Intel CEO Lip-Bu Tan: The company will divest non-core departments.

Arm: Data center CPU market sales share is expected to soar to 50% in 2025.

OpenAI has completed $40 billion in financing.

Smith Group moved some of its semiconductor testing equipment production lines from Suzhou to US.

The latest global smartphone application processor AP-SoC market share ranking for Q4 2024 released by Counterpoint Research shows that MediaTek (34%), Apple (23%), Qualcomm (21%), Unisoc (14%), Samsung (4%), and Huawei HiSilicon (3%) occupy the top six places respectively.

UMC is rumored to be exploring a merger with GlobalFoundries. UMC: No merger plans currently.

imec has established a chiplet development center in Germany, dedicated to the development of automotive chip, and will receive 40 million euros in funding.

STMicroelectronics and Innoscience sign GaN technology development and manufacturing agreement.

Battery maker Northvolt goes bankrupt and restructures, laying off 5,300 employees.

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