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BMW is cutting 8,000 jobs in Germany and partnering with Qualcomm to power the future of its vehicles with advanced compute silicon.
Amkor Technology reported record second quarter results, with revenue up 26% and net income more than tripling. The company plans to invest up to $3 billion this year, nearly 40% of its revenue.
China has officially named the state-owned entity leading its push to develop domestic DUV lithography machines: Shanghai Aishengna Electronic Technology Group.
ASML shares dropped 6.5% after a report revealed that China has started mass-producing DUV lithography tools, challenging existing export controls.
Samsung Electronics and Broadcom have signed a $200 billion semiconductor deal covering memory chips, foundry manufacturing, and advanced packaging for AI applications through 2030.
Intel's Q2 2026 earnings exceeded expectations, with a 25% revenue jump and a 59% surge in AI data center revenue, signaling strong growth in the AI sector.
Nvidia has committed $1.5 billion to Amkor to expand chip packaging in the U.S., strengthening the domestic semiconductor supply chain and supporting the growing AI hardware market.
SenseTime has launched the Galaxy Project to scale domestic AI chip infrastructure in China, partnering with nearly 20 firms to build a closed-loop ecosystem for AI hardware.
IQE forecasts over 20% revenue growth by 2026, driven by rising demand for its compound semiconductor wafers in AI data centers.
ASML is rewarding all 45,000 employees with a €20,000 bonus due to the surge in AI-driven demand for semiconductor equipment.
China’s memory chipmaker CXMT has priced its Shanghai IPO at $8.5 billion, valuing the company at $85 billion. The listing marks the largest semiconductor offering in Chinese history.
Intel is investing 5 billion euros in its Leixlip campus in Ireland to expand data-center processor capabilities and establish one of Europe's few EUV fabrication facilities.
