Multibeam is expanding its electronic beam lithography (EBL) production systems in Taiwan by partnering with Marketech International Corp (MIC) to strengthen customer service and accelerate equipment installation for semiconductor manufacturers.

Multibeam Corp. raised $31 million in Series B funding led by Onto Innovation and Lam Capital to accelerate development of advanced E-Beam Lithography production solutions for semiconductor technologies, particularly targeting AI and advanced packaging applications.

The global panel level packaging market is expected to grow from $0.81 billion in 2025 to $11.13 billion by 2033, driven by the rising demand for consumer electronics, semiconductor devices, and applications in automotive and aerospace industries.

The article discusses recent updates in the AI semiconductor industry, focusing on companies like AMD, Nvidia, Onto Innovation, and TSMC. It provides insights into the performance and potential of these companies in the AI semiconductor market.

MKS Instruments, a global provider of enabling technologies, was awarded the 2024 Supplier Excellence Award for Innovation by Onto Innovation, a leader in process control solutions for the semiconductor industry. The award recognizes MKS's innovative precision motion solution that contributed to Onto Innovation's success.

Semiconductor stocks and ETFs rallied despite a drop in Nvidia's shares, as traders maintained confidence in the broader market. Competitors of the AI giant experienced a marked rally, defying the usual trend of closely following Nvidia's performance.

Onto Innovation Inc. has appointed Dr. Stephen Schwartz, a veteran with over 25 years of experience in the semiconductor and life sciences industries, to its board of directors. The company believes Dr. Schwartz's expertise will bring valuable insights to Onto Innovation's strategic direction.

EchoStar Corporation has unveiled the Open RAN Center for Integration and Deployment (ORCID) at its Cheyenne, WY, data center facility. ORCID aims to advance the development, deployment, and adoption of open and interoperable standards-based radio access networks (RAN). The initiative is expected to boost the O-RAN ecosystem by transitioning from lab-based trials to real-world commercial deployments.

Onto Innovation has unveiled its glass substrate suite, including the JetStep X500 panel-level packaging lithography system and the Firefly G3 sub-micron automatic metrology and inspection system, to address the growing demands of the advanced IC substrates (AICS) market, which is projected to witness a 10% CAGR from 2023 to 2028.

Verizon Communications is committed to maintaining uninterrupted services in Hawaii during potential power outages caused by wildfires. The company maintains backup power resources to keep its network operational, ensuring customers can use their mobile and electronic devices without any network-related issues.

SAP SE's stock has gained 31.4% in the past year, outperforming the broader market. The company's focus on expanding its cloud business and leveraging generative AI trends is driving its growth, despite some headwinds like softness in the software license and support segment and global macroeconomic challenges.

PTC Inc's shares have been performing well, gaining 30.2% year-to-date, driven by solid financial performance and the company's focus on the software-as-a-service transition and the Service Lifecycle Management segment. However, forex volatility and stiff competition in the PLM and CAD spaces remain headwinds.