Semtech Corporation (Nasdaq: SMTC), a leading global supplier of high-performance analog and mixed-signal semiconductors and advanced algorithms, and Sierra Wireless, Inc. (Nasdaq: SWIR) (TSX: SW), a world-renowned Internet of Things (IoT) solutions provider, today announced a definitive agreement under which Semtech will acquire all outstanding shares of Sierra Wireless for US$31 per share in an all-cash…
According to TrendForce, DRAM market demand bit growth will only amount to 8.3% in 2023, sub-10% for the first time in history, and far lower than supply-side bit growth of approximately 14.1%. Data indicates the DRAM market to be severely oversupplied at least in 2023 and prices may continue to decline. NAND Flash is still…
Chip supplies could see a surplus as early as the first half of next year, according to Gartner, following more than two years of severe constraint. Demand is plummeting for PCs and smartphones, loosening up inventory for other users of semiconductors. Not all IC categories will be in abundance: microcontrollers, PMICs and analog chips remain…
In an exclusive interview with our sister publication EETimes, Keith Krach, former Under Secretary of State for Economic Growth, Energy, and the Environment in the Trump administration, speaks on the significance of the CHIPS Act, which has since been passed by the House in a 243–187 vote. It has yet to be signed into law by…