Mainland China’s chip design firms are anxiously waiting for any further updates from Taiwan Semiconductor Manufacturing Company (TSMC), after the world’s most advanced contract chip manufacturer paused 7-nanometre node services for some artificial intelligence (AI) chip clients in the world’s largest semiconductor market by consumption. TSMC last week told graphics-processing-unit (GPU) and AI-accelerator clients on…
The Shanghai-based chipmaker said its third-quarter revenue rose 34 per cent from a year earlier to US$2.17 billion. Net profit for the quarter reached US$148.8 million, up 58.3 per cent from a year earlier. “The company achieved for the first time more than US$2 billion in quarterly revenue during the third quarter, representing a record…
The Hong Kong stock market has recently experienced a notable surge, buoyed by China’s comprehensive stimulus measures aimed at revitalizing its economy. This positive sentiment has created an opportune environment for investors to explore stocks that may be trading below their intrinsic value. In the current market landscape, identifying undervalued stocks involves looking for companies…