CHIP
Taiwan Semiconductor Manufacturing Company (TSMC) beat market expectations on Thursday as it announced a net income of 225.49 billion New Taiwan dollars (€6.52 billion). The result, representing the firm’s first quarterly profit rise in a year, is up from a forecast of NT$213.59 billion (€6.18 billion). TSMC’s net revenue, the money made before deducting expenses, came in at NT$592.64 billion ($18.87 billion), also beating an expected figure of NT$582.94 billion ($16.86 billion). The strong results were partially driven by demand for chips used in AI applications. During an earnings call on Th...
Euronews (English)
ASML, the firm which makes machines to produce computer chips, saw its shares drop on Wednesday after the release of its first-quarter results. Stock in Europe's most valuable tech company was down by as much as 6.4%, as investors responded to a number of disappointing indicators. ASML recorded €5.29 billion in net sales during the first three months of the year, compared with a predicted €5.39 billion. Net bookings, a figure which looks at the value of orders received, came in at €3.6 billion in the first quarter, compared with estimates of €4.63 billion. Russ Mould, investment director at AJ...
Euronews (English)
The semiconductor race continues to heat up with more players trying to overtake each other, in an effort to harness the full capabilities of artificial intelligence. Intel has recently launched its Gaudi 3 AI chip, in what seems to be the company's answer to Nvidia's H100 graphic processing unit (GPU), as more tech companies aim to manufacture chips which can use big AI technology. The Gaudi 3 chip is essentially an accelerator chip, and is mainly designed to assist AI systems training, especially by sorting through mounds of data. Another key function of the chip is expected to be helping to...
Euronews (English)
Tech giant Samsung Electronics’ shares jumped 5.16% on Thursday to €1,325, following reports that Nvidia was currently testing the former’s new-generation high-bandwidth memory (HBM) chips. The HBM3E chip, Samsung’s fifth-generation chip, was launched last month. It is the industry’s first 36-gigabyte (GB) 12- stack high-performance, high-value memory chip. Such chips are seeing soaring demand because they speed up data processing while, at the same time, decrease size, latency and power consumption. As such, they are crucial for artificial intelligence (AI) chips such as Nvidia’s graphics pro...
Euronews (English)
South Korea and Europe will announce a joint semiconductor research forum at the EU-Korea Digital Partnership Council meeting in Brussels on 26 March, according to a draft document seen by Euronews. The forum will connect European and Korean researchers and facilitate joint research projects. The two sides will also explore developing common ways to improve security and resilience of chips supply chains. Semiconductors, microprocessors and other chips found in electronic devices are in high demand. South Korea is the world's second largest semiconductor manufacturer, following Taiwan. The EU’s...
Euronews (English)
Arm's share price has almost doubled since it announced its earnings last week, as the UK chipmaker continues to make strides on the US stock exchange. Shares stood at $148.97 at market close on Monday, compared to $77.01 the Wednesday before, the same day the company released its earning figures. Arm said in its earnings report that the demand for AI technology had boosted its sales, which subsequently caused its shares to soar. Chip designer Arm secures almost $5 billion in the biggest stock market debut of the yearUK employees set to see slip in salary rises in 2024Remote work in 2024: Shou...
Euronews (English)
Serena Williams' dog has died. The 40-year-old tennis ace took to social media on Saturday (27.08.22) to reveal that her beloved Maltese pooch Lauerlei had passed away at the age of 18 but is still "happy" that she got to spend so much "extra time" with her. Alongside a slideshow of images, she wrote on Instagram: "Lauerlei sadly took her last breath yesterday. I am sad but happy for all the time and all the extra I got to spend with her. She lived a long long life. The last year and a half was a bonus. " The sports star went on to add that her canine companion "got everything she ever wanted"...
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