Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported about 60 percent annual growth in revenue for last month, benefiting from rapidly growing demand for artificial intelligence (AI) and high-performance computing applications.Revenue last month expanded to NT$236.02 billion (US$7.28
CONTRACTION: Inflation of 2.34% meant that average take-home pay decreased by 0.09% despite recording the second-highest wage increase in six years, DGBAS said
Taiwan’s average monthly take-home pay last quarter increased by 2.25 percent from a year earlier to NT$46,030 (US$1,420), on the back of wage hikes in the public and private sectors, but inflation wiped out the benefit of growth, the Directorate-General of Budget, Accounting and Statistics (DGBAS)
Apple Inc is to deliver some of its upcoming artificial intelligence (AI) features this year via data centers equipped with its in-house processors, as part of a sweeping effort to infuse its devices with AI capabilities.The company is placing high-end chips — similar to ones it designed for the Mac
Wistron Corp (緯創), which supplies graphics processing unit (GPU) server modules to Nvidia Corp, yesterday reported its strongest first-quarter net profit of NT$3.52 billion (US$108.60 million), driven by robust artificial intelligence (AI) server demand.That was a 5.6 percent expansion from NT$3.34
OpenAI plans to announce its artificial intelligence (AI)-powered search product on Monday, two sources familiar with the matter said, raising the stakes in its competition with search king Google.The announcement date, though subject to change, has not been previously reported. Microsoft Corp’s Ope
Workers clean dry grass under photovoltaic panels at the Ningxia Tengger Desert New Energy Base in Zhongwei, China, on Thursday.
ADVERSARIES: Control measure would likely target Russia, China, North Korea and Iran, given worries about AI being used in cyberattacks or biological weapons, a source said
US President Joe Biden’s administration is poised to open up a new front in its effort to safeguard US artificial intelligence (AI) from China and Russia with preliminary plans to place guardrails around the most advanced AI models, the core software of AI systems like ChatGPT, sources said.The US D
BETTER THAN EXPECTED: The company’s quarterly earnings set an all-time high and beat analysts’ expectations of NT$3.52 billion, a report showed
Wiwynn Corp (緯穎), a developer and manufacturer of artificial intelligence (AI) servers, yesterday saw its stock price rally to the highest level in a month after last month reporting its fastest annual revenue growth in more than a year.Its share price surged by 2.3 percent and closed at NT$2,450 ye
HSBC Taiwan yesterday (9th) announced a donation of US$300,000 to the Mennonite Social Welfare Foundation and World Vision Taiwan, aiming to support the mid-to-long-term recovery plans in the Hualien area of Taiwan recently affected by severe earthquakes and aftershocks by working with these two org
Huawei Technologies Co’s (華為) latest high-end smartphone features more Chinese suppliers, including a new flash memory chip and an improved chip processor, a teardown analysis showed, pointing to the progress China is making toward technology self-sufficiency.The inside of Huawei’s Pura 70 Pro was e
Tesla Inc’s job cuts are escalating in China, sources familiar with the matter said, as Elon Musk contends with growing pressure to win back share in the world’s biggest auto market.Additional layoffs began earlier this week, extending cuts from last month, as part of the electric vehicle (EV) maker
Taiwan’s GDP would expand 3.2 percent this year, from 1.3 percent last year, Fitch Ratings said yesterday, posing a stable operating environment and business outlook for domestic banks.“We expect the operation environment to be stable this year, supported by a recovery in external demand despite wea
A member of staff polishes an electric vehicle at a showroom at the headquarters of Nissan Motor Co Ltd in Yokohama, Japan, yesterday. Nissan Motor yesterday released its financial results for the full year ended March, reporting an operating profit of ¥568.7 billion (US$3.65 billion), representing
UNEVEN RECOVERY: Outbound shipments of ICT products spiked 114.6% last month, but exports of electronic components, led by semiconductors, fell 17.7%
Exports last month grew a tepid 4.3 percent year-on-year to US$37.48 billion, as shipments linked to artificial intelligence (AI) remained the lone bright spot, while all other product categories weakened amid a slow season, the Ministry of Finance said yesterday.The figure suggested an uneven recov
LICENSE REVOKED: The move is key to preventing China from developing advanced artificial intelligence, US House Foreign Affairs Committee Chair Michael McCaul said
The US has revoked licenses allowing Huawei Technologies Co (華為) to buy semiconductors from Qualcomm Inc and Intel Corp, people familiar with the matter said, further tightening export restrictions against the Chinese telecom equipment maker.Withdrawal of the licenses affects US sales of chips for u
Taiwan should extend the retirement age to keep talent in the tech industry to help train younger people as well as offer more incentives to attract foreign workers, AI on Chip Taiwan Alliance chairman Nicky Lu (盧超群) said in Taipei on Tuesday.Speaking at the launch of the office of the Chip-based In
Novatek Microelectronics Corp (聯詠), which specializes in driver ICs for displays, forecast that revenue would either be flat or increase by up to 4.4 percent sequentially to between NT$24.4 billion and NT$25.5 billion (US$752 million and US$786 million) this quarter, mainly due to restocking demand
With 31 big Taiwanese companies joining the RE100 initiative, the demand for non-nuclear renewable energy is rapidly increasing, Minister of Economic Affairs Wang Mei-hua (王美花) said at a virtual forum on Tuesday.RE100 is a global initiative where businesses commit to use 100 percent renewable energy
US chip production is poised to explode in coming years, helping ease a risky dependency on East Asia, according to a projection by the Semiconductor Industry Association (SIA).Semiconductor manufacturing capacity in the country will triple by 2032, an SIA-commissioned study by the Boston Consulting
Nvidia Corp’s first artificial intelligence (AI) research and development center in Asia, which is being built in Taiwan, is 40 percent complete, Department of Industrial Technology (DOIT) Director-General Chiou Chyou-huey (邱求慧) said.The five-year project, which was started last year, seeks to hire