New Delhi, July 27 (IANS) Chipmaker Intel reported stronger-than-expected second-quarter results, with revenue rising 25 per cent year-on-year, driven by robust demand for artificial intelligence (AI)-powered computing, data centre processors and foundry services, a report has said.As per analysis of the Vietnam Times, the company posted revenue of $16.1 billion for the quarter ended June, up from $12.9 billion a year earlier and ahead of its own guidance as well as analysts’ expectations of aro…
Latest Semiconductor Industry News & Updates
New Delhi, July 17 (IANS) India’s semiconductor push is expected to create 1.5 lakh-2 lakh direct and indirect jobs over the next five years while transforming the country’s electronics industry from an assembly-led manufacturing base into a global hub for chip design, engineering and innovation, industry said on Friday.According to analysis of NLB Services, the next phase of the semiconductor mission will go beyond manufacturing and focus on building an integrated ecosystem spanning chip design…
Gandhinagar, July 9 (IANS) Deputy Chief Minister Harsh Sanghavi on Thursday drew parallels between India’s unsuccessful attempts to establish a semiconductor industry in previous decades and Gujarat’s latest push to build a data centre ecosystem, saying the state intends to avoid repeating past mistakes through the newly launched ‘Viksit Gujarat – Data Centre Policy 2026-29’.Speaking after Chief Minister Bhupendra Patel launched the policy in Gandhinagar, Sanghavi said India had witnessed earlie…
Sanand/New Delhi, July 5 (IANS) Prime Minister Narendra Modi on Sunday highlighted the role of young workers, particularly women from remote and tribal regions, in India’s growing semiconductor industry, a day after inaugurating the CG Semi Outsourced Semiconductor Assembly and Test (OSAT) facility at Sanand in Gujarat.In a post on social media platform X, PM Modi described his interaction with employees at the newly inaugurated facility as “one of the most special moments” of the visit.He said …
Gandhinagar, July 3 (IANS) Gujarat is set to establish a dedicated semiconductor research and training centre at IIT Gandhinagar as part of efforts to build a skilled workforce for India’s growing semiconductor industry.The Silicon and Advanced Semiconductor Manufacturing Research and Training Hub (SAMARTH), backed by a Rs 190 crore investment from the Union Ministry of Electronics and Information Technology, the Gujarat government’s Department of Science and Technology and IIT Gandhinagar, is e…
Washington, July 2 (IANS) A bipartisan congressional panel this week examined a series of legislative proposals aimed at strengthening American leadership in artificial intelligence, robotics, semiconductors and other critical technologies, as lawmakers from both parties warned that the United States faces growing competition from China. At a hearing of the House Energy and Commerce Subcommittee, Republican lawmakers stressed the need for faster deployment of emerging technologies, stronger dome…
Seoul, June 30 (IANS) South Korea’s industrial output fell in May from a month earlier due mainly to a decline in chip production caused by a base effect and volume adjustments, data showed on Tuesday, while retail sales rebounded slightly over the period.Industrial production fell 0.3 percent last month from April, according to data from the Ministry of Data and Statistics, extending on-month losses for two consecutive months, reports Yonhap news agency.Output in the mining and manufacturing se…
New Delhi, June 25 (IANS) Apple’s decision to raise prices for select MacBook and iPad models marks a broader shift in the consumer electronics industry, with surging memory costs and AI-driven demand for semiconductors forcing manufacturers to reconsider pricing strategies, analysts said on Thursday.The price hikes come after Apple indicated that it could no longer fully absorb rising component costs, particularly for memory and storage chips that have witnessed sharp increases amid strong de…
New Delhi, June 25 (IANS) US-based technology giant IBM on Thursday unveiled what it described as the world’s first sub-1 nanometre (nm) chip technology, a major breakthrough for the semiconductor industry as it approaches the physical limits of conventional chip scaling.The new chip is built on a 0.7 nm, or 7-angstrom, process node and features a novel three-dimensional transistor architecture called nanostack, according to the company.The chip enables continued improvements in performance and …
New Delhi/Guwahati, June 22 (IANS) Assam Chief Minister Himanta Biswa Sarma on Monday said the state has been registering sustained economic growth of 12-13 per cent over the last seven to eight years, significantly higher than the national average, and is poised to emerge as a major semiconductor manufacturing hub in the country.Speaking at the Republic TV Summit in the national capital, Sarma said Assam’s rapid economic expansion has been driven by sustained investments, infrastructure develop…