Intel Corporation (Nasdaq: INTC) has announced the cancellation of its proposed acquisition of Tower Semiconductor (Nasdaq: TSEM). The decision stems from the inability to secure necessary regulatory approvals within the timeframe specified in the merger agreement, which was initially signed on February 15, 2022. As part of the termination agreement, Intel will pay a … [Read more...] about Intel Abandons Tower Semiconductor Acquisition, Focuses on IDM 2.0 Strategy
The CHIPS and Science Act: Igniting an Innovation Boom in America
In a landmark move that has now been a year in the making, President Biden set the stage for a transformative era of economic growth and technological advancement by signing the CHIPS and Science Act into law. This momentous legislation marks the initiation of one of the most consequential industrial policy initiatives witnessed in a generation. Beyond the evident manufacturing … [Read more...] about The CHIPS and Science Act: Igniting an Innovation Boom in America
Five Semiconductor Giants Join Forces to Accelerate RISC-V Adoption
Major players in the semiconductor industry, namely Robert Bosch GmbH, Infineon Technologies AG, Nordic Semiconductor, NXP® Semiconductors, and Qualcomm Technologies, Inc., have joined forces to collectively invest in a new company dedicated to advancing the global adoption of RISC-V. This company, based in Germany, aims to expedite the commercialization of future products … [Read more...] about Five Semiconductor Giants Join Forces to Accelerate RISC-V Adoption
Harnessing the Power of Glass: CO2 Sequestration in a Sustainable Future
In the quest for a sustainable future, carbon dioxide (CO2) emissions reduction is a paramount challenge. One promising avenue gaining attention is carbon capture and storage (CCS) technologies, aimed at sequestering CO2 from industrial processes. Amidst this growing focus, an innovative solution has emerged: CO2 sequestration in glass. This revolutionary concept not only … [Read more...] about Harnessing the Power of Glass: CO2 Sequestration in a Sustainable Future
Japan Revamps Chip Strategy, Aims to Triple Sales by 2030
The Japanese government announced on Friday a new strategy to boost the country's semiconductor industry. The plan, which includes a $108 billion investment, aims to triple sales of domestically produced chips to more than 15 trillion yen ($108 billion) by 2030. The government's goal is to reduce Japan's reliance on foreign chipmakers and make the country a more competitive … [Read more...] about Japan Revamps Chip Strategy, Aims to Triple Sales by 2030
New Cloud Computing Startup Evroc Seeks €3 Billion to Challenge Amazon
The company, called Evroc, is planning to build eight hyperscale cloud centers across the continent by 2028. Hyperscale data centers are the largest and most powerful type of data center, and they are used by major cloud providers such as AWS, Microsoft Azure, and Google Cloud Platform. A cloud computing startup backed by private equity firm EQT Partners is seeking to raise €3 … [Read more...] about New Cloud Computing Startup Evroc Seeks €3 Billion to Challenge Amazon
Apple Vision Pro Review
Apple Vision Pro is a new mixed reality headset that was announced at WWDC 2023. It is the first headset from Apple to focus on mixed reality, rather than virtual reality. The headset has a number of features that make it stand out from other headsets on the market, including a high-resolution display, a powerful processor, and a wide range of sensors. In this review, we … [Read more...] about Apple Vision Pro Review
IBM announced plans to build its first European quantum data center in Zurich, Switzerland
IBM (NYSE: IBM) today announced plans to build its first quantum data center in Europe. The center will be located in Zurich, Switzerland, and is expected to be operational in 2024. The center will be used to support IBM's growing ecosystem of quantum users and partners. These users include researchers, developers, and businesses that are exploring the potential of quantum … [Read more...] about IBM announced plans to build its first European quantum data center in Zurich, Switzerland
Hydrogen Technology: The Key to a Sustainable Future for the Cruise and Shipping Industries
The cruise and shipping industries are significant contributors to greenhouse gas emissions, with the cruise industry alone emitting 1.1 billion tons of CO2 in 2018, accounting for 2% of global emissions. Similarly, the shipping industry emitted 940 million tons of CO2 in the same year, representing 2.4% of global emissions. These emissions not only contribute to climate change … [Read more...] about Hydrogen Technology: The Key to a Sustainable Future for the Cruise and Shipping Industries
Regenerative Finance: Shifting Towards Sustainable and Equitable Financial Systems
Regenerative Finance (ReFi) is a concept and a set of financial practices that seek to align economic activities with ecological and social sustainability. The idea is to shift the focus of finance from a profit-maximizing approach to one that considers the well-being of all stakeholders, including future generations and the natural environment. ReFi recognizes that the … [Read more...] about Regenerative Finance: Shifting Towards Sustainable and Equitable Financial Systems