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EU approves German state aid for US$11 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…

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New Business Jobs

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…

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Tech

Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

The results did not rock the broader chip industry. The symbol for Intel appears on a screen at the Nasdaq…

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Tech

US sanctions on China send Taiwan tech exports to mainland, Hong Kong surging

Taiwanese exports of hi-tech goods to China have accelerated in recent months as Chinese companies look to end their reliance…

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Tech

Why is the US trying to control China’s access to semiconductor supplies?

The imposition of US sanctions that cut off Huawei’s access to advanced chips has accelerated Beijing’s desire to become self-sufficient…

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Tech

TSMC forecasts record growth, rejects US joint venture amid AI surge

Taiwan Semiconductor Manufacturing Company (TSMC) has raised its revenue forecast for 2024, citing strong demand for chips in AI applications.…

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Tech

Nvidia chip supplier TSMC’s sales surge past expectations on AI infrastructure demand

Businesses around the world are racing to buy up hardware, such as Nvidia chips, to build up AI-supporting infrastructure. That…

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Tech

TSMC gears up for mass production of 3-nanometre chips for high-end computers and 5G phones

Taiwan Semiconductor Manufacturing Co (TSMC), the world’s biggest contract chip maker, is gearing up to roll out its newest chip…

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Tech

SMIC urges China’s chipmakers to embrace advanced packaging as Moore’s Law slows nanometre node progress and US sanctions bite

Chinese chip makers should focus on developing advanced packaging technologies to overcome their weakness in nanometre process nodes, according to…

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