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Supply chain improvements, AI demand propel Cisco earnings
Cisco was eager to talk up an eased supply chain situation and strong demand for hyperscale AI technology in its fourth quarter earnings call this week.
Intel’s Tower Semiconductor acquisition fails, as China withholds OK
Intel's planned $5.4 billion acquisition of Israel-based Tower falls apart, as China fails to approve the deal before the companies' agreement deadline.
TSMC, NXP, Infineon and Bosch team up for German chip foundry
The pact to set up a manufacturing plant in Dresden and form a new company is part of a general move by global chip makers to build plants in the West and shore up supply chains.
Chip makers team up to take on Arm with RISC-V
Five Arm-dependent semiconductor manufacturers including Qualcomm, NXP, and Infineon are launching a RISC-V joint venture.
Gen-AI HPC infrastructure provider CoreWeave scores $2.3 billion financing deal
CoreWeave, a specialized, AI-focused cloud provider offering high performance compute services, has landed a whopping $2.3 billion in debt financing from several private equity firms.
UK competition agency provisionally OKs Broadcom’s $6B VMware acquisition
Eight months after launching an investigation into whether the deal would reduce competition in the UK, the CMA has provisionally cleared the acquisition.
EU OKs Broadcom acquisition of VMware, with strings attached
Broadcom’s bid to buy up VMware clears a key regulatory hurdle with the conditional approval of EU authorities.
UK regulator refers cloud infrastructure market for investigation
Three months after the UK regulator announced its concerns around the market dominance of AWS and Microsoft, it's asking for an investigation to take place in order to improve the market for customers.
Annual public cloud revenue reaches half a trillion dollars
Worldwide spending on public cloud services reached $545.8 billion in 2022, new data from IDC says.
China seeks to improve reliability of its chip manufacturing sector
A new report from China’s Ministry for Industry and Information Technology states that the country’s manufacturing abilities are less advanced than other countries and improvement is needed across three core industries.
EU and Japan announce Digital Partnership to strengthen chip supply chain
The EU and Japan have formed a new partnership to improve cooperation on digital issues, after recently pledging billions of dollars in investments to shore up their domestic chip industries.
US weighs further restrictions on chip exports to China
The Biden administration is reportedly considering placing new restrictions on the export of AI chips to China, in a move that could specifically target products previously compliant with the rules.
Japan bolsters its chip industry with buyout of equipment maker JSR
In its latest bid to support home-grown chip manufacturing, the Japanese government has sought to consolidate the country’s grip over some chemicals that are vital to the chip making process.
EU countries reject plan for big tech companies to fund 5G rollout
A proposal to have big tech companies that account for heavy internet traffic finance 5G and broadband expansion in Europe is facing criticism from ministers.
India reboots plan to attract chip makers to build fabs in country
After several initial deals stalled, the Indian government is re-inviting applications for building semiconductor facilities in the country as the US-China chip trade war transforms the sector.
After China's Micron ban, US lawmakers urge sanctions on chips from CXMT
After the Chinese government said it was banning the use of some Micron chips due to security risks, US lawmakers lobby for a ban on one of its biggest Chinese competitors.
Qualcomm buys Autotalks to boost SnapDragon Digital Chassis automotive product line
Qualcomm's acquisition of Israel-based Autotalks, estimated to be valued at $350 million to $400 million, is meant to bolster the Snapdragon Digital Chassis product line for vehicle-to-everything (V2X) communications.
