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Quantum Systems today announced the signing of its $1.2 billion Series D financing round, valuing the company at  ~ $8 billion on a post-money basis. The round was co-led by Blackstone, Noteus, Airbus and Advent, and supported by a high-calibre syndicate of crossover and long-term institutional investors including BOND, Fidelity Management & Research Company, Wellington Management, A.P. Moller Holding, and Elephant Lake Ventures, as well as existing shareholders such as Balderton and HV Capital.

JetZero broke ground on its first manufacturing and final assembly campus, an 8 million square foot factory on more than 600 acres in Greensboro, North Carolina. The project, supported by the largest ever State-level incentive package for any startup of any industry, will be home to production of JetZero’s next-generation aircraft and will create 14,500 jobs over the next 10 years. JetZero will make the Z4 in Greensboro.

Micron Technology, Inc. and General Motors announced a Strategic Customer Agreement (SCA) to secure a long-term, reliable supply of memory and storage platforms critical to GM’s vehicle production and delivery at scale. Micron and GM are working together to strengthen semiconductor and automotive supply chains while supporting the next generation of U.S. manufacturing and innovation.

Quantum Systems announced the signing of its $1.2 billion Series D financing round, valuing the company at  ~ $8 billion on a post-money basis. The round was co-led by Blackstone, Noteus, Airbus and Advent, and supported by a high-calibre syndicate of crossover and long-term institutional investors including BOND, Fidelity Management & Research Company, Wellington Management, A.P. Moller Holding, and Elephant Lake Ventures, as well as existing shareholders such as Balderton and HV Capital.

Standex International Corporation announced that it has acquired the remaining 9.9% interest in India-based Narayan Powertech (Narayan), a leading manufacturer of low voltage and medium voltage instrument transformers, for approximately $64 million. "We are pleased with the smooth integration of Narayan and Amran. Our internal teams are completely focused on meeting customer demand now and in the future," said David Dunbar, President and Chief Executive Officer of Standex.

AT&S is celebrating the 50th anniversary of PCB volume production at its Austrian site in Fehring and sending a strong signal for the future: With another multi-million euro investment, the company is strengthening its expertise in the PCB business and opening up new growth opportunities in strategically important future markets. “Fifty years of volume production are much more than an anniversary.

TrendForce’s latest memory pricing survey reveals that the DRAM market will remain extremely tight in the third quarter of 2026. However, weaker demand from consumer applications and the impact of a higher comparison base are expected to moderate contract price increases to 13–18% QoQ. Demand for NAND Flash will continue to be driven primarily by AI inference and large-scale data center deployments.

Today, our U.S. offices are closed in observance of Independence Day. This year's celebration is especially meaningful as the United States marks its 250th anniversary, a milestone that recognizes two and a half centuries since the Signing of the Declaration of Independence in 1776. While the official national semiquincentennial is being commemorated throughout this anniversary year, today offers an opportunity to reflect on the ideals that have shaped the country and inspire its future.

Today is a holiday in the U.S., the 250th anniversary of the signing of the Declaration of Independence, the document that launched the 13 British colonies on the path to becoming an independent country. The news, however, continues regardless of the day or the country being celebrated. Here are my top picks for the week. This week, I’m drawing attention to three news items on the shifting component supply chain balance.

The Global Electronics Association announced the May 2026 findings from its North American Printed Circuit Board (PCB) Statistical Program. The book-to-bill ratio stands at 1.60. Total North American PCB shipments in May 2026were up 11.9% compared to the same month last year. Compared to the preceding month, May shipments were up 10.1%. May's year-to-date (YTD) shipments increased by 12.8% year-over-year (YOY). PCB bookings in May were up 102.8% compared to the same month last year.