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Global IT spending forecast to rise 5.5%, fueled by software, services
Nov 13,2023
Overall spending on IT products and services is expected to climb by about 5.5% this year, fueled mainly by software and services, according to a forecast from tech analyst firm Gartner Research. That level of growth would result in a total expenditu...
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Arm reportedly set to make prototype chip ahead of IPO
Nov 13,2023
UK-based semiconductor design company Arm is reportedly looking to team up with manufacturing partners to develop its own prototype semiconductor, targeted for use in mobile devices, laptops and other electronics. The prototype chips are meant to sho...
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India set to announce its first semiconductor fab
Nov 13,2023
India is set to announce its first semiconductor fabrication facility in the next few weeks, as the country moves to become more self-reliant for its chip supply in the wake of pandemic supply chain disruptions and the ongoing US semiconductor restri...
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Facing weak chip sales, TSMC asks US for guidance on CHIPS Act funds
Nov 13,2023
 Facing a sharp drop in revenue, Taiwanese semiconductor giant TSMC is seeking assurances from the US about subsidies it will receive when it builds its new$40 billion manufacturing facilities in Arizona. TSMC's US investments are part of the ch...
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UK regulators block Microsoft's acquisition of Activision Blizzard
Nov 13,2023
The UK's Competition Markets Authority (CMA) has blocked Microsoft from purchasing the gaming studio Activision Blizzard over concerns the deal could "alter the future of the fast-growing cloud gaming market, leading to reduced innovation and less ch...
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India-US chip partnership could boost global chip supply chain
Nov 13,2023
India is trying to emerge as a competitive alternative to China in the semiconductor sector amid the intensifying chip war between the US and China. India and the US last week signed a memorandum of understanding on establishing a semiconductor ...
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Apple accelerates use of recycled materials across all its products
Nov 13,2023
Any enterprise serious about meeting internationally agreed-upon carbon reduction targets will want to emulate Apple as the company announces plans to use 100% recycled cobalt in all Apple-designed batteries and reveals numerous other metals it plans...
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Should we fear the rise of artificial general intelligence?
Nov 13,2023
Last week, a who's who of technologists called for artificial intelligence (AI) labs to stop training the most powerful AI systems for at least six months, citing "profound risks to society and humanity." In an open letter that now has more than 3,10...
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EU Chips Act to drive $47 billion investments in semiconductor manufacturing
Nov 13,2023
The European Council and the European Parliament has reached an agreement on a deal that will invest$3.6 billion in EU funds - with the aim of attracting a further$43.7 billion in private investment - to build out the continent's semiconductor manufa...
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China to probe Micron over cybersecurity, in chip war's latest battle
Nov 13,2023
The Chinese government is instituting a cybersecurity review of US-based memory chip maker Micron's products being sold in the country, in the latest move in the ongoing semiconductor trade dispute that pits China against the US and its allies. The r...
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Technical teams hit by Meta's latest wave of layoffs
Nov 13,2023
Meta is laying off a number of its technical employees, the second in the latest round of job cuts that CEO Mark Zuckerburg first announced back in March. Employees holding technical roles like user experience, software engineering, and graphics prog...
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China bans chip maker Micron from key infrastructure projects
Nov 13,2023
A network security review of Micron products sold in China has revealed that these products pose a significant security risk to the country's key information infrastructure supply chain, according to the Cyberspace Affairs Commission of China. M...
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