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Lam Research Forges Strategic Alliance with CEA Leti, Bolsters Leadership Amid Surging AI Chip Demand

Semiconductor equipment giant Lam Research announces a multi-year R&D partnership with French research institute CEA Leti to pioneer next-generation chip technologies for AI and high-performance computing. The move coincides with key leadership changes, including the appointment of Cadence CEO Dr. Anirudh Devgan to its board, signaling a strategic push to integrate design and manufacturing.

Business

Skyworks Beats Q4 Estimates but Faces Inventory and Demand Headwinds

Skyworks Solutions (SWKS) reported stronger-than-expected Q4 revenue and profit, while issuing surprisingly upbeat near-term guidance. However, the wireless chipmaker continues to grapple with year-over-year sales declines and a notable build-up in inventory, raising questions about the sustainability of its recovery amid a cyclical industry downturn.