphasizing the state's readiness to lead in semiconductor manufacturing. Patil highlighted that Karnataka’s strong infrastructure, skilled workforce and advanced research capabilities position it as the ideal… |
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Tata’s New Semiconductor Unit in Assam to Produce 48 Million Chips Daily The Morigaon semiconductor plant by TSAT, with a Rs. 27000 crore investment, will produce 48 million chips daily, creates around 28000 job opportunities and enhance India’s global semiconductor competitiveness. India’s vision of becoming a global leader in semiconductor manufacturing is gaining momentum with the establishment of a… |
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US Directs TSMC to Suspend Advanced Chip Exports to China The United States directs Taiwan Semiconductor Manufacturing Company (TSMC) to stop supplying its advanced 7-nanometer and smaller chips to Chinese customers starting November 11. This directive, communicated by the US Department of Commerce through a direct “is informed” letter, is focused on reducing China’s access to chips vital for artificial intelligence (AI)… |
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Andhra Pradesh Approves Policies for Drone and Semiconductor Development The Andhra Pradesh Drone Policy aims to attract ₹1000 crore in investments, generate ₹3,000 crore in revenue and establish 100 companies. It targets training 25000 pilots, creating 40000 jobs, with ₹500 crore allocated for implementation. The Andhra Pradesh cabinet has approved policies to drive growth in the state’s drone and… |
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UP Cabinet Approves Semiconductor Projects by HCL and Hiranandani Group Near Jewar The semiconductor projects by HCL’s Vamasundari and Tarq Semiconductor will bring a combined investment of over ₹32,000 crore to Jewar, aiming to strengthen India’s semiconductor manufacturing industry. The Uttar Pradesh Cabinet has approved the establishment of two semiconductor manufacturing units by Vamasundari Investment (HCL Group) and Tarq Semiconductor (Hiranandani Group) near… |
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Semiconductor Manufacturing Companies in India: Current State and Future Forecasts Overview of India's Semiconductor Industry: India is on a transformative path to become a important player in the global semiconductor market. As the world’s fifth-largest economy, India is pushing towards self-reliance in manufacturing, especially in the semiconductor sector. With an ambitious vision set by Prime Minister Narendra Modi, the country aims to grow its… |
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Hero Electronix Looks to Sell 30% Stake in Semiconductor Design and Engineering Company Tessolve Hero Electronix is reportedly planning to sell a 25-30% stake in Tessolve, aiming to raise $120-150 million. This potential deal values Tessolve at $400-450 million, with last year's revenue surpassing Rs 1,000 crore and an impressive 20% compound annual growth rate. Hero Electronix, led by Suman Kant Munjal, is reportedly considering the sale of a 25-30% stake in its semiconductor… |
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Nvidia Joins Dow Jones Industrial Average, Replacing Intel Nvidia’s shares have surged over 170% in 2024, following a 240% jump last year, while Intel’s stock has declined by more than 50%, highlighting the evolving dynamics within the semiconductor industry. Nvidia is set to replace Intel in the Dow Jones Industrial Average on November 8, marking a key shift in the semiconductor sector. This announcement, made by S&P Dow Jones, highlights… |
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OpenAI Collaborates with Broadcom on Custom AI Chip Development OpenAI's collaboration with Broadcom and TSMC signifies a shift towards custom AI chips, with Broadcom shares closing up 4.2% to $179.24 in New York trading on Tuesday. In a significant step towards reducing reliance on external suppliers, OpenAI has partnered with Broadcom to develop its first custom in-house AI chip. This… |
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Global Semiconductor Market to Grow 14% in 2025, Gartner Report Indicates Gartner’s report reveals that high-bandwidth memory (HBM) is gaining importance in AI technology, with revenues projected to reach $12.3 billion in 2024 and $21 billion in 2025. By 2026, over 40% of HBM chips are expected to support AI tasks, highlighting its growing role in advanced AI applications. The global semiconductor market is on track for significant growth, with Gartner’s… |
