CHIPS

Micron Partners with Clarity Credit Union to Boost Access to Capital for Local Idaho Communities

Retrieved on: 
måndag, juni 10, 2024
CHIPS, Treasury, Carver Federal Savings Bank, Senate, Organization, Community development, Growth, Science, EOC, Community development financial institution, Investment, Micron Technology, Upstate, Chairperson, Partnership, CDFI, Memory, Credit union, United States Senate, Renewable energy

Today’s announced deposit will help Clarity Credit Union offer products, services and financial literacy education to members in the state’s rural areas who may lack access to conventional financial services.

Key Points: 
  • Today’s announced deposit will help Clarity Credit Union offer products, services and financial literacy education to members in the state’s rural areas who may lack access to conventional financial services.
  • This includes broadening rural and underrepresented communities’ access to capital and critical financial services.
  • “Clarity Credit Union is grateful to Micron for their $4 million CDFI deposit.
  • Clarity Credit Union’s mission is to provide specialized and affordable financial services to low-income and underserved communities.

Rocket Lab Signs Preliminary Terms to Receive up to $23.9M in Funding Under the CHIPS Act to Expand Production of Semiconductors that Power Spacecraft

Retrieved on: 
tisdag, juni 11, 2024
Semiconductor, Technology, Aerospace, Transport, Manufacturing, Hardware, Other Transport, CHIPS, Neutron, Science, NIST, Security (finance), Electricity, Rocket, Development, Moon, Rocket Lab, Workforce, Radiation, Public expenditure, PMT, Quality of life, Research, Electron, Commerce, Annual report, NASA, Growth, Heart, Lab, OneWeb, Multimedia, Internet, Spacecraft, Conference, Renewable energy

The proposed investment would enable Rocket Lab to increase its production of compound semiconductors for spacecraft and satellites, as part of an expansion and modernization of the Company’s facility in Albuquerque, New Mexico.

Key Points: 
  • The proposed investment would enable Rocket Lab to increase its production of compound semiconductors for spacecraft and satellites, as part of an expansion and modernization of the Company’s facility in Albuquerque, New Mexico.
  • Rocket Lab's technology also serves a booming commercial satellite market, such as powering the OneWeb broadband internet satellite constellation.
  • This proposed CHIPS investment would help create a more robust and resilient supply of space-grade solar cells.
  • "For more than two decades the SolAero team, now part of Rocket Lab, has played a crucial role in the domestic production of semiconductors.

Niobrara Capital Partners Launches as New Private Equity Firm Focused on Technology Ecosystem

Retrieved on: 
tisdag, juni 11, 2024
Fintech, Professional Services, Finance, CHIPS, Ecosystem, Schorr, Software, Government, Growth, CHIPS and Science Act, TIBCO Software, Investment, Semiconductor, History, State, Hewlett-Packard, Partnership, Fairchild Semiconductor, Renewable energy

Niobrara Capital Partners (“Niobrara” or the “Firm”) today announced its launch as a middle market private equity firm focused on strategic investments in technology and technology-enabled services across the ecosystem to capitalize on transformational growth of North American and European technology companies.

Key Points: 
  • Niobrara Capital Partners (“Niobrara” or the “Firm”) today announced its launch as a middle market private equity firm focused on strategic investments in technology and technology-enabled services across the ecosystem to capitalize on transformational growth of North American and European technology companies.
  • The Firm will leverage its leadership’s long and successful history of proprietary deal sourcing and active value creation in partnership with management teams and leading technology players.
  • The Firm will also seek partnerships with founders, families and Fortune 500 companies across industry sectors that are looking to capitalize on growth opportunities and new developments throughout the tech industry.
  • Niobrara is led by Managing Partner Chip Schorr, an established technology private equity investor who will leverage his extensive experience and existing partnerships to continue to build companies across the technology ecosystem.

Join Industrial Info In Person for Our Mid-Year North American Market Outlook

Retrieved on: 
torsdag, juni 6, 2024
Supply Chain Management, EV, Electric Vehicles, Automotive, Manufacturing, Other Energy, General Automotive, Other Manufacturing, Retail, Alternative Energy, Energy, Engineering, CHIPS, Drink, Research, USD, GMI, RSVP, Science, Semiconductor, Inflation, Legislation, News

Researched by Industrial Info Resources -- Industrial Info is pleased to be presenting our popular in-person Mid-Year North American Market Outlook event at the Sugar Land Marriott Hotel near IIR's world headquarters on Wednesday, June 12.

