Arm’s Full-Year Revenue Falls Ahead of IPO
SoftBank Group Corp's Arm Ltd is expected to report a 1% fall in revenue for the year ended March 2023, ahead of the semiconductor's initial public offering (IPO) filing on Monday, a source familiar with the matter revealed. The company's revenue fell to $2.68...
Chipmaker ASM International Sees New Orders Almost Halved
Dutch semiconductor equipment manufacturer ASM International revealed on Tuesday that its new orders have almost halved over the second quarter due to a decline in demand as well as delays at its production facility.
New orders slumped from 942.7 million euros during the second quarter...
Applied Materials to Invest $4 Billion in Silicon Valley Chip Research Center
U.S. semiconductor toolmaker Applied Materials Inc announced on Monday that it plans to spend $4 billion on the construction of a research center in Silicon Valley that will be used to accelerate semiconductor manufacturing activities.
The world's biggest maker of tools used for chip manufacturing,...
Arm Ltd to Build Its Own Semiconductor
British chipmaker Arm Ltd is set to build its own semiconductor to showcase the capabilities of its products, the Financial Times reported on Sunday. This comes after the software design company announced its Initial Public Offering (IPO) which will be launched later this year.
Currently...
Micron Announces Plans to Spend $100 Billion on a Semiconductor Factory in New York
Micron Technology, one of the world’s largest chipmakers, recently announced a plan to invest $100 billion in building a semiconductor facility in New York. According to the company, the project will be completed in the next two decades. The first phase will include a...