By Max A. Cherney, Jeffrey Dastin, Dawn Chmielewski, Fanny Potkin and Stephen Nellis (Reuters) – Pat Gelsinger took the reins as Intel CEO three years ago with hopes of reviving the American industrial icon. He soon made a big mistake. Intel had a sweet deal going with Taiwan’s TSMC, the giant manufacturer of semiconductors for…
By Krystal Hu, Fanny Potkin and Stephen Nellis (Reuters) – OpenAI is working with Broadcom and TSMC to build its first in-house chip designed to support its artificial intelligence systems, while adding AMD chips alongside Nvidia chips to meet its surging infrastructure demands, sources told Reuters. OpenAI, the fast-growing company behind ChatGPT, has examined a…
By Karen Freifeld (Reuters) -Taiwan Semiconductor Manufacturing Company notified the U.S. that one of its chips had been found in a Huawei product after tech research firm TechInsights took apart the product and revealed a possible violation of export restrictions on the Chinese company, according to a person familiar with the matter. The teardown was…
(Reuters) -Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt by Huawei to circumvent U.S. export controls prohibiting the chipmaker from producing AI chips for the Chinese company. The U.S. government restricted the export of high-end AI chips to China two years ago, citing the need…
(Reuters) -Taiwan Semiconductor Manufacturing Company (TSMC) said on Tuesday it has informed the United States of a potential attempt to have it manufacture AI chips for China’s Huawei in circumvention of export controls. The U.S. government restricted the export of high-end AI chips to China two years ago, citing the need to limit the Chinese…
Nvidia CEO Jensen Huang at the Bipartisan Policy Center on September 27, 2024, in Washington, D.C.Photo: Chip Somodevilla (Getty Images) In This Story Nvidia (NVDA+4.08%) closed at a record high Monday as Wall Street anticipates Big Tech’s earnings report in November. The pill form of Novo Nordisk’s drug Ozempic can cut the risk of heart…
For centuries, military observers have referred to it as “blood and treasure”. For most of the rest of us, it could be neatly distilled into “wealth and war”. History is littered with examples of nations battling for control of everything from spices to oil, gold and strategic superiority over technology. The latest battleground centres around…
US officials suspect that TSMC might have indirectly supplied smartphone or AI chips to Huawei by working through an intermediary, potentially breaching the sanctions read more The US Commerce Department is investigating whether Taiwan Semiconductor Manufacturing Company or TSMC, as they are poln may have violated China-related sanctions. If the findings don’t go in TSMC’s…
Revenue: USD23.5 billion for Q3 2024, above guidance. Revenue Growth: 12.8% sequential increase in NT. Gross Margin: 57.8%, increased by 4.6 percentage points sequentially. Operating Margin: 47.5%, increased by 5 percentage points sequentially. EPS: TWD12.54 for Q3 2024. ROE: 33.4% for Q3 2024. Cash and Marketable Securities: TWD2.2 trillion (USD69 billion) at the end of…
Topline Chip stocks rallied Thursday as the Taiwanese manufacturing partner for American artificial intelligence stalwart Nvidia reported blowout earnings, scoring a trillion-dollar valuation for the Asian firm as the generative AI bonanza continues to inspire new records on Wall Street. The lobby of the TSMC facility in Phoenix last year. The Washington Post via Getty…