iDEAL Semiconductor looks to develop affordable electric car chips, gets fresh fund of $40 million
The company is planning to roll out the first chip later this 2023
iDEAL Semiconductor on May 16 said it has raised a new round of funding and is releasing a new technology that can make chips for electric vehicles (EVs) and data centers more efficient while using cheap, readily available materials, Reuters reported May 16.
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