US to provide up to $389 million in CHIPS awards to 4 firms
Under the final awards, each company will conduct R&D to address critical projects spanning power semiconductor devices, modules and materials essential to the semiconductor supply chain.
Infinity Power, Hassan sign PPA for 1 GW wind project in Egypt
The project will be developed across approximately 143 km² in Ras Shokeir, within the Gulf of Suez region, adding 1 GW of renewable generation capacity to the national grid.
FORT Robotics secures $20 million in additional funding
The additional investment is expected to help the US company further accelerate its growth by expanding its team and operating capacity to meet growing customer demand and pursue opportunities across the rapidly developing physical AI market.
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Meet the Evertiq team at Evertiq Expo Warsaw 2026! !️
So far, we have introduced you to the companies that you will meet at Evertiq Expo in Warsaw. Today it's time to introduce our team as well! 😊
India signs $430M contracts for communication satellite, torpedoes
The USD 270 million contract for GSAT-7C satellite was inked between the Ministry of Defence and New Space India, Bengaluru. The USD 160 million contract for Varunastra, a ship-launched anti-submarine torpedo, was signed with Hyderabad-based Bharat Dynamics.
AI chip startup Tenstorrent raises $1.5 billion in Series E
Tenstorrent will use the capital to deploy Galaxy servers at scale, continuing to serve open-weight models across LLMs and video generation, and advance the AI and CPU IP it licenses to customers designing their own silicon.
Photon Bridge raises €10M to tackle AI’s emerging laser bottleneck
The Dutch startup’s approach is designed around manufacturing yield, which is a consideration that becomes increasingly important as laser production moves from traditional telecom volumes towards the scale required by AI infrastructure.
Evertiq Expo Warsaw: Top 10 chip companies took two-thirds of a record market
The ten largest semiconductor suppliers grew their revenue by more than 30% in 2025, almost three times as fast as the rest of the industry. According to Omdia data presented at Evertiq Expo Warsaw on October 22, they now account for nearly 68% of a market worth USD 831 billion.
Websites taken offline worldwide as operators rush to patch PHP flaws
Banks, airlines, railways and government agencies from Japan to Finland have temporarily shut down online services while they patch two critical vulnerabilities in PHP, one of the most widely used programming languages on the web. At the same time, attempts to exploit the flaws have surged into the millions.
Semtech secures dedicated SiGe capacity at Tower
Semtech will invest in dedicated silicon germanium (SiGe) capacity at Tower Semiconductor under an expanded multi-year agreement. The capacity spans Tower’s fabs in the US, Israel and Japan and will support Semtech’s growing business in optical and copper interconnect components for AI data centres.
TP-Link plans US router assembly with Key Tronic
TP-Link Systems has signed a letter of intent with US contract manufacturer Key Tronic to assemble its network routers in Corinth, Mississippi. The first products off the line are expected to be TP-Link’s Wi-Fi 8 home networking range, with assembly starting as early as next year, pending US regulatory approval.
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Evertiq is looking for a Sales Specialist in Poland
We are looking for a Sales Specialist who enjoys talking to people, building relationships and opening new doors. You don't need years of experience in B2B sales – what matters to us is that you are proactive, comfortable reaching out to new people and don't give up easily. You will work with companies across the electronics industry, helping them promote their business through advertising on Evertiq and participation in our industry events, while gradually building your own customer portfolio. We are looking for someone who wants to grow with us, learn the industry and actively contribute to Evertiq's development.
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