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LATEST NEWS2 Min Read
STMicroelectronics has been named a Global Top Employer for 2026 by Top Employers Institute, marking the company’s second consecutive year receiving the certification.
This year, STMicroelectronics is one of only 17 organizations worldwide to earn Global Top Employer status. The recognition covers ST entities in 41 countries and reflects performance across Top Employers Institute’s HR Best Practices Survey, which assesses six domains: People Strategy, Work Environment, Talent Acquisition, Learning, Diversity, Equity & Inclusion, and Wellbeing, followed by rigorous validation and audit at both corporate and country levels.
“Top Employer is an annual certification, and its global renewal for the second consecutive year underscores ST’s commitment to best-in-class people practices. In a period marked by significant external challenges, the improved scores recognized by this certification highlight the strength of our HR strategy and our determination to offer an attractive and engaging work environment worldwide,” said Rajita D’Souza, President, Human Resources and Corporate Social Responsibility, STMicroelectronics.
“Achieving Global Top Employer status in 2026 is an extraordinary accomplishment that reflects excellence in individual countries and, crucially, sustained people practices across regions and worldwide,” said Adrian Seligman, CEO, Top Employers Institute. “STMicroelectronics has demonstrated a rare ability to align its people strategy globally while ensuring meaningful, locally relevant experiences for employees in every certified market—this achievement places STMicroelectronics among a select group of employers setting the benchmark for people strategy internationally.”
The global certification is the highest level of recognition offered by Top Employers Institute. Certified organizations gain access to globally benchmarked insights, data-driven recommendations, expert validation, and proven best practices that strengthen people strategy. Benefits include enhanced employer branding, clearer strategic focus, improved decision making, and stronger ability to demonstrate impact to leaders, boards, and talent markets, as well as opportunities to connect with a global community of certified Top Employers.
Original – STMicroelectronics
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GlobalFoundries (GF) announced the appointment of Ganesh Moorthy, former president and CEO of Microchip Technology Inc., to its board of directors.
Moorthy brings more than four decades of semiconductor experience, including transformative leadership at Microchip Technology, where he served as CEO, president and board member until his retirement in November 2024. He previously held senior roles including COO and executive vice president, and earlier spent 19 years at Intel in engineering and executive positions across manufacturing, product innovation and customer-focused execution.
“Ganesh’s deep understanding of semiconductor technology, manufacturing at scale and corporate growth will be a tremendous asset to GF as we continue to execute our strategy and expand our leadership in essential semiconductor technologies,” said Dr. Thomas Caulfield, Executive Chairman of GlobalFoundries. “His leadership experience will help us accelerate innovation and strengthen GF’s role as a trusted partner delivering essential technologies that bring intelligence into the real world.”
“GlobalFoundries is uniquely positioned to bring intelligence to everyday devices through differentiated, power-efficient semiconductors manufactured at scale,” said Ganesh Moorthy. “I’m excited to work with Tom, Tim and the Board to advance GF’s strategy, deepen customer partnerships and accelerate delivery of the technologies customers need to turn innovation into real-world impact.”
Moorthy currently serves as Chair of the Board of Ralliant and sits on the boards of Celanese, SiTime and Ayar Labs. He previously served for more than a decade on the board of Rogers. His appointment supports GF’s long-term growth strategy and commitment to a resilient manufacturing footprint delivering power-efficient, differentiated technologies to customers worldwide.
Original – GlobalFoundries
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Efficient Power Conversion (EPC) announced that the EPC2366, a 40 V enhancement-mode GaN (eGaN®) power transistor, has received the EPDT 2025 Product of the Year Award in the Power Transistor category. The recognition highlights EPC’s leadership in GaN technology for high-efficiency, high-power-density systems spanning data centers, robotics and AI infrastructure.
The EPC2366 targets fast-switching, low-loss applications and is positioned as a superior alternative to legacy MOSFETs in 12 VOUT synchronous rectifiers. It features an ultra-low RDS(on) of 0.8 mΩ and a gate-charge-based figure of merit (RDS(on) × QG) < 12 mΩ·nC, enabling simultaneous reductions in conduction and switching losses for high-frequency power conversion.
The device supports 40 V drain-to-source operation (48 V transient), continuous drain current up to 88 A at VGS = 5 V, and ~360 A pulsed. As an enhancement-mode GaN device, it offers easy gate drive while delivering GaN advantages such as zero reverse-recovery charge and very low output capacitance, which reduce deadtime losses and boost half-bridge and synchronous rectifier efficiency.
Thermal performance is optimized via a compact 3.3 × 2.6 mm PQFN with backside thermal pad. Typical thermal metrics include RθJC ≈ 0.6 °C/W and RθJB ≈ 1.8 °C/W; junction-to-ambient ranges from ~54 °C/W on a JEDEC board to ~26 °C/W on EPC’s recommended evaluation layout. With proper PCB copper spreading and layout, the device supports reliable operation up to a 150 °C maximum junction temperature.
