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2. NVIDIA and AMD are developing ARM architecture PC chips
According to reports, NVIDIA and AMD are developing ARM based CPUs for Windows PCs, which will be released as early as 2025. For many years, Qualcomm's Snapdragon processors have been specifically designed to support ARM based Windows PCs. However, Microsoft's exclusive agreement with Qualcomm will expire in 2024.
3. The US government has notified Nvidia that the latest AI chip regulation has come into effect
NVIDIA issued an 8-K announcement on October 24th, stating that it has received a notice from the US government titled "Implementing Additional Export Controls: Certain Advanced Computing Projects; Supercomputers and Semiconductor Enduses; Updates and Corrections". The US government requires NVIDIA to immediately take effect this AI chip export control measure.
4. Infineon completes its acquisition of GaN Systems and becomes a leading GaN manufacturer
Last week, Infineon completed its acquisition of GaN Systems, which will enable Infineon to develop more gallium nitride based products. In addition, Infineon has opened a new laboratory for developing quantum electronics and artificial intelligence algorithms to detect differences in power systems.
5. Nokia to lay off 14000 employees
According to CNN News, Nokia stated in a statement last Thursday that in response to the weak market environment, the Finnish telecommunications giant will lay off up to 14000 employees to reduce costs.
Nokia is a 5G device supplier with 86000 employees. The new layoff plan will reduce the number of employees to 72000 to 77000. Nokia stated that it will "take swift action" to make changes.
6. The merger negotiations between Armor and Western Data ended in failure
On the 30th, the merger negotiations between Japanese NAND flash memory manufacturer Kioxia and Western Data failed due to opposition from SK Hynix.
7. Volkswagen plans to lay off 2000 employees
According to Reuters, as part of its restructuring plan, Volkswagen plans to lay off 2000 employees for its struggling software department Cariad, and the layoff plan will also further delay its long-awaited new software architecture.
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