Indie Semiconductor to Acquire Ams OSRAM's Fabless CMOS Image Sensor Business for €40M
Indie Semiconductor, Inc. announced it has reached an agreement to acquire ams OSRAM’s fabless CMOS image sensor business for €40 million. The deal includes €35 million cash at closing and a €5 million vendor note due two years later, giving Indie access to high‑performance sensors for industrial automation, ADAS and AI applications. The acquisition positions Indie to tap the projected $40 billion image‑sensor market.

USA Rare Earth Secures $1.6B Funding From U.S. Commerce Department
USA Rare Earth announced it has signed definitive agreements with the U.S. Department of Commerce to receive nearly $1.6 billion in funding under the CHIPS Act, comprising $277 million in federal grants and up to $1.3 billion in senior secured...

Foxconn, Radiall, and Thales Launch Tessalia Joint Venture to Produce 50M SiP Units Annually
Foxconn, Radiall, and Thales have formed Tessalia Technology SAS, a joint venture focused on semiconductor assembly and testing. The JV aims to produce over 50 million system‑in‑package units per year by 2033, backed by a projected investment of more than...
XCENA Raises $135M Series B to Accelerate Deployment of Memory-Centric Computing Solutions
XCENA, a provider of memory‑centric computing solutions for AI infrastructure, announced the closing of a $135 million Series B financing round co‑led by Atinum Investment and IMM Investment. The round also saw participation from a broad group of strategic investors, bringing total...
Majestic Labs Raises $100M Series A to Build Memory-Pooled AI Servers
AI chip startup Majestic Labs announced a $100 million Series A round to fund development of its memory-pooled AI server architecture, which can deliver up to 100 TB of DRAM per accelerator. The funding will support the design of a...
Lattice Semiconductor to Acquire AMI in $1.65 B Cash‑and‑Stock Deal
Lattice Semiconductor announced it will acquire open‑source firmware developer AMI in a cash‑and‑stock transaction valued at $1.65 billion. The deal combines Lattice’s low‑power FPGA technology with AMI’s firmware and infrastructure management solutions for cloud and AI data centers. AMI, currently majority‑owned...

Semiconductor Startup HrdWyr Raises $13 Million in Series A Led by Ideaspring Capital
Semiconductor startup HrdWyr announced a $13 million Series A round led by Ideaspring Capital, with participation from Singularity AMC, Avatar Growth Capital, and Persistent Systems. The funding will accelerate development of its AI‑native System‑on‑Chip products and expand its global customer base.
Renesas Electronics Completes Acquisition of Irida Labs to Expand Vision AI Software Capabilities
Renesas Electronics Corporation announced that its subsidiary has completed the acquisition of Greece‑based Irida Labs, a developer of embedded vision AI software. The deal, terms undisclosed, strengthens Renesas’ edge AI and semiconductor portfolio and will integrate Irida Labs’ tools into...

BigEndian Semiconductors Secures $6M Pre-Series A Funding Led by IAN Alpha Fund
Bengaluru‑based fabless startup BigEndian Semiconductors raised $6 million in a pre‑Series A round led by IAN Alpha Fund, with participation from Vertex Ventures SEA & India and IvyCap Ventures. The capital will be used to commercialise its first system‑on‑chip, expand...

Pavestone VC Invests $5M in AI Compute Startup Tsavorite
Hyderabad‑based venture capital firm Pavestone VC has invested $5 million in deep‑tech AI compute startup Tsavorite Scalable Intelligence. The funding will accelerate product development and go‑to‑market efforts for Tsavorite’s full‑stack AI compute platform. The round was announced on Monday, with Pavestone...

Cerebras Systems Seeks to Raise $3.5 Billion in US IPO
AI chipmaker Cerebras Systems Inc. announced plans to raise up to $3.5 billion by offering 28 million shares at $115‑$125 each in a US initial public offering. The confidential filing with the SEC confirms the company's intent to list on a US...

Aixtron Raises €450M (~$495M) via Zero‑coupon Convertible Bond
Aixtron SE raised €450 million (≈$495 million) by issuing its first zero‑coupon convertible bond, which will mature in April 2031. The bond was placed in April 2026, providing the company with additional financial flexibility to support growth initiatives, including a new production site in...

OpenLight Secures $50M in Extended Series A Funding
OpenLight, a silicon photonics startup, raised an additional $50 million in an extended Series A round, bringing its total funding to $84 million. The round was led by Matter Venture Partners with participation from Acclimate Ventures, Catapult Ventures, and existing backers Xora Innovation,...

Lightelligence Goes Public on Hong Kong Stock Exchange, Valued at $10.2B
Lightelligence, a silicon photonics AI chip maker, listed on the main board of the Hong Kong Stock Exchange on April 28, 2026 under code 1879. The IPO valued the company at over HKD 80 billion (approximately $10.2 billion), making it the first publicly...

Marvell Acquires Polariton Technologies
Marvell announced the acquisition of Polariton Technologies, a Swiss developer of plasmonics‑based silicon photonics devices. The deal expands Marvell's portfolio in optical connectivity and data‑center solutions. Financial terms were not disclosed.