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The Latest Breaking News from TSMC

US to boost chip packaging capacity with CHIPS Act grant — Amkor to receive $600 million for advanced chip packaging facility

Amkor gets $600 in grants and loans to build an advanced packaging facility in Arizona that will support TSMC's fab in the state.

Tom’s Hardware

Weekly Must-Read: Electric Cars Are Draining the Batteries of China’s Insurers

Insuring EVs is costing money, as strict rules mean it’s difficult to hike premiums to a profitable level — for now at least

Caixin Global

TSMC Leads Chipmaker Plunge As Trade Resumes After Typhoon Pause

Taiwanese giant TSMC tumbled with several other leading chip makers Friday as traders returned from a typhoon-imposed two-day break to play catch-up with a global tech rout.

International Business Times

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Asian Markets Battle To Recover From Tech Rout After US Data

Asian traders struggled to fight back Friday after a tech-fuelled sell-off, taking heart from forecast-beating US growth data that reassured that the economy was still in rude health, but did not dent hopes for an interest rate cut.

International Business Times

Down 20% From All-Time Highs, is Nvidia Stock a Buy?

With Nvidia down about 20% from its June peak, is now an opportune time to buy the dip in the stock?

Barchart

AMD Delays Ryzen 9000 Launch 1 to 2 Weeks Due to Chip Quality Issues

AMD sends word this afternoon that the company is delaying the launch of their Ryzen 9000 series desktop processors. The first Zen 5 architecture-based desktop chips were slated to launch next week, on July 31st. But citing quality issues that are significant enough that AMD is even pulling back stock…

AnandTech

Elon Musk reveals photos of Dojo D1 Supercomputer cluster — roughly equivalent to 8,000 Nvidia H100 GPUs for AI training

Elon Musk says that he'll have 90,000 Nvidia H100s, 40,000 AI4 chips, and the equivalent of 8,000 H100 GPUs in Dojo D1 processors by the end of 2024.

Tom’s Hardware

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Taiwan's Semiconductor Success Story

Learn how Taiwan's semiconductor success is driven by innovation, strategic planning, and investment, not theft. Explore TSMC's dominance in chip manufactu...

Top News

Fund Manager Overseeing Top-3% Growth Funds Shares A Proven Strategy to Navigate the AI Boom

Ankur Crawford manages Fred Alger Management's top growth funds that invest heavily in tech stocks and have returned over 40% in 2023.

International Business Times UK

Nvidia Likely To Announce Surprise Positive Earnings Next Month, Says Goldman Sachs After Meeting Top Company Exec

Nvidia continues to witness high demand for its AI GPUs and will start disclosing ROI metrics for end users from the next earnings call onwards.

International Business Times UK

Asia's biggest chipmaker is set to join the trillion-dollar club — TSMC will topple Meta soon as it benefits from AI boom

TSMC is the world's eighth most valuable company thanks to the AI boom.

TechRadar

TSMC establishes new Foundry 2.0 paradigm — could help address regulatory concerns of a monopoly

TSMC takes a page from Intel's IDM 2.0, proclaims itself a Foundry 2.0 company.

Tom’s Hardware

Nvidia Stock Surges As TSMC Reports Strong AI Chip Demand Despite 'Damaging' Statement From Donald Trump

Nvidia's stock price jumped nearly 3 percent on Thursday. This bounce back comes after the industry's worst day since 2020.

International Business Times UK

Shanghai Composite Index Rose 0.17% on Friday

Shenzhen Component Index closed up 0.27%

Caixin Global

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The Guardian - AU

How Taiwan secured semiconductor supremacy – and why it won’t give it up

Trump has accused Taiwan of ‘taking’ the US chip sector, but Taipei has been at the forefront of the industry for decades, and its future could depend on it

The Guardian - UK

Nasdaq losses deepen amid market jitters over US policy on chipmakers

Analysts play down concerns and maintain confidence in AI boom after index’s worst day since December 2022

AnandTech

TSMCs Q2'24 Results: Best Quarter Ever as HPC Revenue Share Exceeds 52% on AI Demand

Taiwan Semiconductor Manufacturing Co. this week said its revenue for the second quarter 2024 reached $20.82 billion, making it the company's best quarter (at least in dollars) to date. TSMC's high-performance computing (HPC) platform revenue share exceeded 52% for the first time in many years due to demand for AI…

Fortune

Trump, Biden, and AI send chip shares on a wild ride

Semiconductor shares have recovered slightly after a grim Wednesday that made for the Nasdaq's worst day in two years.

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Tom’s Hardware

AMD's Zen 5 chips pack in 8.315 billion transistors per compute die, a 28% increase in density

AMD's Ryzen 9000 'Eldora' CCD has the same die size as Ryzen 7000 'Durango' CCD, but Ryzen AI 300 'Strix Point' is massively larger than Hawk Point.

Fortune

Donald Trump wants Taiwan to pay for U.S. protection

A lukewarm commitment to the island nation's security could threaten the supply of Nvidia's vaunted AI training chips that power Big Tech data centers.

International Business Times

Taiwan's TSMC Second-quarter Net Profit Jumps On Gen AI Demand

Taiwan chip giant TSMC said Thursday net profit jumped by more than a third in the second quarter of 2024, buoyed by global demand for generative artificial intelligence products.

The Guardian - UK

Ed Davey apologises to Alan Bates at the Post Office Horizon inquiry – as it happened

Lib Dem leader had declined meeting with campaigner in May 2010, saying "‘I do not believe it would serve any useful purpose’

International Business Times

Asian Markets Drop With Wall St As Biden Sparks Fresh Chip Fears

Asian markets sank with Wall Street on Thursday after a warning from the White House that it would target firms supplying China with key semiconductor technology, and Donald Trump's comments on crucial chip supplier Taiwan.

Fortune

Nvidia shares tumble over 6% amid geopolitical fears

The Biden administration is weighing tighter export controls to stymie China as Donald Trump sparked doubt about America’s commitment to Taiwan.

International Business Times

TSMC Shares Dip After Trump Declares Taiwan Should Pay US For Defense

TSMC is now recognized as the largest and most advanced chipmaker in the world. It manufactures essential chips for Apple and Nvidia.

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