‘SELLER’S MARKET’: Severe chip shortages and price hikes helped Adata’s revenue climb 152% in the first two months, and its forecasts ‘tremendous growth’ this year
DRAM module supplier Adata Technology Co (威剛科技) expects memory chip supply constraints to persist through next year, further supporting a price uptrend in DRAM and NAND flash memory, company chairman Simon Chen (陳立白) said yesterday.“We have been winning back former customers and secured new customer
Taiwan has enough crude oil reserves for more than 100 days and sufficient natural gas reserves for more than 11 days, both above the regulatory safety requirement, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday, adding that the government would prioritize domestic price stability
Taiwan’s foreign exchange reserves hit a record US$605.487 billion last month, rising for three consecutive months and up US$1.03 billion from the previous month, the central bank reported yesterday.February is typically a peak month for investment income, which helped boost the central bank’s forei
German companies remain broadly optimistic about Taiwan’s economic outlook despite sentiment that the economy would normalize following the nation’s robust economic expansion last year, a business confidence survey released yesterday by the German Trade Office Taipei showed.The results point to resi
Broadcom Inc chief executive officer Hock Tan (陳福陽) said the company expects its artificial intelligence (AI) chip sales to top US$100 billion next year, marking major inroads into territory dominated by Nvidia Corp.“We have line of sight” to reach this milestone in 2027, he said during a conference
The US-Israel war with Iran could disrupt supplies of key semiconductor manufacturing materials, a South Korean ruling party lawmaker said yesterday, as the conflict in the Middle East entered its sixth day.South Korea’s chip industry, which supplies around two-thirds of global memory chips, is also
Two women wear marigold wreaths on their heads at a leisure farm in Hsinchu County’s Jianshih Township yesterday. Local farmers grow marigolds to attract visitors, with the flowering period expected to continue until the end of next month, the Jianshih Township Office said.
IRAN EFFECT: If irrational selling or market disruptions persist, the National Stabilization Fund would convene an emergency meeting, the executive secretary of the fund said
The TAIEX yesterday tumbled 1,494.77 points, or 4.35 percent, to close at 32,828.88, marking the third-largest single-day decline on record as escalating tensions in the Middle East fueled a broad market sell-off. After US President Donald Trump indicated he had not ruled out sending ground troops t
Nanya Technology Corp (南亞科技) yesterday said the DRAM supply crunch could extend through 2028, as the artificial intelligence (AI) boom has led the world’s major memory makers to dramatically reduce production of standard DRAM and allocate a significant portion of their capacity for high-bandwidth me
Export orders in January expanded 60.1 percent year-on-year to US$76.9 billion, the 12th straight month of double-digit percentage growth and the highest for a single month, the Ministry of Economic Affairs said yesterday. The figure rose 0.9 percent from the previous month, exceeding the ministry’s
Industrial computer maker Advantech Co (研華) yesterday said revenue this quarter is expected to increase, driven by front-loaded orders from customers amid a shortage of memory chips, as it expressed optimism about full-year performance on the back of strong design wins. The company said that based o
SITUATION UNCLEAR: ‘I think it’s gonna take a couple of weeks for markets to really digest the implications of what has happened,’ the Goldman Sachs chairman said
Goldman Sachs Group Inc chairman David Solomon said he has been surprised by the “benign” reaction in financial markets to the Middle East conflict, adding that it would take weeks to understand more about the situation. “It’s very hard to speculate, because there is so much that is unknown at this
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is pressing ahead with plans to build a new fabrication plant at the Southern Taiwan Science Park’s (南部科學園區) Tainan campus, with completion targeted for 2028, as booming global demand for artificial intelligence (AI) chips fuels aggressive capacity e
Intel Corp named Craig H. Barratt as its next chairman, putting a tech veteran in the role at a time when the company is trying to reassert its chipmaking prowess.Barratt, who already serves on the board, will replace Frank Yeary in the chairman job after the annual meeting on May 13, Intel said in
People watch colorful lanterns at a plaza in front of Zhongshan Hall near Taipei’s Ximending shopping area yesterday.
US-IRAN WAR: With banks, insurers and securities firms’ exposure reaching NT$2.35 trillion, the FSC urged them to boost risks controls and monitor potential volatility
The intensifying military tensions between the US and Iran are beginning to ripple through Taiwan’s financial sector, with banks, insurers and securities firms holding sizable exposure to the Middle East, the Financial Supervisory Commission (FSC) said.As of the end of last year, the three major fin
MIDDLE EAST CONFLICT: Taiwan has enough LNG to meet its needs through the end of March after emergency coordination, Premier Cho Jung-tai said
Oil and gas traders have spent days scrambling for alternative sources of supply to Asia outside of the Middle East on concerns a prolonged conflict could choke off flows from the energy-rich region.Some liquefied natural gas (LNG) traders spent all night on Monday speaking to contacts about availab
AP Memory Technology Corp (愛普科技) yesterday said that revenue this year would benefit from robust demand for memory chips and silicon capacitors used in artificial intelligence (AI) and high-performance computing (HPC) devices.The growth momentum is driven by a major shift in adoption of its customiz
Property transactions in the nation’s six special municipalities plunged last month, as a lengthy Lunar New Year holiday combined with ongoing credit tightening dampened housing market activity, data compiled by local land administration offices released on Monday showed. The six cities recorded a t
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