The global semiconductor market has shrunk over the previous two quarters as weakened demand and geopolitical and economic downturns drive demand down. The third quarter of 2022 saw a drop of US$11 billion in revenues to US$147 billion from Q3 2021’s US$158 billion, according to Omdia's Semiconductor Competitive Landscape Tool (CLT). Revenue quarterly percentage change...

Data centre infrastructure operator Iron Mountain (NYSE: IRM) has expanded its footprint in the US and in Europe via the acquisition of real estate assets. In North America, the group has purchased a 10-acre land parcel and 50+ MVA (expandable to 100+ MVA) substation in Phoenix, Arizona to develop a 36-megawatt, 230,000-square-foot data centre (AZP3). The land is adjacen...

US hosting firm Prime Data Centers has broken ground on a US$1 billion Chicago data centre campus in Elk Grove Village, Illinois. The facility will deliver more than 750,000 square feet and 175 megawatts of capacity at full build-out, creating what the company claims will be the largest data centre campus in Greater Chicago. The first phase of the project, ORD-01, will a...