News
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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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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… |
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Roadmap on Innovation and Technology: India-Germany Semiconductor Partnership The leaders discussed expanding the skilled migration initiatives for Indian professionals, with Germany recognizing India as a key source for skilled labor. Both nations committed to simplifying migration processes, aiming to fulfill Germany's need for skilled talent and further strengthening India-Germany partnership.
7th India-Germany Inter-Governmental Consultations (… |
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Modi-Xi Meeting Marks Positive Turn for Chinese EV Makers in India India’s EV industry has substantial growth potential, with EVs currently comprising just 2% of passenger vehicles sold. Market forecasts predict a rise to 15-20% by 2030. However, S&P Global Mobility recently adjusted its forecast for EV penetration to 19% from the earlier 22% due to slower-than-expected adoption. … |
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NVIDIA Collaborates with India to Boost Global AI Positioning According to a recent study by Boston Consulting Group, India is home to 19% of the world's chip designers. With NVIDIA’s partnerships, significant growth opportunities in AI and data centers are emerging. NVIDIA's AI Summit in Mumbai from October 23-25 at the Jio World Convention Centre, promises to be an… |
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Space Radiation’s Impact on Semiconductors: Insights from an Expert Understanding the long-term effects of Total Ionizing Dose (TID) on semiconductor reliability is crucial for developing future electronics capable of operating in extreme environments, enhancing overall mission success in space exploration.
NASA's $5.2 billion Europa Clipper mission launched on October 14, 2023 is designed to explore… |
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Building Chips in America Act: U.S. Accelerates National Semiconductor Manufacturing On October 2, 2024, President Joe Biden signed the Building Chips in America Act, which allows certain semiconductor projects to bypass lengthy environmental reviews by NEPA. This aims to boost U.S. semiconductor production, address critical delays and reduce reliance on foreign suppliers, while sparking concerns about environmental protections and public health.… |