To accelerate design-in, EPC offers the EPC90167 half-bridge evaluation board featuring two EPC2366 devices in a low-parasitic layout. The platform supports 7.5–12 V gate drive, standard PWM logic levels, and single- or dual-input PWM modes (with managed deadtime), providing a practical reference for DC-DC converters, motor drives and other high-current, high-speed stages. Clearly marked test points and recommended bring-up procedures help engineers evaluate switching behavior, thermals and system performance quickly.
“The EPC2366 showcases our ongoing commitment to help engineers design smaller, faster, and more efficient systems that meet the power demands of tomorrow,” said Alex Lidow, CEO and co-founder of EPC. EPDT Editor Mike Green added, “The differentiation achieved with this device, in terms of FoM and power density, will be of clear value to next-generation power system design.”
Optimized for secondary-side synchronous rectification in 48 V–12 V LLC converters, the EPC2366’s leading FoM enables higher switching frequencies and improved efficiency, making it a strong fit for high-density power supplies in AI data centers and other performance-driven applications.
Original – Efficient Power Conversion
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FINANCIAL RESULTS3 Min Read
Aehr Test Systems reported results for its fiscal second quarter ended November 28, 2025, and reinstated guidance for the second half of fiscal 2026.
Fiscal second quarter highlights:
- Net revenue: $9.9 million (vs. $13.5 million in Q2 FY2025)
- GAAP net loss: $(3.2) million, or $(0.11) per diluted share (vs. $(1.0) million, or $(0.03) per diluted share)
- Non-GAAP net loss: $(1.3) million, or $(0.04) per diluted share (vs. non-GAAP net income of $0.7 million, or $0.02 per diluted share)
- Bookings: $6.2 million
- Backlog: $11.8 million as of November 28, 2025; effective backlog $18.3 million including post-quarter bookings
- Total cash, cash equivalents and restricted cash: $31.0 million (vs. $24.7 million at August 29, 2025)
Fiscal first six months:
- Net revenue: $20.9 million (vs. $26.6 million in the first half of FY2025)
- GAAP net loss: $(5.3) million, or $(0.18) per diluted share (vs. $(0.4) million, or $(0.01) per diluted share)
- Non-GAAP net loss: $(1.0) million, or $(0.04) per diluted share (vs. non-GAAP net income of $2.8 million, or $0.10 per diluted share)
- Cash used in operating activities: $1.5 million
CEO Gayn Erickson noted softer-than-anticipated Q2 revenue but highlighted progress across wafer-level burn-in (WLBI) and packaged-part burn-in (PPBI). Based on recent customer forecasts, the company expects second-half bookings between $60 million and $80 million, positioning Aehr for a strong fiscal 2027 beginning May 30, 2026.Operational updates:
- WLBI momentum: Production installations expanded across multiple end markets. A lead AI processor customer requested additional capacity this fiscal year and plans to add systems and transition to Aehr’s fully integrated automatic WaferPak™ aligner for 300 mm wafers.
- New WLBI hardware: Initial high-power fine-pitch WaferPak for AI processors entered testing under a benchmark program with a top-tier AI supplier using FOX-XP™ systems. Two additional AI companies requested WLBI benchmark evaluations.
- Services partnership: Aehr announced a strategic partnership with ISE Labs to deliver advanced wafer-level test and burn-in services for next-generation HPC and AI applications.
- PPBI traction: Growing packaged-part qualification and production burn-in for AI is driving orders for the Sonoma™ ultra-high-power PPBI platform. Fiscal Q3-to-date orders exceed $5.5 million, including initial orders for the next-generation fully automated Sonoma platform from a premier Silicon Valley lab.
- Pipeline and forecasts: New Sonoma wins for HTOL qualification are expected to drive additional capacity at test houses, with at least one customer planning production later this calendar year. The lead PPBI production customer for AI processors forecasts substantial growth in 2026 and beyond, with requested shipments beginning in Q1 fiscal 2027.
- Memory and photonics: WLBI benchmark with a global flash leader demonstrated FOX-XP as a competitive alternative to traditional packaged-part test; proposals extended to High Bandwidth Flash (HBF). In silicon photonics, a lead customer has firmed up a production ramp early in next fiscal year; another large customer finalized a forecast for data center devices with a roadmap to optical I/O.
For the second half of fiscal 2026 (November 29, 2025–May 29, 2026), Aehr expects revenue of $25 million to $30 million and non-GAAP net loss per diluted share between $(0.09) and $(0.05). The company reiterated that diversification beyond silicon carbide for EVs—into AI processors, GaN power, data storage, silicon photonics and flash memory—expands its addressable market and supports long-term growth and profitability.Original – Aehr Test Systems