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Lam Research breaks ground for systems lab in Bengaluru
Economic Times
·
11m ago
Medial
Semiconductor equipment provider Lam Research Corp has begun construction on a systems lab at its India Center for Engineering in Bengaluru. The lab will support the development of semiconductor manufacturing equipment and facilitate collaboration with customers and supply chain partners. The facility will house a fully functional manufacturing equipment development environment, enabling Lam engineers in India to design, test, and validate semiconductor processes and equipment on-site, thus shortening design cycles. The lab is expected to play a crucial role in Lam's research and development efforts and contribute to the advancement of the Indian semiconductor ecosystem.
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Karnataka: Cabinet committee clears sops for three semiconductor projects
Economic Times
·
2m ago
Medial
The Karnataka cabinet subcommittee, led by Chief Minister Siddaramaiah, approved incentives for investments by Applied Materials, Lam Research, and Bharat Semi Systems to bolster the state's semiconductor industry. The projects include an R&D Fab by Applied Materials in Bengaluru, two units by Lam Research for advanced semiconductor technologies, and a design manufacturing facility by Bharat Semi Systems in Mysuru. These initiatives aim to make Karnataka a global semiconductor hub, creating over 3,500 jobs.
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Industries minister meets tech CEOs, discusses semiconductor growth in state
Economic Times
·
10m ago
Medial
- Karnataka's industries minister, MB Patil, met with global technology CEOs in New York to explore opportunities for the semiconductor industry in the state. - Eugenus Technology, a provider of advanced semiconductor manufacturing equipment, is looking for expansion in Karnataka. - Lam Research, a global supplier of wafer fabrication equipment, established its systems lab in Bengaluru and is seeking collaboration in the state's semiconductor sector. - Patil addressed American companies at a roundtable hosted by the US-India Strategic Partnership Forum, highlighting potential growth and strengthening ties between the USA and Karnataka. - The CEO of Alphawave Semi expressed interest in contributing to the semiconductor ecosystem in Karnataka. - The visit aimed to position Karnataka as a global hub for the semiconductor industry and attract investment and innovation in the sector.
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Lam Research beats quarterly revenue estimates on surging AI chip demand
Economic Times
·
3m ago
Medial
Lam Research exceeded Wall Street expectations for third-quarter revenue, driven by strong demand for advanced AI chips, boosting its shares by 4.5% in extended trading. This demand leads major chip manufacturers, like Taiwan Semiconductor Manufacturing Co., to increase orders, benefiting suppliers like Lam. It posted $4.72 billion in revenue, surpassing analyst estimates. Despite U.S. export controls challenges, Lam's outlook remains strong, expecting fourth-quarter revenue of $5 billion. Its systems revenue reached $3.04 billion for the quarter.
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Lam to open office at Tata Electronics’ Dholera chip fab
Economic Times
·
8m ago
Medial
Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC) are collaborating to build India's first semiconductor fabrication facility in Dholera, Gujarat. Lam Research India, a supplier of wafer fabrication equipment, plans to set up an office in Dholera to support the facility. The facility will have a manufacturing capacity of up to 50,000 wafers per month. Lam Research India already works closely with PSMC and will collaborate with both PSMC and Tata Electronics once the fab is completed. Lam Research India's virtual fab, Semiverse, is used by customers and fabs worldwide for process simulation. The company believes in a globally diversified ecosystem to avoid supply chain disruptions.
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Nokia opens 6G Lab in India to accelerate 6G development in India
IndianStartupNews
·
1y ago
Medial
Nokia has established a 6G Lab in Bengaluru, India, at its Global R&D centre. The lab will serve as a platform for collaboration among industry stakeholders and facilitate the testing of innovative solutions for potential commercialization. It will also research the "Network as a Sensor" technology, which enables the network to sense objects and movement without onboard sensors. The lab aims to contribute to India's 6G vision and make the country a major player in 6G technology development. Nokia is actively involved in various global and regional 6G projects and initiatives.
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One Gaganyan astronaut to travel to ISS in joint mission with NASA, says govt
YourStory
·
1y ago
Medial
One astronaut from the Gaganyan mission will travel to the International Space Station (ISS) as part of a collaboration between NASA and ISRO. Axiom Space, a private entity, has been identified by NASA for the joint mission. India's selection board has chosen four astronauts from the Indian Air Force for the Gaganyaan mission, with training underway in Russia and ISRO's Astronauts Training Facility in Bengaluru. Ground testing of propulsion systems, crew escape systems, and module designs have been completed, and various facilities for the mission are operational or nearing completion.
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Kogo AI set to launch LAM-based Kogo OS
Economic Times
·
1y ago
Medial
Bengaluru-based startup Kogo AI is launching its Kogo OS platform this week. Kogo OS is a large action model (LAM)-based platform that allows enterprises and small businesses to create AI agents. It can serve as a customer service agent, booking agent, research agent, office assistant, and more. Kogo AI has already rolled out the platform in 14 proofs of concept across various industries and plans for deployment in production by the end of the quarter. With funding from MapMyIndia, Kogo AI expects significant growth in the next few years. LAMs have gained popularity recently, with companies like Rabbit, Microsoft, and Google investing in AI agents.
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Downstream spacetech is workhorse of India's space sector: Experts
Economic Times
·
10m ago
Medial
The downstream spacetech market presents significant opportunities for the private sector, according to Nilesh M Desai, Director of the Space Application Centre. During the Bengaluru Space Expo, Desai emphasized the importance of tapping into the ground and user segments of the spacetech market, which transform space data into practical applications. He highlighted the potential for startups in areas such as geographic information systems (GIS), earth observation, space communication, and space navigation. The Indian government is also actively promoting the use of space data in industries, including decision support systems, mapping and monitoring applications, and disaster management solutions.
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Chip industry groups slam expected rules in private letter to Biden
Economic Times
·
6m ago
Medial
Several trade groups from the semiconductor industry have expressed concerns in a private letter to President Biden about new export controls on computing chips. They claim the regulations, limiting chip exports for AI data centers, were rushed without industry consultation. The rules also affect high-bandwidth memory sales to China, impacting U.S. companies' market shares. The anticipated regulations could alter previous interpretations, potentially affecting revenue for companies like Lam Research.
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Nvidia to open quantum computing lab, CEO says
Economic Times
·
4m ago
Medial
Nvidia will establish a quantum computing research lab in Boston, collaborating with Harvard and MIT. Announced by CEO Jensen Huang at Nvidia's software developer conference, the lab—named the Nvidia Accelerated Quantum Research Center (NVAQC)—will work with firms like Quantinuum and QuEra Computing. Despite Huang's prior comments on quantum computers being decades away, he emphasized their immediate potential alongside traditional computers. The lab is set to commence operations later this year.
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