Microchip Technology Accelerates Restructuring: Premature Arizona Fab Closure and Mass Layoffs
Microchip Technology Accelerates Restructuring: Premature Arizona Fab Closure and Mass LayoffsMicrochip Technology recently announced a series of additional restructuring measures aimed at reducing costs and right-sizing its manufacturing operations, which will have a profound impact on the company's future operations and strategy. Central to this restructuring is the early closure of its Tempe, Arizona wafer fabrication plant (Fab2) and significant layoffs across multiple locations, further highlighting the challenging conditions currently facing the global semiconductor industry...
ZhiPu AI Secures Over RMB 1 Billion in Strategic Funding to Accelerate GLM Large Model Open-Sourcing and Industrial Applications
ZhiPu AI Secures Over RMB 1 Billion in Strategic Funding to Accelerate GLM Large Model Open-Sourcing and Industrial ApplicationsOn March 3rd, ZhiPu AI, a leading artificial intelligence company, announced it has secured over RMB 1 billion (approximately USD 145 million) in strategic funding. Investors include Hangzhou City Investment Industrial Fund and Shangcheng Capital...
