AI chip startup Tenstorrent raises $1.5 billion in Series E October 23, 2026 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.
Nippon Sanso partners with MIMIT on electronics, chip investments October 23, 2026 A key focus of the collaboration between Nippon Sanso and the Italian Ministry of Enterprises and Made in Italy (MIMIT) is the development of new production capabilities in Italy for high-technology sectors, including semiconductor and electronics value chains.
Evertiq Expo Warsaw: Top 10 chip companies took two-thirds of a record market October 22, 2026 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 October 22, 2026 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.
SCHMID wins €25 million-plus order for HDI expansion in Malaysia October 22, 2026 German equipment maker SCHMID Group has agreed an equipment order worth more than EUR 25 million with one of its key customers, which is expanding its high-density interconnect (HDI) manufacturing capacity in Malaysia.
Doosan Enerbility partners with LIG D&A to advance PGM development October 21, 2026 The two companies will cooperate on securing local manufacturing capabilities for next-gen precision-guided munitions (PGM) engines, acquiring technological sovereignty for South Korea’s defense industry and enhancing global competitiveness in this field.
TTM continues acquisition streak with $650 million deal for Ophir Optics October 21, 2026 TTM Technologies has agreed to acquire the Ophir Optics business from MKS for around USD 650 million in cash. Ophir Optics makes infrared thermal imaging and laser optics, and the deal adds optical components to TTM’s defence and industrial offering.
Arkema expands Shanghai R&D centre and builds electronics lab in Guangzhou October 20, 2026 Arkema has opened an expansion of its R&D centre in Shanghai, adding around 20% more laboratory space. The French materials group is also building a new laboratory in Guangzhou focused on electronics and battery customers.
TechPoint acquires Southampton-based EMS provider Esprit Electronics October 20, 2026 UK electronics manufacturer TechPoint has acquired Esprit Electronics, an EMS provider based in Southampton. All 92 Esprit employees join the TechPoint Group, and the company will keep operating from its current facilities.
MHI partners with Ingeteam to advance power solutions for data centers October 19, 2026 The alliance combines MHI’s expertise in integrated power, cooling and energy management with Ingeteam’s expertise in rotating electrical machines, power electronics, control and automation and digital technologies.
Qilimanjaro announces €20 million first close of its Series A October 16, 2026 The fresh funding will enable the Spanish company to scale and industrialize its quantum computers, advance the development of new generations of chips, and increase its manufacturing and deployment capacity.
Inission enters Germany with acquisition of Bavaria Digital Technik October 15, 2026 Swedish EMS provider Inission is acquiring Pfronten-based EMS provider Bavaria Digital Technik (BDT) for EUR 5.3 million. The deal marks Inission’s first operation in Germany.
Bosch sets up €100 million fund for German deep-tech startups October 14, 2026 Bosch is launching a new venture fund, Spark, which will invest EUR 100 million in German startups. The focus is on deep tech in seed and early stages.
Hyundai Motor Group plans $15.5 billion investment in India October 14, 2026 The seven-year investment spans manufacturing expansion, R&D infrastructure development, local supplier cultivation for parts localization and future technology innovation.
Edge, Hanwha strengthen cooperation on integrated air defence October 14, 2026 The two companies signed a Term Sheet outlining the direction of cooperation related to the UAE’s integrated air defence requirements, including the South Korean L-SAM system, additional M-SAM capabilities, and the Chunmoo MRLS.
Jabil and Adani plan 50:50 joint venture for AI hardware in India October 13, 2026 Jabil and Adani Enterprises have signed a non-binding memorandum of understanding to form a joint venture that would manufacture AI racks, servers and data centre equipment in India. The companies are aiming for a manufacturing capacity of several gigawatts.
Varta’s consumer battery business spun off from insolvent parent October 13, 2026 Varta Consumer Batteries will once again operate as an independent company after Germany’s Federal Ministry for Economic Affairs approved its spin-off from the insolvent Varta AG group. The lenders take over the business, and all 990 jobs will be kept.
