Cairo’s new monorail slices across the city skyline, running above the familiar chaos of blaring horns and aging buses’ exhaust fumes that mark rush hour below.The US$4.5 billion monorail, opened this month, is among Egypt’s most prominent new transport projects, part of a debt-funded infrastructure
Tomatoes, ubiquitous in everything from fast-food burgers to haute cuisine, are taking on a new role beyond the plate: A nagging reminder of rising costs.Prices for the produce have soared more than any other food product over the past year to cement a spot as one of the consumer headaches du jour.“
DECISIONMAKING: While the majority of chips still use TSMC’s CoWoS technology, the unnamed client potentially favored the cost and capacity benefits of Intel’s EMIB
MediaTek Inc (聯發科) yesterday revealed that a data center client opted for Intel Corp’s advanced packaging technology to build an in-house customized artificial intelligence (AI) accelerator, marking the first adoption of the technology in MediaTek’s customized chip design portfolio.Mediatek did not
AI DRIVE: Cloud and networking products have replaced smartphones as Hon Hai’s largest business segment at about 40 percent of total revenue
Hon Hai Precision Industry Co (鴻海精密), the world’s largest contract server maker, yesterday said it is targeting to grow its annual revenue by 36 percent to NT$11 trillion (US$350.5 billion) this year, driven by robust demand for artificial intelligence (AI) server racks given heavy expenditures from
Taiwan’s government should reassess its electricity demand projections, as power supply constraints have already affected Wistron Corp’s (緯創) plans to expand its artificial intelligence (AI) computing infrastructure, Wistron chairman Simon Lin (林憲銘) said yesterday.Speaking to reporters after Wistron
The EU is making a fresh attempt to revive its faltering semiconductor industry via a rebooted Chips Act, an effort expected to require 120 billion euros (US$140 billion) in public-private investment by 2035, according to draft plans.The upcoming Chips Act 2.0 would focus on practical ways to bolste
Anthropic PBC raised US$65 billion in a funding round that valued the artificial intelligence (AI) company at US$965 billion including the new investment, eclipsing rival OpenAI’s value for the first time.The funding, announced on Thursday, was led by Altimeter Capital, Dragoneer, Greenoaks and Sequ
Visitors interact with a robot during the Beyond Expo technology exhibition in Macau on yesterday.
Starlux Airlines Co (星宇航空) today unveiled a long-haul network expansion plan at a shareholders’ meeting in Taipei, including direct flights to Barcelona, Spain, and Zurich, Switzerland, as well as a service connecting Taipei, Sydney and New Zealand. Starlux is to become the first Taiwanese carrier t
PREFERENTIAL RATES: The tax cuts would put Taiwan on an equal footing with Japan, South Korea and the EU, while widening its advantages over China, Kung Ming-hsin said
Taiwan’s auto parts manufacturers are to benefit from the US’ preferential tariff treatment for non-semiconductor goods, Minister of Economic Affairs Kung Ming-hsin (龔明鑫) said yesterday.Kung’s comments came after the Executive Yuan said in a statement late on Wednesday that the US government is expe
Taiwan’s economy remained firmly in expansion mode last month, as robust demand for artificial intelligence (AI) applications continued to drive exports, investment and domestic consumption, the National Development Council (NDC) said yesterday.The council’s business climate monitoring indicator hel
MiTAC Holdings Corp (神達控股) yesterday said it expects positive revenue growth momentum this quarter and for rest of the year, driven by continued robust demand for artificial intelligence (AI) applications and data centers amid strong client front-loading momentum.Growth momentum for this year is “wi
RETAIL INVESTORS: Potential changes include moving the starting time of odd-lot trades to match the regular trading hours and shortening the order matching cycle
The Taiwan Stock Exchange (TWSE) is working on improving a key trading system popular among retail investors and planning longer trading hours to attract more demand, the bourse’s chairman said yesterday in Taipei.The exchange is studying ways to optimize the so-called odd-lot transactions mechanism
Wiwynn Corp (緯穎), one of the biggest makers of Nvidia Corp servers, yesterday warned of shortages developing in vital data center components beyond just memory chips, potentially slowing or inflating the cost of a global artificial intelligence (AI) infrastructure buildout.Wiwynn chairwoman Emily Ho
Runaway profits and sky-high valuations for microchip companies have fueled worker demands over pay packages in South Korea, raising the question: Who profits from the artificial intelligence (AI) boom? In the US, some employees with stock options have made it rich and retired early, while in Asia c
Nvidia Corp CEO Jensen Huang autographs his autobiography outside a restaurant in Taipei yesterday.
AI BOOM: The company’s longer-term outlook remains positive as it plans to supply chassis components for next-generation servers, chairman Allen Hung said
Metal casing supplier Catcher Technology Co (可成科技) yesterday said it expects to see meaningful revenue contribution from products used in artificial intelligence (AI) servers in the second half of this year. The company started small-volume shipments of AI-related products in the fourth quarter of l
Taiwanese consumers became more cautious this month, with confidence in stock investing falling to a more than three-year low despite a continued rally in local equities, as many investors viewed the market as overheated, a survey released yesterday by National Central University showed.The universi
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) employee bonuses are likely to grow more than 30 percent this year, in line with the past few years as the company’s profits continue to set new records, an anonymous source cited TSMC chairman C.C. Wei (魏哲家) as saying yesterday. TSMC, the world’s la
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