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TSMC held an earnings call on April 18, where it highlighted two significant revisions. The company revised down its annual growth expectations for the global foundry industry and shifted its outlook on automotive growth from positive to declining. When asked about the outlook for end applicatio...
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Micron, the largest memory manufacturer in the United States, is expected to receive over USD 6 billion in funding from the Department of Commerce to assist with the costs of local factory projects, as part of efforts to bring semiconductor production back to U.S. soil. According to a report fro...
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TSMC today announced consolidated revenue of NTD 592.64 billion, net income of NTD 225.49 billion, and diluted earnings per share of NT$8.70 (USD 1.38 per ADR unit) for the first quarter ended March 31, 2024. Year-over-year, first quarter revenue increased 16.5% while net income and diluted EPS both...
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The leading Dutch semiconductor equipment company ASML has reportedly predicted continued strong demand from Chinese customers, with approximately 20% of the company's backlog attributed to them. According to reports from Reuters and CNBC, ASML CEO Peter Wennink stated during the first-quarter (J...
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Recently, the semiconductor industry has seen three acquisitions. Qualcomm announced the acquisition of Foundries.io, a leading provider of IoT and cloud development security services, with its flagship product FoundriesFactory being well-regarded in the industry. Microchip Technology acquired Ne...