Applied Materials opens $5 billion EPIC Center in Silicon Valley October 13, 2026 Applied Materials has unveiled its EPIC Center in Sunnyvale, California, where chipmakers, equipment suppliers and universities will develop new semiconductor processes alongside the company’s own engineers. TSMC, Intel, Samsung, SK hynix and Micron are among the founding partners.
Kongsberg to build counter-drone factory in Poland October 13, 2026 Kongsberg will build a factory in Poland to manufacture and maintain systems against unmanned aerial vehicles. The PLN 200 million investment is expected to create more than 100 jobs, with serial production set to start in the first half of 2028.
TTM to invest $400 million in AI PCB capacity in China and Malaysia October 13, 2026 TTM Technologies is putting another USD 400 million into expanding production of advanced PCBs for AI data centres. Rather than building new plants, the company will expand four existing facilities in China and its plant in Penang.
COGD: Obsolescence risks have never been greater October 12, 2026 Obsolescence risks in electronics supply chains have never been as numerous as they are today, according to Axel Wagner, Chairman of the German industry association COGD. He points to shifting semiconductor strategies, geopolitics and trade restrictions, and calls on companies to manage obsolescence across the whole company rather than within purchasing alone.
Kapta Space raises $24 million Series A, secures MTI contracts October 12, 2026 Kapta’s modular MESA architecture rethinks how electronically steerable radar payloads are built. This software-defined architecture is designed to deliver advanced radar performance with lower cost, power requirements and manufacturing complexity.
Universal Quantum raises over $100M to scale quantum computing October 12, 2026 The new capital is expected to drive the continued development and commercialisation of the UK-based company’s modular approach to building the quantum computers needed for practical, error-corrected use.
TTM closes $1.1 billion acquisition of Epiq Solutions October 09, 2026 Six weeks after the deal was announced, TTM Technologies has completed its acquisition of the software-defined radio maker. TTM now says explicitly that the purchase will dilute its earnings per share next year.
LMT, Novaspace partner to develop strategy for satcom hub in Latvia October 09, 2026 Signing the agreement marks a step toward creating a hub for developing an internationally competitive telecommunications sector and advancing the emergence of a wider Latvian space innovation ecosystem.
Robbyant, AFDE sign MoU to advance embodied AI adoption October 09, 2026 Robbyant, an embodied AI company within China-based Ant Group, is partnering with the Arab Federation for Digital Economy (AFDE) to advance the deployment, localization and commercialization of embodied AI and robotic solutions in the Middle East .
Infineon completes acquisition of C2i Semiconductors October 06, 2026 Infineon Technologies has completed its acquisition of C2i Semiconductors, a Bengaluru-based company specialising in software-defined multiphase controllers and smart power stages for AI data centres. The C2i team now becomes part of Infineon's Power Systems division.
X-FAB breaks ground on Chips Act-funded cleanroom in Erfurt October 06, 2026 X-FAB has started construction of a new cleanroom at its site in Erfurt, Germany, to expand production of microsystems and photonics. The Fab4Micro project receives EUR 127.4 million in funding from the German federal government and the state of Thuringia under the EU Chips Act.
LG Electronics expands chiller production for AI data centers October 05, 2026 The company plans to invest a total of USD 110 million in a new air-cooled chiller production facility in the US and in expanding two air-cooled chiller production lines in South Korea.
EDGE, Safran sign MoU to advance defence cooperation in Brazil October 05, 2026 A key initiative under the agreement will be to establish solid rocket motor development and production capabilities at Brazilian EDGE Group entity SIATT’s facilities in Brazil.
SiMa.ai raises $150 million in Series C to scale Physical AI October 05, 2026 The new funding brings the total capital raised by the US startup to USD 500 million, valuing it at USD 1.45 billion. The fresh capital will accelerate the scaling of Palette Neat, an agentic software environment for Physical AI.
Air Liquide invests over €170M to support chip manufacturer in Japan October 02, 2026 Air Liquide will build, own and operate several production units to deliver large volumes of ultra-pure nitrogen, oxygen, argon and hydrogen, including significant backup storage capacity.