NEO Semiconductor unveils its 3D NAND flash and DRAM

NEO Semiconductor, a start-up based in San Jose, California, unveiled its "3D X-DRAM", described at the world's first 3D NAND-like DRAM cell array. Relevant patent applications were published with the United States Patent Application Publication on April 6, 2023.NEO Semiconductor said its cell array structure is based on capacitor-less floating body cell technology. It can be manufactured using today's 3D NAND-like process and only needs one mask...

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Arelion adds to its U.S. network

Arelion announced a new route from Denver to the San Francisco Bay Area, connecting through Salt Lake City and Reno. The new route leverages the latest open optical line systems and supports multi-vendor transponders and coherent pluggable components to deliver multi-terabit scale capacity, enabling 10G, 100G and 400G Wavelengths deliveries with aggressive lead times for the global carrier's customers.Arelion said its network now provides enhanced...

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Qualcomm's revenue dips 17% to $9.2B due to inventory and macroeconomics

 Citing challenges in the macroeconomic environment and elevated channel inventory, Qualcomm reported quarterly revenues of $9.275 billion, down 17% compared to the same period a year ago. Diluted earnings per share (EPS) amounted to $1.52, down 41% compared to a year ago.“As we navigate this challenging environment, we remain focused on the critical factors we can control to emerge stronger from this downturn – our leading technology roadmap,...

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Infinera posts Q1 revenue of $392 million, up 16% yoy

Infinera reported Q1 GAAP revenue of $392.1 million compared to $485.9 million in the fourth quarter of 2022 and $338.9 million in the first quarter of 2022.GAAP gross margin for the quarter was 37.5% compared to 37.1% in the fourth quarter of 2022 and 32.9% in the first quarter of 2022. GAAP operating margin for the quarter was (2.4)% compared to 5.2% in the fourth quarter of 2022 and (10.8)% in the first quarter of 2022. Non-GAAP gross margin for...

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Equinix posts sales of $2.0 billion, up 15% yoy

 Equinix posted quarterly revenue of approximately $2.0 billion, a record quarter-over-quarter step up of $127 million and up 15% over the same quarter last year. Net income amounted to $259 million, a 101% increase over the previous quarter, primarily due to higher income from operations and lower net interest expense.Charles Meyers, President and CEO, Equinix, states: "We had a strong start to the year, delivering nearly $2 billion of revenue...

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Matt Murphy appointed Chair of Marvell's Board

Marvell Technology announced the appointment of Matt Murphy as Chair of its Board of Directors, replacing Rick Hill, who has served as Chair of the Board since 2016 and who will be retiring from the Board at the end of his current term to focus on philanthropic activity in Latin America. The Board has also appointed Michael Strachan, a Marvell Director since 2016, to become Lead Independent Director. Murphy currently serves as President and CEO of...

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