Intel appoints former board member Lip-Bu Tan as CEO
March 13, 2025
Tan, a chip industry veteran, replaces interim co-CEOs David Zinsner and MJ Holthaus, who took temporary charge in December when Patrick Gelsinger was ousted as Intel CEO.
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Apple to invest over $500B in US manufacturing, AI, and silicon engineering
February 25, 2025
Apple is making its biggest US investment ever – committing over USD 500 billion over the next four years to expand domestic manufacturing, AI, and silicon engineering. The tech giant will build a new manufacturing facility in Texas, double its US Advanced Manufacturing Fund to USD 10 billion, and ramp up R&D across multiple states.
Top 10 largest semiconductors suppliers in 2024
February 06, 2025
It has become a tradition that on the occasion of each Evertiq Expo we publish a Top List dedicated to a different branch of the electronics industry. On February 6, the second edition of our expo was held in Sophia Antipolis, which is recognized as the capital of France's Silicon Valley. So this time we publish the Top 10 global semiconductor suppliers - we based the list on the latest data published by Gartner analysts.
AI chips to drive semiconductor industry in 2025: VanEck
February 03, 2025
Exchange-traded fund provider VanEck believes 2025 is set to be another “transformative year” for the semiconductor industry.
Five companies control 50% of the automotive semiconductor market
January 22, 2025
The automotive industry’s impact on the global economy cannot be ignored. And currently, the automotive industry is going through a dramatic transformation – driven by electrification, autonomous driving and new mobility models.
Arm names Eric Hayes as EVP of operations
January 17, 2025
Arm Holdings has appointed Eric Hayes as executive vice president of Operations with immediate effect. He will lead the coordination of end-to-end execution of operational activities across multiple products and solutions and report to Arm CEO Rene Haas.
Rapidus targeting 2nm chip production for Broadcom
January 13, 2025
Fresh reports say Japanese foundry Rapidus will begin trial production of 2nm chips in April 2025, and has Broadcom lined up as its first major customer.
Hanmi Semiconductor breaks ground on seventh plant
January 08, 2025
On January 6, 2025, Hanmi Semiconductor broke ground on its seventh plant, which will focus on High Bandwidth Memory (HBM) TC Bonder.
Global semiconductor market to grow by 15% in 2025
December 12, 2024
Market intelligence firm IDC says that AI and High-Performance Computing (HPC) will drive growth in advanced chips, 2nm technology, and packaging, reshaping the semiconductor industry in 2025.
Semiconductor growth slows down in 2025
November 26, 2024
The semiconductor market reached USD 166 billion in 3Q24, a 10.7% growth from 2Q24, according to the World Semiconductor Trade Statistics (WSTS). This marks the strongest QoQ growth since 3Q16 when growth hit 11.6%. On a YoY basis, the market grew by 23.2% in 3Q24, the highest since 4Q21's 28.3%.
Qualcomm approaches Intel about a possible takeover
September 23, 2024
Qualcomm generates less revenue than Intel. It reported USD 35.8 billion in sales in fiscal 2023, compared with Intel’s USD 54.2 billion for the same period.
Lattice Semiconductor appoints Ford Tamer as CEO
September 17, 2024
Following a thorough search, Lattice Semiconductor Corporation has named Dr. Ford Tamer Chief Executive Officer and member of the company's Board of Directors, effective immediately.
Broadcom earnings beat expectations but Q4 forecast falls short
September 06, 2024
CEO Hock Tan said in a statement that Broadcom expects to record USD 12 billion in sales from AI parts and custom chips in fiscal 2024, higher than a previous forecast of USD 11 billion.
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ByteDance and Broadcom mulling collaboration on AI processor
June 24, 2024
ByteDance, the Chinese parent company of TikTok is rumoured to be in discussions with Broadcom about co-developing a 5-nanometer purpose-built chip to power AI applications.
Analyst: US chip industry could be worth $5.5trn
June 07, 2024
The combined market value of the US's top semiconductor firms has surpassed USD 5.5 trillion – making the market the world's third biggest 'economy'.
Top 10 IC design houses’ combined revenue grows 12% in 2023
May 15, 2024
In 2023, the combined revenue of the world’s top ten IC design houses reached approximately USD 167.6 billion, marking a 12% annual increase, reports TrendForce.
Samsung slipped to third place in global top 20
April 18, 2024
According to Omdia's latest report the semiconductor industry experienced a downturn in the market, with 2023 revenues slipping 9% to USD 544 billion compared to 2022. This decline however follows two years of record growth – which only serves to illustrate the cyclical nature of the industry.
Toppan to build package substrate plant in Singapore
March 15, 2024
Japan's Toppan Holdings is preparing to start construction of a new facility in Singapore with the completion date set for the end of 2026.
Worldwide semiconductor revenue dropped 11% in 2023
January 16, 2024
Research firm Gartner says that worldwide semiconductor revenue in 2023 totalled USD 533 billion in 2023, which spells a decrease of 11.1% from 2022.
Top 10 IC design houses to see 17.8% increase in quarterly revenue in 3Q23
January 04, 2024
TrendForce reports that 3Q23 has been a historic quarter for the world’s leading IC design houses as total revenue soared 17.8% to reach a record-breaking USD 44.7 billion.
Valens Semiconductor names new CFO
December 13, 2023
Valens Semiconductor, a provider of connectivity solutions for the audio-video and automotive markets, has appointed Guy Nathanzon as the Company's new Chief Financial Officer effective March 10, 2024.
Broadcom lays off 1,267 California VMware employees
December 05, 2023
As Broadcom closed its acquisition of VMware, CEO Hock Tan pointed to the company’s long track record of investing in the businesses it acquires, and that this would continue with VMware. However, Broadcom is now planning to lay off over 1,000 VMware employees in California.
What happened to Broadcom's track record?
November 29, 2023
Following the completion of the company's acquisition of VMware, Broadcom CEO Hock Tan said that the company has a long track record of investing in the businesses it acquires, and that this would continue with VMware. Come one week later, Broadcom is reportedly laying off staff.
Broadcom completes its acquisition of VMware
November 22, 2023
Broadcom says that it has completed its acquisition of VMware, which means that VMware's common stock will now cease to be traded on the New York Stock Exchange.
Broadcom and VMware Intend to close deal today
November 22, 2023
Broadcom and VMware have now received all required regulatory approvals and intend to close Broadcom’s USD 69 billion acquisition of VMware today.
Broadcom expects to close VMware deal before deadline
October 30, 2023
US chipmaker Broadcom says in an update that it expects to close its USD 69 billion acquisition of VMware before the expiration of the companies merger agreement in November.
Q2 revenue for top 10 IC design houses surge 12.5%
September 21, 2023
Fueled by an AI-driven inventory stocking frenzy across the supply chain, TrendForce reveals that Q2 revenue for the top 10 global IC design powerhouses soared to USD 38.1 billion, marking a 12.5% quarterly increase.
Chip industry sees revenue increase after long decline
September 13, 2023
The semiconductor industry has reversed course and saw an increase in sales in 2Q23 after experiencing revenue decline for five consecutive quarters, reports Omdia.
Valens Semiconductor announces CFO transition
August 23, 2023
After more than eight years of serving as Valens Semiconductor's CFO, Dror Heldenberg will be stepping down to pursue other opportunities, effective September 1, 2023.
Broadcom receives final UK approval for VMware deal
August 21, 2023
Broadcom affirms its expectation to close its acquisition of VMware, on October 30, 2023, and provided an update on its progress with various regulatory agencies.
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