London AI chip startup OLIX raises $312mA two-year-old London AI chip startup founded by James Dacombe, announced a $312m Series B financing round at a $3.3bn valuation. Wafer fab equipment market set to explodeSemiconductor equipment spending is entering a new growth cycle shaped by geopolitics, sovereignty strategies, and technology roadmaps, despite uneven end-market demand. Wafer Fab Equipment (WFE) sales revenue is expected to grow from $129 billion in 2025 to nearly $220 billion by 2031, a 9% CAGR, with cumulative sales exceeding $1.2 trillion, reports Yole. TSMC ahead of schedule with 1.4nm fabTSMC is ahead of schedule in the construction of its $49 billion 1.4nm fab in Taichung’s Central Taiwan Science Park, reports the Commercial Times. HP buys CXMT DRAMHP, Asus and Acer have started to use CXMT memory, reports the Nikkei.