News Archive
French quantum leader Pasqal expands to U.S. with $65M investment in Illinois
French quantum leader Pascal is expanding its global footprint with a $65 million investment to establish its U.S. headquarters in Illinois, marking a major milestone for the state’s fast-growing quantum technology ecosystem. The French quantum computing company Pasqal will open at the...
ASML names Marco Pieters as new Chief Technology Officer
ASML Holding NV has appointed Marco Pieters as its new Executive Vice President and Chief Technology Officer (CTO), taking the helm of the company’s semiconductor innovation strategy. With more than 25 years at ASML, Pieters will report to President and CEO Christophe...
300mm Fab Equipment Spending to Reach $374B by 2028
Global 300mm fab equipment spending is projected to hit $374 billion between 2026 and 2028, according to SEMI’s latest 300mm Fab Outlook report released at SEMICON West. The surge reflects regional fab expansion, booming AI chip demand, and a worldwide drive toward...
5G RedCap IoT modules to ship 80 million units
ABI Research has projected a significant shift in the cellular IoT landscape, with shipments of 5G Reduced Capability (RedCap) modules expected to reach 80 million units between 2024 and 2029. Of this total, enhanced RedCap (eRedCap) modules are anticipated to make up...
Foundry Market Growth Fueled by AI and Advanced Packaging
The global foundry industry is experiencing steady growth, with projections indicating an expansion from $125.56 billion in 2023 to $171.70 billion by 2032, as reported by Credence Research. This growth is driven by a 3.99% compound annual growth rate (CAGR), reflecting the...
Amkor launches $7B semiconductor campus in Arizona
Amkor Technology has commenced construction on a massive new $7 billion semiconductor packaging and test campus in Arizona, expanding the company’s total planned investment and reinforcing its dedication to enhancing U.S. chip packaging capabilities. This new development, which now includes a second...
ABB to sell robotics division to SoftBank for 5.4B
ABB has announced it will sell its Robotics division to Japan’s SoftBank Group for an enterprise value of $5.375 billion, a move that underscores the growing momentum in AI-driven robotics. The deal, expected to close in mid-to-late 2026, aims to combine ABB’s...
IBM and Anthropic Partner to Enhance Enterprise Software Development
IBM has partnered with Anthropic to incorporate the Claude large language model (LLM) into its enterprise software development portfolio, with the goal of enhancing productivity while upholding governance, security, and cost control for business clients. This collaboration represents a significant advancement in...
FurtherAI raises 25M to bring AI automation to insurance workflows
The San Francisco-based startup FurtherAI has secured a $25 million Series A led by Andreessen Horowitz to accelerate its mission of modernizing the $7 trillion insurance industry through AI insurance automation. The funding, announced just six months after a $5 million seed...
EPICURE launches HPC support portal for European researchers
EPICURE has launched the European HPC Application Support Portal, a new online platform designed to make it easier for researchers and innovators across Europe to access and optimize their use of EuroHPC supercomputing systems. The portal, unveiled during the EuroHPC JU User...
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