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tsmc

EU approves German state aid for US$11 billion TSMC joint-venture chip plant

by Anas Siddiqui
EU approves German state aid for US billion TSMC joint-venture chip plant

“This is a true win-win situation for all of us,” EU Commission President Ursula von der Leyen said at a ceremony in Dresden, the heart of Germany’s “Silicon Saxony” chip-making …

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Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

by Anas Siddiqui
Apple supplier Foxconn sees revenue rising as AI server demand nudges profit up

Apple’s main contract manufacturing partner, Foxconn Technology Group, said it expects revenue to grow in the current quarter and for the rest of year, after reporting a profit rise boosted …

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Intel Sells Stake in Chip Designer Arm Holdings

by Maya Ortiz
Intel Sells Stake in Chip Designer Arm Holdings

Intel, which is cutting thousands of jobs as it struggles to stay relevant in the chip industry, sold its 1.18 million share stake in British chip firm Arm Holdings in …

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Chip frenzy: AI promise propels semiconductor shares across Asia

by Anas Siddiqui
Chip frenzy: AI promise propels semiconductor shares across Asia

Taiwan Semiconductor Manufacturing Co’s (TSMC) value soared by NT$1 trillion (US$30 billion) on Thursday amid a global chip stock frenzy fuelled by artificial intelligence (AI), which has become a key …

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Nvidia passes Apple as world’s second-most valuable firm, as ASML overtakes LVMH in Europe

by Anas Siddiqui
Nvidia passes Apple as world’s second-most valuable firm, as ASML overtakes LVMH in Europe

Nvidia was already the world’s most valuable semiconductor firm. Now, it has become the first computer-chip company ever to hit US$3 trillion in market capitalisation. Shares of the Santa Clara, …

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TSMC’s new chairman affirms forecast of AI-fuelled global semiconductor market recovery in 2024

by Anas Siddiqui
TSMC’s new chairman affirms forecast of AI-fuelled global semiconductor market recovery in 2024

Wei’s ascension signifies a changing of the guard at a company founded by Morris Chang and today sits at the heart of the global AI boom. People visit Taiwan Semiconductor …

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New Nvidia Blackwell GPUs put China further behind global leading edge in AI chips amid US sanctions

by Anas Siddiqui
New Nvidia Blackwell GPUs put China further behind global leading edge in AI chips amid US sanctions

Blackwell platform chips are expected to enter the market in the third quarter and take up just under 10 per cent of the high-end graphics processing unit (GPU) market, according …

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Nvidia CEO Jensen Huang leads US chip bosses to Taiwan’s Computex tech expo, with AI in focus

by Anas Siddiqui
Nvidia CEO Jensen Huang leads US chip bosses to Taiwan’s Computex tech expo, with AI in focus

The path to AI breakthroughs is paved with semiconductors and servers, many of which are made or assembled in Taiwan. “Last year was already hot because of AI. And this …

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China’s $47B semiconductor fund puts chip sovereignty front and center

by Edgar Davis
China’s B semiconductor fund puts chip sovereignty front and center

China has closed a third state-backed investment fund to bolster its semiconductor industry and reduce reliance on other nations, both for using and for manufacturing wafers — prioritizing what is …

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China’s SMIC ranks as world’s third-largest chip foundry by sales in first quarter on back of strong domestic demand

by Anas Siddiqui
China’s SMIC ranks as world’s third-largest chip foundry by sales in first quarter on back of strong domestic demand

Semiconductor Manufacturing International Corp (SMIC), mainland China’s biggest contract chip maker, has become the world’s third-largest integrated circuit (IC) foundry by sales for the first time on the back of …

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