Key Points: 
  • Researched by Industrial Info Resources -- Industrial Info is pleased to be presenting our popular in-person Mid-Year North American Market Outlook event at the Sugar Land Marriott Hotel near IIR's world headquarters on Wednesday, June 12.
  • Simultaneously, the CHIPS and Science Act is driving the expansion of the semiconductor manufacturing industry that will stabilize the U.S. supply chain.
  • Industrial Info Resources (IIR) is the leading provider of industrial market intelligence.
  • Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries.

Mack Real Estate Group Affiliate Prevails at Auction for 2,300+ Acres at Taiwan Semiconductor Campus in Phoenix

Retrieved on: 
onsdag, maj 29, 2024
REIT, Other Construction & Property, Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, CHIPS, Partnership, Employment, TSMC, Intelligence, Workforce, Inflation, Ecosystem, McCourt, Semiconductor, Apple, Growth, Research, Silicon, Eye, Acquisition, City

“TSMC’s Phoenix semiconductor fabrication campus is a tremendous economic driver with local, national, and global significance,” said Richard Mack, CEO of MREG, developer of the vast mixed-use project.

Key Points: 
  • “TSMC’s Phoenix semiconductor fabrication campus is a tremendous economic driver with local, national, and global significance,” said Richard Mack, CEO of MREG, developer of the vast mixed-use project.
  • MREG is a real estate firm with a national development and investment footprint, including a major presence in Phoenix.
  • TSMC’s operations in Phoenix have already proven to be a major demand driver for real estate in the region, especially in the North Valley.
  • TSMC and other stakeholders in the semiconductor ecosystem may also benefit from the subsidies included in the Inflation Reduction Act.

Sono-Tek Announces Fiscal Year 2024 Results with Record-Breaking Revenue and Record YOY Backlog

Retrieved on: 
torsdag, maj 23, 2024
CHIPS, ACT, OEM, Transport, Electronics, Investment, Inflation, Printed circuit board, Engineering, PCB, Growth, Electrolysis, Public expenditure, Medicine

Following uncharacteristically high revenue for Printed Circuit Board “PCB” Fluxing systems for our fiscal year ended February 28, 2023, PCB Fluxing sales dipped by 39% for fiscal year 2024.

Key Points: 
  • Following uncharacteristically high revenue for Printed Circuit Board “PCB” Fluxing systems for our fiscal year ended February 28, 2023, PCB Fluxing sales dipped by 39% for fiscal year 2024.
  • Operating income increased $499,000 or 73%, to $1,182,000 in fiscal year 2024 compared with $683,000 for the prior fiscal year.
  • Net income increased $805,000 or 127%, to $1,441,000 for fiscal year 2024 compared with $636,000 for the prior fiscal year.
  • Sono-Tek will hold a conference call to discuss its fourth quarter and fiscal 2024 yearend financial results today, Thursday, May 23rd, 2024 at 9:30am EST.

SEALSQ USA Ltd Incorporated in Phoenix to Strengthen Global OSAT Network for Enhanced Localized Production and Support

Retrieved on: 
onsdag, maj 22, 2024
CHIPS, Semiconductor, QFN, CHIPS and Science Act, Workforce, Investment, PKI, Ecosystem, Government, AI, Growth, Research, Face, Supply, Culture, Post-quantum cryptography, BGA, Artificial intelligence, WLCSP, Creativity, University, Cryptocurrency

SEALSQ's decision to select Arizona as the hub for its USA presence is strategic, largely due to Arizona's prominent position in the global semiconductor industry.

Key Points: 
  • SEALSQ's decision to select Arizona as the hub for its USA presence is strategic, largely due to Arizona's prominent position in the global semiconductor industry.
  • The Arizona OSAT center, set to be operational by the end of 2025, will be a cornerstone in SEALSQ’s strategy.
  • SEALSQ’s planned OSAT center in Spain will bolster its European production capabilities with focus to Spain and Latin American markets.
  • The network of centers allows SEALSQ to serve global markets more effectively, with regional centers providing localized production and support.

