PSMC steps in with Navitas to chase AI power chip gold rush

The world's top chipmaker TSMC has decided to ditch its gallium nitride (GaN) wafer foundry business, confirming it will be out by 31 July 2027.

Chip cooling sparkles

Akash Systems has secured a "non-binding preliminary memorandum of terms" for $18.2 million in CHIPS Act funding to scale up the production of its diamond-cooled semiconductors.