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tsmc

TSMC halts revenue drop, beats expectations on brisk demand for AI chips from Nvidia, Advanced Micro Devices

by Anas Siddiqui
TSMC halts revenue drop, beats expectations on brisk demand for AI chips from Nvidia, Advanced Micro Devices

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chip maker, saw its fourth-quarter revenue beat estimates of a decline, as demand from artificial intelligence (AI) players helped offset sluggish …

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US$3 billion top Asia fund bets on Tencent again despite China gaming rules, favours Samsung over TSMC in chip market

by Anas Siddiqui
US billion top Asia fund bets on Tencent again despite China gaming rules, favours Samsung over TSMC in chip market

A fund that outperformed most of its peers has added Tencent Holdings back to its portfolio recently, betting on the gaming company’s attractive valuation despite further industry curbs by the …

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Opinion | Risk of Trump’s return overshadows Asia’s 2024 election bonanza

by Walter Watson
Opinion | Risk of Trump’s return overshadows Asia’s 2024 election bonanza

On Saturday, Taiwan will fire the starting gun on a succession of elections in the majority of the world’s most important economies and financial markets. To say the 2024 global …

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ASML Launches EUR 12 Billion Buyback, Upgrades 2025 Forecast

by Maya Ortiz
ASML Launches EUR 12 Billion Buyback, Upgrades 2025 Forecast

ASML, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a EUR 12 billion (nearly Rs. 98,380 crore) share buyback programme to run through 2025. …

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Berkshire Hathaway Purchases $4.1 Billion in TSMC in Rare, Significant Foray Into Tech Sector

by Maya Ortiz
Berkshire Hathaway Purchases .1 Billion in TSMC in Rare, Significant Foray Into Tech Sector

Berkshire Hathaway said it bought more than $4.1 billion (roughly Rs. 33,212 crore) of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire Warren …

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Apple Preparing to Source Chips From US Plant, Plans Expansion in Chip Supply From Europe: Report

by Maya Ortiz
Apple Preparing to Source Chips From US Plant, Plans Expansion in Chip Supply From Europe: Report

Apple is preparing to begin sourcing chips for its devices from a plant under construction in Arizona in the US, Bloomberg News reported on Tuesday. The company may also expand …

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Taiwan Proposes Bigger Tax Breaks for Chipmakers’ Research, Development to Retain Competitive Edge

by Maya Ortiz
Taiwan Proposes Bigger Tax Breaks for Chipmakers’ Research, Development to Retain Competitive Edge

Taiwan’s government on Thursday proposed larger tax breaks for technology companies’ research and development efforts as it seeks to provide further support for the crucial semiconductor industry and stay competitive …

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Chip giant TSMC to promote from within after chairman Mark Liu retires next year

by Anas Siddiqui
Chip giant TSMC to promote from within after chairman Mark Liu retires next year

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s largest contract chip maker, said its board had recommended current CEO and vice-chairman C.C. Wei succeed Mark Liu, who will be retiring next …

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Apple, Google, and Meta to TikTok and Microsoft — Tech Giants Cutting Ties With Russia

by Maya Ortiz
Apple, Google, and Meta to TikTok and Microsoft — Tech Giants Cutting Ties With Russia

As Russia’s invasion of Ukraine continues, global technology companies have joined governments and the international business community in cutting ties with the world’s largest country over its ongoing military actions. …

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Taiwan Raids Chinese Companies, R&D Centres Suspected of Poaching Chip Engineers Illegally

by Maya Ortiz
Taiwan Raids Chinese Companies, R&D Centres Suspected of Poaching Chip Engineers Illegally

Taiwan authorities raided ten Chinese companies suspected of illegally poaching chip engineers and other tech talent this week, the island’s Investigation Bureau said on Thursday, the latest crackdown on Chinese …

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