In a landmark announcement on March 3, Enosemi and Jabil unveiled a sophisticated collaboration to pioneer advanced packaging process technology for Enosemi’s cutting-edge photonic chips. As the computational demands of cloud infrastructure and artificial intelligence (AI) escalate in both scope and intricacy, interconnects have emerged as a critical choke point, impeding optimal system performance.

Microchip Technology is undergoing significant restructuring in response to a downturn in the automotive chip market. The company has announced the layoff of approximately 2,000 employees, representing 9% of its total workforce. The layoffs will affect facilities in the US, Philippines, and other locations, with particular impact on its Gresham Fab 4 in Oregon, Fab 5 in Colorado Springs, and backend manufacturing plant in the Philippines. These workforce reductions are part of a broader plan to reduce operating costs as the automotive chip sector faces challenges.

SK Hynix America, the US branch of SK Hynix, is seeing significant revenue growth due to the demand for HBM. In 2024, its revenue rose about 2.6 times from the previous year.