Protect AI Inc., a security and artificial intelligence startup, has raised US$60 million from investors betting that the intersection of AI and security will be big business.
Compound semiconductor epitaxial wafer (epi-wafer) manufacturer IQE is swiftly adjusting its global strategy by expanding outside its UK base in response to geopolitical volatility and supply chain restructuring. The company has also applied for government subsidies in the US and EU to increase its gallium nitride (GaN) capacity.
SK Hynix is set to showcase its latest advancements in its memory technologies and products at the upcoming Future Memory and Storage (FMS) 2024 event.
Silicon Motion Technology has reported revenues exceeding the top margin of its guidance, with gross margins also hitting the ceiling of its expectation range for the second quarter of 2024. The revenue amounted to approximately US$211 million in the second quarter, reflecting an 11% growth compared to the previous quarter and a significant 50% increase year-on-year. The gross margin for the quarter was 46%, and the net profit after tax was US$32.46 million.
Aided by its outstanding capabilities in building Fab 4.0 smart factories, Grade Upon Technology Corp (GUTC) has successfully penetrated the supply chains of leading wafer foundries and American memory chipmakers within just seven years of its establishment, with its business growing steadily year by year.
Gallium Nitride (GaN) semiconductors, having made a strong debut with fast chargers for consumer electronics, are now finding fresh opportunities in AI servers, data centers, and most recently, robotics. The rapid expansion of generative AI has spotlighted the potential for GaN technology in various robotic applications, from LiDAR sensing systems to motor controllers and battery management systems.
The relationship between Microsoft and the AI startup OpenAI may be getting complicated, as Microsoft has included OpenAI on its list of competitors in its annual report, alongside companies like Amazon, Apple, Google, and Meta Platforms, according to a CNBC report,
LG Display (LGD) is expected to become the second supplier of OLED panels for Apple’s iPhone SE4, slated for release in the first half of 2025. Samsung Display (SDC) will focus primarily on the high-end iPhone 16 series.