The Maharashtra government was in talks with three companies to set up a semiconductor plant in the state, deputy Chief Minister Devendra Fadnavis said here on Saturday. He was speaking after inaugurating, along with Union minister Nitin Gadkari, a medical equipment and consumables manufacturing facility of HORIBA India in Butibori area. HORIBA India is a subsidiary of HORIBA Ltd, a Japanese firm. Fadnavis thanked HORIBA chairman Atushi Horiba for setting up manufacturing units in Pune and Nagpur. The Maharashtra government was in talks with three companies including HORIBA to set up semiconductor facilities in the state, he said, and proposed that HORIBA set up a semiconductor plant in Nagpur. Land will be kept reserved for the same, he said. Speaking on the occasion, Union minister Gadkari thanked HORIBA India for starting its plant in the city. HORIBA India in a press release said the Nagpur plant will have an investment of about Rs 200 crore in a phased manner and will serve
Notably, the stock has soared 10.23 per cent in the last two trading sessions
SK Hynix's HBM chips are optimised for use with Nvidia Corp.'s artificial intelligence accelerators
The group, best known for its chip firm SK Hynix , has become bloated over the past decade and its electric vehicle battery unit has lost billions of dollars
MosChip hit a new all-time high at Rs 320.80 on Friday June 21. The stock may witness some consolidation in the near-term, post which a rally to Rs 395 levels seems possible, chart shows.
Companies such as Intel India, AMD, Applied Materials India, and Tessolve are collaborating with students and staff on practical projects and setting up labs at institutions such as IIT-Bombay
MosChip Technologies share price has rallied 44% in 4 days after the MeitY approved its application under Semiconductor DLI scheme
India and the US Monday launched a new strategic semiconductors partnership to co-develop semiconductor design and manufacturing processes for precision-guided ammunition
Intel did not give any specific reason for the decision and made no link to the ongoing war in Gaza, in which over 37,000 Palestinians have been killed
The software company's plans take aim at Apple which has released its own Arm-based chips for Mac computers for roughly four years
A report by TeamLease Degree Apprenticeship showed the semiconductor industry is expected to face a shortage of 250,000-300,000 professionals by 2027 in verticals such as design, and manufacturing
Their size, technical dominance and global influence make these two Taiwanese companies irreplaceable - no other single business could jump in to fill the gap should either disappear overnight
The last time Nvidia was worth more than Apple was in 2002, five years before the first iPhone was released. At the time, both companies were worth less than $10 billion each
Two top Chinese AI chip firms, MetaX and Enflame, submitted downgraded designs of their chips to TSMC in late 2023 to comply with US restrictions
Arm processors are known for power efficiency, which makes them ideal for battery-powered portable devices such as smartphones and tablets
Governments around the world are investing aggressively to build domestic supplies of semiconductors
As corporate capex picks up, it expects the Indian corporate sector to sustain 12 - 17 per cent earnings growth in the medium-term
This commitment has taken on renewed urgency after the US imposed a series of export control measures over the last couple of years
SK Group affiliates include SK Hynix, the world's No.2 memory chip maker
First-quarter revenue surged 262% year-over-year to $26.04 billion, beating estimates of $24.65 billion. Net income soared 628% to $14.88 billion