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Siemens plans to expand its Saskatoon operations by hiring 50 IT employees to support the growing semiconductor market. The company's focus is on developing software for chip design, with an emphasis on AI-powered tools.

This initiative aims to position Saskatoon as a tech hub in Saskatchewan, while also enhancing ties with the University of Saskatchewan. The global semiconductor market is projected to double to $1.4 trillion by 2030, driven by AI demands. Siemens has grown its local workforce from 50 to 350 since acquiring Solido Design Automation in 2017.