The first thing to mention is that these grades are all manufactured identically, and their performance is measured so that they can be put into one of these three bins. There might only be two real bins, but at this point it's speculation.
The temperature plays a part in the speed as well - the higher the temperature, the lower the maximum clock frequency. At cold temperatures, the chip will run faster. Cold temperature failures are usually hard failures, in the sense that reducing clock frequency won't fix things. "Worst case" depends on your application. Here are a few scenarios that could happen.
- The PLL could fail, and the chip would not operate.
- The memory could enter a failure mode (can't write or can't read reliably)
- Data corruption due to datapath hold-time violations
- Improper behavior due to hold-time violations
- Excessive EMI due to uncontrolled transitions in the output busses
There is a distinct possibility that they only qualified the industrial temperature range part because a wider specification means more time and money. In that case, all grades will probably work down to -40C. There may also be more durable packaging with the industrial range part.
If you are using this part for a hobby project, you may be comfortable "risking it". You may also be able to qualify individual parts, but any manufactured device will be a tough sell without the wide temperature range chips.
Atmospheric pressure, or the lack thereof, does affect electronic components. Components in low to near-zero pressure tend to outgas, and while ICs are relatively simple to condition for this, parts like electrolytic capacitors will fail. Hence, components specifically designated for zero-pressure are used instead.
Radiation affects ICs in two ways:
Firstly, semiconductor behavior changes significantly under increased ionizing radiation, such as exists outside the earth's protective atmosphere, and in the highly ionized belts of the stratosphere. Hence, radiation-hardened parts are manufactured specifically for such purposes, and are used in space electronics.
Secondly, under normal operation (on the ground) the thermal output of any IC gets removed from the package by a combination of radiation and by being carried away passively by moving air... In low pressure or vacuum, only radiation of heat works, not passive air-borne cooling, thus changing thermal dissipation calculations for any component.
Thus non-traditional cooling mechanisms and considerably greater distribution of conductive cooling paths are required.
Regarding gas-related precautions for space electronics: Manned space vehicles have sometimes used oxygen enriched environments. This leads to a necessary rethinking of such circuit design elements as PCB spark gaps, which could lead to catastrophe.
Also, non-design sparking, such as due to motor / coil field collapse, metal contacts of switches, or just a loose connection, need to be eliminated entirely - much more critical than for normal earth atmosphere. Silicone-filled contact casings, like the classic oil-filled switches, are worth considering. Similarly, space-safe epoxy potting of practically all exposed metal including PCB traces, is a way to go.
Further, there is the whole thermal operation range to be considered, especially for unmanned craft: From very hot (due to solar exposure without atmospheric protection), to very cold (due to no "atmospheric" heat when facing away from the sun).
This cyclic heating and cooling causes potential metal fatigue, junction stress and fracture such as at solder joints, and loose contacts due to uneven mechanical expansion and contraction between different materials.
Finally, not all semiconductor components are specified for extremely low temperatures. While heat might be an obvious concern, cold is an equally big issue. Some parts are specifically manufactured, and tested, for extreme low temperature operation. For other parts, the component behavior changes need to be taken into design consideration. For instance, the simplest PTC resettable fuse is no longer a trivial circuit element in space electronics.
I hope this has given an insight into just some of the factors around your question. For the rest, a search engine is your best bet.
Best Answer
Most electronic components are rated to withstand storage temperatures of -25°C or lower, so -30 might be a bit on the low side for a few parts, at least according to the data sheet limits. Electrolytic capacitors and batteries are among the items which may have issues.
It's usually thermal cycling that causes problems rather than cold temperatures per se. As little as a few thousand thermal cycles can cause problems in some cases.
Many parts can withstand cooling to 77K (-196°C) or 4K (-269°C) a few times without damage.
Assembled units (and I think especially with Pb-free solder, which seems to be more brittle than Sn-Pb solder)- I would be particularly wary of extreme cold with units incorporating BGAs, just because of my personal experience with failures and due to the difference in CTE between ceramic and FR4 PCB materials. TQFP and other packages have a bit more 'give' (available compliance motion) in that the leads can bend a bit.