Tag: semiconductor
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Wolfspeed delays $3 bn semiconductor plant in Germany Amid EU chip production challenges
Wolfspeed has revealed there will be a significant delay in its plans to build a $3 billion semiconductor plant in Saarland, Germany, Reuters news...
Onsemi to slash 1,000 jobs as part of cost-cutting measures
Onsemi, a leading semiconductor manufacturer, said it will cut job to approximately 1,000 employees. This decision comes as the company aims to streamline operations...
Global Semiconductor Sales Surge to $46.4 bn in 2024 April
The Semiconductor Industry Association (SIA) announced that global semiconductor sales reached $46.4 billion in April 2024, marking a 15.8 percent increase from $40.1 billion...
Semiconductor market to achieve 16% growth in 2024 to $611 bn: WSTS
The global semiconductor market is expected to achieve 16 percent growth in 2024 to reach $611 billion compared to the previous year, the World...
AI semiconductor revenue to surge 33% to $71 bn: Gartner
Revenue from AI semiconductors is expected to increase 33 percent to $71 billion in 2024, according to forecast from Gartner.
Generative AI (GenAI) is fuelling demand for AI...
