* Kaushik Banerjee and Homan Milani join JPMorgan ( JPM ) as

managing directors from BofA

* Banerjee and Milani bring extensive deal experience in

semiconductors and internet sectors

* JPMorgan ( JPM ) expands tech investment banking, tops league

tables for tech deal fees, Dealogic reports

By Milana Vinn

NEW YORK, April 22 (Reuters) - JPMorgan ( JPM ) has

hired two veteran technology bankers from Bank of America ( BAC ) as it

continues to expand its tech investment banking group, according

to an internal memo seen by Reuters.

The bank has added a top semiconductor investment banker Kaushik

Banerjee and a veteran internet investment banker, Homan Milani,

according to the memo by the bank's Global Co-Heads of

Technology Investment Banking Greg Mendelson and Chris Grose.

Banerjee, the global head of semiconductor investment

banking and electronics at BofA, will join as a managing

director and continue to focus on supporting semiconductor and

electronics clients.

Milani, who was BofA's head of Americas internet investment

banking, will join JPMorgan ( JPM ) as a managing director and co-head

of its AI effort.

BofA declined to comment.

Banerjee, who spent four years at BofA, has emerged as one of

the rainmakers after advising on nearly a dozen marquee

transactions in the semiconductor sector, including:

* ASML's $1.4 billion investment in Mistral AI

* IonQ's $1.8 billion acquisition of Skywater

* the $8.2 billion sale of National Instruments to Emerson

* the $1.45 billion sale of EA Elektro-Automatik to Fortive ( FTV )

* the $339 million sale of Transphorm to Renesas

* the $600 million sale of AMI to THL Partners

* Bain's acquisition of Somacis for an undisclosed amount

While at Bank of America ( BAC ), he also advised on the restructuring

of Renesas' $2.1 billion investment in Wolfspeed, Intel's

approximately $400 million minority sale of IMS and the $1

billion minority investment in Coherent's silicon carbide

semiconductor business.

As a leading internet banker at Bank of America ( BAC ), Milani had

worked on M&A advisory and financing deals for DoorDash ( DASH )

, Unity Software ( U ), Lyft Inc ( LYFT ), Zillow Group ( ZG )

, RealReal Inc ( REAL ), Match Group ( MTCH ), Grindr ( GRND ),

Pinterest Inc ( PINS ), Affirm Holdings ( AFRM ), SoFi

Technologies ( SOFI ), Opendoor Technologies ( OPEN ), and Snap

Inc ( SNAP ), among others.

In the memo, Mendelson and Grose also said that Riaz

Ladhabhoy, a managing director in the technology group, has been

appointed as a vice chair focused on supporting its global

semiconductors practice.

JPMorgan ( JPM ) has doubled down on growing its technology

investment banking and M&A groups in recent years, emerging at

the top of the league tables for fees from U.S. and global tech

deals signed in the first quarter, according to data compiled by

Dealogic.

JPMorgan ( JPM ) hired about a dozen senior tech bankers last year.

(Reporting by Milana Vinn in New York; Editing by Dawn Kopecki,

Jamie Freed and Chizu Nomiyama )