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Global semiconductor market hit by historical slowdown, drops to $147bn

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...

November 23

Iron Mountain grows global footprint with EU, US data centre acquisitions

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...

November 18

Prime Data Centers begins building $1bn Illinois data centre campus

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...

November 17

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