ICIC Unveils Pivotal Report on Racial Equity in America's Manufacturing Sector

Retrieved on: 
tisdag, maj 21, 2024
CHIPS, STEM, Initiative, Legislation, Black, Inflation, Research, Growth, Movement, ICIC, Science, Renewable energy

Boston, MA, May 21, 2024 (GLOBE NEWSWIRE) -- The Initiative for a Competitive Inner City (ICIC) is proud to announce the release of its latest report, " Racial Equity in America's New Industrial Transformation ."

Key Points: 
  • Boston, MA, May 21, 2024 (GLOBE NEWSWIRE) -- The Initiative for a Competitive Inner City (ICIC) is proud to announce the release of its latest report, " Racial Equity in America's New Industrial Transformation ."
  • The report presents recommendations in six key focus areas:
    Increasing capital access for Black- and Hispanic-owned businesses to stimulate growth and innovation.
  • ICIC calls upon industry leaders, policymakers, and stakeholders to embrace the recommendations laid out in this report and join the movement toward a more equitable manufacturing sector.
  • For further information, to access the full report, or to participate in upcoming discussions and initiatives based on these findings, please visit https://icic.org/research/industry-clusters/racial-equity-in-americas-ne... .

GlobalFoundries Partners with Micron and U.S. National Science Foundation to Drive Semiconductor Workforce Development at Minority Serving Institutions

Retrieved on: 
tisdag, maj 21, 2024
CHIPS, Partnership, City University, GFS, Faculty, ASRC, National Science Foundation, STEM, Green, Master, Early college high school, Education, Workforce, Investment, GlobalFoundries, Micrometre, GF, Government, Health, NSF, CUNY, Technical, School, MSI, Senate, Student, Science, Parental leave, Upstate, Micron Technology, Upstate New York, Innovation, Management

MALTA, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced a partnership with Micron Technology, Inc. (Nasdaq: MU) and the U.S. National Science Foundation (NSF) to invest in workforce development at Minority Serving Institutions (MSI) to help meet the growing workforce needs of the U.S. semiconductor ecosystem.

Key Points: 
  • MALTA, N.Y., May 21, 2024 (GLOBE NEWSWIRE) -- GlobalFoundries (Nasdaq: GFS) (GF) today announced a partnership with Micron Technology, Inc. (Nasdaq: MU) and the U.S. National Science Foundation (NSF) to invest in workforce development at Minority Serving Institutions (MSI) to help meet the growing workforce needs of the U.S. semiconductor ecosystem.
  • In partnership with Micron and the NSF, the investment will support semiconductor workforce development at Historically Black College and Universities, Hispanic Serving Institutions, Asian American Native American Pacific Islander-Serving Institutions and Tribal Colleges and Universities throughout the U.S.
  • These investments aim to diversify the semiconductor workforce and build robust talent pathways through education and career reentry initiatives.
  • Now, Micron and GlobalFoundries are working to develop a workforce pipeline to train and attract the next generation of talent, putting students from our top-notch educational institutions into jobs in the semiconductor industry.

Celebrate Summer With the Return of Shredded Beef Birria, Nacho Cheese and Funnel Cake Fries

Retrieved on: 
torsdag, maj 16, 2024
CHIPS, 3rd Party, COMBO, Restaurant, Spice, Love, Cheese, Del Taco, Nachos, MACHO, Funnel cake, Del

And after years of relentless requests to bring back the wildly popular Nacho Cheese, Del Taco is treating their fans to their famous Macho Nachos® and Nacho Cheese Fries served with Del’s nostalgic Nacho Cheese sauce to celebrate their 60th anniversary.

Key Points: 
  • And after years of relentless requests to bring back the wildly popular Nacho Cheese, Del Taco is treating their fans to their famous Macho Nachos® and Nacho Cheese Fries served with Del’s nostalgic Nacho Cheese sauce to celebrate their 60th anniversary.
  • SHREDDED BEEF BIRRIA QUESADILLA + CONSOMÉ DIP: Savory shredded beef birria, fresh house-grated cheddar cheese and tangy green sauce folded into a flour tortilla and flat-grilled to perfection.
  • NACHO CHEESE FRIES: Famous Crinkle Cut Fries topped with nacho cheese, and sliced jalapeños.
  • The wildly popular Funnel Cake Fries are delicately fried until golden brown and crispy then dusted with powdered sugar.