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Stock impact report

Chipping In: Billionaire-Founded Unicorn Startup Makes Semiconductor ‘Chiplets' For The AI Boom [Forbes]

United Microelectronics Corporation (NEW) (UMC) 
US:NYSE Investor Relations: umc.com/english/investors/index.asp
Company Research Source: Forbes
To help ramp up production, the three-year-old startup recently raised $200 million in a Series B round from industry giants and its own billionaire cofounders. As tech giants battle to build ever-more powerful AI systems with smaller and faster chips, one newly minted unicorn startup—cofounded by industry veterans, including the billionaire husband-and-wife duo behind Nasdaq-listed Marvell Technology—aims to hasten a potential paradigm shift towards larger and even faster chips using chiplet technology. To help chiplet technology become mainstream, Singapore-based Silicon Box announced in January that it had raised $200 million in a Series B funding round, with participation from BlueRun Ventures' tech-focused growth equity arm BRV Capital, Event Horizon Capital, Maverick Capital, Prasedium Capital, Tokyo-based electronics giant TDK's venture arm TDK Ventures and Taiwan-based semiconductor maker United Microelectronics Corp.'s UMC Capital. Silicon Box's chiplet package. The Show less Read more
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