Nvidia to acquire Hugging Face for $12.9 billion
Nvidia has announced an agreement to acquire Hugging Face, the AI model hub and open-source platform, for USD 12.93 billion.
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PEI-Genesis opens connector assembly facility in Pune, India
US interconnect solutions provider PEI-Genesis has opened a new production facility in Pune, India, its sixth globally and second in the Asia-Pacific region. The facility commenced operations on July 1, 2026, and has already shipped its first customer order.
Sivers Semiconductors to expand photonics manufacturing in Glasgow
Swedish company Sivers Semiconductors is investing USD 30 million to expand its indium phosphide manufacturing facility in Glasgow, Scotland.
Confidee recertified to AS9120 for aviation, space and defence supply chains
Norwegian PCB supplier Confidee has completed its AS9120 recertification, confirming that its quality management system continues to meet the strict requirements of the aviation, space and defence industries. Confidee was originally certified in 2023.
Phison opens first European entity in Germany, appoints regional leadership
Taiwanese NAND flash controller and storage solutions provider Phison Electronics has opened its first local entity in Europe, Phison Electronics Europe GmbH, headquartered in Eschborn, Germany. The company has appointed Ingvar Ersson as GM and President EMEA and Antony Zukowski as Regional Director EMEA.
Indian firm Kepler raises $8 million to build swarm satellites
Indian space tech company Kepler Aerospace is focused on enabling reliable, secure and scalable space missions across strategic, defence and commercial applications, with a focus on persistent, low-latency intelligence from space.
Samsung Electro-Mechanics signs $790M AI server MLCC contract
Including this customer, Samsung Electro-Mechanics has signed long-term MLCC supply agreements (LTAs) with over 10 global companies. The company said it is also in discussions for long-term supply contracts with several global companies.
Semiconductor obsolescence is becoming a structural problem
The gap between how long electronics manufacturers need their products to last and how long component makers are willing to keep producing them is widening. For industries like aerospace, medical and defence – where a product can be in service for twenty or thirty years – the shift toward consumer-driven semiconductor lifecycles is creating a slow-moving crisis that is only now getting the attention it deserves.
Inission secures order from Nofence for Swedish market
Inission has secured a new order from Norwegian Nofence, a developer of virtual fencing solutions for agriculture, with deliveries scheduled over the coming year. The order covers the production of Nofence’s electronic solutions for the Swedish market.
AMD Instinct AI infrastructure goes live in Saudi Arabia through HUMAIN joint venture
AMD, Cisco and Saudi AI company HUMAIN have announced that AMD Instinct MI355X GPU-based infrastructure is now live in Saudi Arabia and serving customers. The three companies also plan to deploy up to 250 MW of additional AI infrastructure from 2027, as part of a joint venture targeting up to 1 GW of total capacity by 2030.
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