TowerJazz, the global specialty foundry leader, today announced it has extended its long term global business partnership with JA Mitsui, a leading financial and banking institution, with whom the company has an established relationship in Japan through its TPSCo Japanese affiliate. The agreement provides the Company with up to $40 million of an asset based loan, which will carry annual interest of Libor+2.0%, mature between 2019 and 2022 and be used to support San Antonio fab growth and ramp-up plans, including cross qualification activities to address the Company’s excess customer demand in its other worldwide fabs.
Enterprise demand and AI security adoption drive continued global expansion Cato Networks has announced that…
The Nasdaq-listed company says its platform handled more than 1.3 billion playback sessions during the…
Cadence has introduced AuraStack, a new Agentic AI platform designed to automate and orchestrate the…
Artificial intelligence, advanced manufacturing, high-bandwidth memory and new packaging technologies are reshaping the semiconductor industry.…
Microchip Technology Incorporated, a leading provider of smart, connected, and secure embedded control solutions, today…
Mobileye is entering one of the most significant periods in its history. Alongside stronger-than-expected second-quarter…