Gudeng Precision Industrial Co (家登精密), a key supplier of extreme ultraviolet (EUV) and high numerical aperture EUV pods to Taiwan Semiconductor Manufacturing Co (TSMC, 台積電), yesterday said it is confident about artificial intelligence (AI) demand over the next three to five years, brushing off fears
A bipartisan pair of US senators on Monday urged US President Donald Trump’s administration to tighten rules on chip contract manufacturers such as Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) to prevent them from making advanced artificial intelligence (AI) chips for overseas subsidiaries of C
Taiwanese authorities are considering much stricter export controls on artificial intelligence (AI) chip sales to China to further align with US measures, according to people familiar with the matter, an effort to address semiconductor smuggling that risks drawing a rebuke from Beijing.The idea is t
Gigabyte Technology Co (技嘉) expects strong order visibility for its artificial intelligence (AI) servers to extend to next year, as major customers begin planning their new spending, chairman Dandy Yeh (葉培城) said after the company’s annual general meeting in Taoyuan’s Jhongli District (中壢) yesterday
The 28th annual meeting of the Association of Futures Markets (AFM), hosted by the Taiwan Futures Exchange (TAIFEX), was held at the Taipei Marriott Hotel last week. The meeting brought together representatives from exchanges, financial institutions, market infrastructure and information service pro
Hon Hai Precision Industry Co (鴻海精密) has established a partnership with Brookfield Asset Management Ltd, a leading global investment firm, to make renewable energy investments in Vietnam.The investments will seek to support the operations of Hon Hai and its suppliers in the Southeast Asian country,
A robot arm mounts axial-flux electric motors at the Mercedes-Benz plant in Berlin yesterday. Mercedes-Benz has launched the first large-scale production of an axial-flux electric motor at its Berlin-Marienfelde plant.
BRIGHT FUTURE: When asked about the global chip stock rout, Huang waved off concerns, saying everybody should be excited as they can buy stock at a cheaper price
Nvidia Corp yesterday announced a series of deals in South Korea with tech giants including SK Hynix Inc and Naver Corp, as it looks to secure crucial memory chips to power its artificial intelligence (AI) ambitions and entice new customers.The agreements come during a high-profile trip to South Kor
The New Taiwan dollar yesterday fell sharply against the US dollar to close at its lowest level since May 22 amid a massive outflow of funds from the country because of investors panicking over global equity markets.The NT dollar ended at NT$31.580 against the US dollar, slightly lower than its clos
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is now ranked ninth among the world’s 100 most valuable companies after its market capitalization more than doubled over the past year, PricewaterhouseCoopers (PwC) Taiwan said in a report last month.TSMC’s market capitalization surged 101 percent ye
Airlines expect to carry more passengers this year, but earn only half as much profit as last year, as high fuel prices do not appear to be fully deterring travel, according to projections published on Sunday.The International Air Transport Association (IATA) predicted that its 370 member airlines,
BETTER FOUNDATIONS: People failed to recognize inequalities arising from globalization and the IMF head wants to make sure it does not happen with AI
After facing crisis upon crisis in the past few years, the world needs to build foundations that can withstand shocks that have become more frequent, IMF managing director Kristalina Georgieva said yesterday.“I am worried that we are not completely internalizing yet that this is how the world is goi
Global notebook computer shipments are expected to decline about 13 percent year-on-year this year, as rising prices and shortages of key components, including memory chips and central processing units, continue to weigh on consumer purchases in the second half of the year, TrendForce Corp (集邦科技) sa
Tourists visit the Royal Palace in Phnom Penh, Cambodia, yesterday. More than 1.3 million international tourists visited Cambodia in the first four months of this year, representing a 45.6 percent decline compared with the same period last year, according to statistics released by the Cambodian Mini
On June 6, Citibank Taiwan Ltd marked its 21st Citi Global Community Day, bringing together employees and their families to support conservation efforts along the Xindian River in Greater Taipei. Volunteers took part in hands-on initiatives to enhance river biodiversity, including creating safe upst
FOREIGN INVESTING: Investors from around the world have set records over the past several months as money pours into explosively expanding Taiwanese holdings
Foreign exchange reserves at the end of last month moved higher for the second consecutive month, while foreign investors’ holdings in Taiwan-listed stocks, bonds and New Taiwan dollar-denominated deposits neared US$1.9 trillion, the central bank reported on Friday.The nation’s foreign exchange rese
CPC Corp, Taiwan (CPC, 台灣中油) announced on Saturday that it would leave domestic gasoline and diesel prices unchanged this week to ease the impact of high international crude oil prices amid tensions in the Middle East.Formosa Petrochemical Corp (台塑石化) yesterday said it would also maintain fuel price
HSBC Holdings PLC is deepening its commitment to Taiwan as the economy emerges as one of the bank’s fastest-growing markets globally, driven by an artificial intelligence (AI) investment boom, expanding cross-border trade, and rising wealth creation.“The advantage that Taiwan has is a growth story l
Alphabet Inc’s Google has agreed to pay Elon Musk’s Space Exploration Technologies Corp (SpaceX) US$920 million a month for computing power as part of a cloud services deal that runs through mid-2029, its second such agreement with an artificial intelligence (AI) competitor in a matter of weeks.Goog
RSS