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Intel may split chip design and manufacturing businesses due to loss
The company reported a net loss of $1.61 billion in the second quarter of 2024, leading to a 26% drop in its stock price—the worst single-day performance in over 50 years.Read more
Centre unveils $15 billion blueprint to establish India as a major chip hub
As part of the new blueprint, the government plans to reduce the capital expenditure subsidy for assembly and testing plants (ATMP/OSAT) from the current 50% to 30% for conventional packaging technologies, and to 40% for advanced packaging technologies. Read more
Ola to launch India’s first AI chip by 2026
Ola’s AI subsidiary, Krutrim, is spearheading the development of this AI chip, which, if successful, will position Ola as a competitor to industry giants like Nvidia, AMD, and Intel. Global tech leaders such as Meta, Google, Apple, and Amazon are also in the race to develop proprietary AI chips.Read more
Rs 270 billion Tata Electronics chip plant to be active from 2025
The plant will produce 48.3 million chips per day using indigenously developed technologies.Read more
AMD partners with IIT-B incubated SINE to develop energy-efficient SNN chips
Under the collaboration, Numelo Technologies was given the first grant for developing SNN chips using ultralow power quantum tunnelling on silicon on insulator (SOI) technology.Read more
Lip-Bu Tan to be advisor for Yali Capital; India’s first deep-tech venture fund
The next step for India should be to design and build its own products and create its own homegrown semiconductor brand.Read more
Chip design firm SiliConch bought by L&T Semiconductor for Rs 1.33 billion
The terms of the deal involve a deferred payment of Rs 500 million over four years.Read more
Indian Army unveils first chip-based, made-in-India 4G base station by Signaltron
The majority of the base stations deployed in India are not made in India.Read more
China accounts for 50% of Japan's semiconductor exports
The value of these exports to China jumped 82% in the March quarter to ¥521.2 billion, the highest figure in data going back to 2007.Read more
United Grinding unveils automation solution at GrindingHub
At GrindingHub 2024, the United Grinding Group unveiled a mobile transport robot that effortlessly maneuvered between the Helitronic Vision 400 L high-end tool grinding machine and the fully automatic Helicheck Plus measuring machine.Read more