SAN JOSE, Calif.--(BUSINESS WIRE)-- Lumentum Holdings Inc. (“Lumentum”), a global leader in optical and photonic solutions for cloud and networking applications, today announced plans to establish a new U.S. manufacturing facility in Greensboro, North Carolina. The 240,000-square-foot facility will produce advanced indium phosphide (InP)-based optical devices that serve as critical components in the world’s largest AI data centers.

The Greensboro site was acquired from Qorvo, a semiconductor chipmaker, and was selected for its highly skilled workforce, robust infrastructure, and supportive federal and state economic development environment.

Under the framework agreement, upon closing of the transaction, Tower will gain full ownership and operational control of TPSCo’s 12‑inch fab and foundry business, while TPSCo’s 8‑inch fab and foundry business will remain within TPSCo, which will become a wholly owned subsidiary of NTCJ, for consideration of $25 million payment by NTCJ to Tower on the closing date. The companies will work collaboratively to ensure continuity without interruption of customer engagements, ongoing operations and development programs, as well as employee stability, across both facilities. In addition, each party will provide production services to the other party that currently fabricates products at the other party’s facility, for its customers, among other services to enable the business of each separate facility.

SEOUL, March 24 (Yonhap) -- SK hynix Inc. on Tuesday decided to purchase advanced production equipment worth 12 trillion won (US$7.9 billion) from the Netherlands-based ASML, in line with efforts to address growing demand for memory chips.

The South Korean chipmaker announced the decision through a regulatory filing, noting the equipment, extreme ultraviolet (EUV) scanners, will be delivered by December 2027 for its next-generation production processes.

Elon Musk on Saturday announced what he calls the "Terafab," a semiconductor manufacturing plant to be located in Austin, Texas, that will produce chips for Tesla vehicles, SpaceX spaceships and Optimus humanoid robots. Currently, Musk's companies rely on other semiconductor manufacturers, including Samsung, to provide chips.

In a half-hour presentation on Saturday, Musk outlined his rationale for the Terafab factory, and it goes far beyond electric cars and robots. The new plant will manufacture the type of potent chips that Musk says are needed to transform humankind into "a galactic civilization," evoking the fictional worlds depicted by authors such as Isaac Asimov and Iain Banks.

On the evening of March 20, leading image sensor chip designer OmniVision Group (603501.SS) announced plans to invest 1 billion yuan (~$145 million) in cash into Rongxin Semiconductor (Ningbo) Co., Ltd. The move aims to deepen strategic synergy with an upstream wafer foundry and strengthen supply chain security in response to the increasingly prominent trend of localization in the global semiconductor industry chain.

Nvidia Corp chief executive officer Jensen Huang said the company is spinning up manufacturing of the H200 artificial intelligence (AI) accelerators for customers in China, a sign of progress in the chipmaker’s effort to re-enter the market.

At a news conference on Tuesday, Huang said Nvidia had been licensed for “many customers in China” for H200 sales and is in the process of “restarting our manufacturing.”

BOISE, Idaho, March 15, 2026 (GLOBE NEWSWIRE) -- Micron Technology, Inc. (Nasdaq: MU) today announced it has completed the acquisition and assumed ownership of Powerchip Semiconductor Manufacturing Corporation’s (PSMC) P5 site in Tongluo, Miaoli County, Taiwan, under the acquisition agreement previously announced on January 17, 2026.

The new site will complement Micron’s existing operations in Taiwan as an extension of the company’s vertically integrated mega campus in Taichung, located approximately 15 miles away. The site includes approximately 300,000 square feet of existing 300mm cleanroom space and will support Micron’s efforts to expand supply of leading-edge DRAM products, including HBM, to meet growing AI-driven demand.

SOPOT, Poland, March 13 (Reuters) - STMicroelectronics unveiled plans on Thursday to retrain workers and deploy robots in its older chip manufacturing ‌plants, avoiding closures as the European semiconductor giant navigates industry challenges.

At a ‌semiconductor conference in Sopot, Poland, hosted by industry group SEMI, Thomas Morgenstern, STMicro's head of manufacturing, showed ​a video of a robot placing a silicon wafer carrier into a machine.

ASE on Tuesday broke ground on a third facility at its Nanzih technology park in Kaohsiung, adding new testing and logistics capacity as demand rises for AI and other high-performance chips. The project carries a planned investment of NT$17.8 billion (US$540 million). It is expected to create about 1,470 jobs, and is slated for completion in 2028, per CNA.

On Tuesday, the Eindhoven city council gave the green light to amend the zoning plan so that ASML can construct a large new campus in the city, Omroep Brabant reported. The Veldhoven-based chip machine maker’s second location at the Brainport Industries Campus near Eindhoven Airport will eventually accommodate 20,000 new employees.

The province of Noord-Brabant also approved the plan with which ASML intends to compensate for the environmental impacts of the construction of its new campus and granted the applicable permit, ANP reported. Provincial Executive Member Saskia Boelema said that the province applied the strictest possible assessment. “We have determined that there are no alternatives. There are compelling reasons of significant public interest, and the environmental compensation has been sufficiently developed.”