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2. Cyient’s $100M chip bet 🧠
Cyient, an India based tech and engineering solutions company, is investing $100 million to grow its custom semiconductor operations.
Why it matters: custom chips are becoming critical for sectors like EVs and smart grids that need efficient, specialized hardware. By investing in R&D and focusing on chip design, Cyient is tapping into a fast-growing, high-demand segment of the tech market.
It also strengthens India’s position in the global semiconductor space by building brainpower-driven, design-led solutions that are both cost-effective and scalable.
Background: Cyient has already delivered 40 custom chips to clients and now plans to double down by operating the chip unit as a separate, wholly owned subsidiary.
The company also hinted at a future IPO for the chip unit.
Zoom out: more local chip design means less reliance on imports—and more control over critical tech like EVs, smart meters, and telecom gear.
