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Probably one of the most shocking executive shake-up in the tech industry this week, Justin Hotard, head of Intel’s Data Center and AI Group, is leaving to become Nokia's CEO. This move, following ex-CEO Pat Gelsinger’s exit in December, 2024, could suggest a shift in Intel’s AI chip strategy,...
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With the world watching, TSMC has unveiled its board meeting decisions. According to its press release, the chip giant has greenlit a massive US$17 billion investment to boost production capacity. Reports hinted that TSMC might unveil plans for a third Arizona fab, a potential fourth fab, or its ...
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Ahead of TSMC's upcoming board meeting in the U.S., there are speculations that the company may speed up or expand investments due to potential tariffs on Taiwanese semiconductors. Industry sources cited by MoneyDJ suggest that TSMC's second Arizona fab, featuring 3nm, will likely progress ahead of ...
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Despite escalating U.S. chip sanctions, China’s foundry giant SMIC reported Q4 2024 revenue of $2.207 billion, up 31.5% year-over-year, according to its its press release. However, its net profit fell 38.4% to $108 million, as noted by Commercial Times. Commercial Times, citing Chinese media, r...
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OpenAI, the maker of ChatGPT, is set to finalize its first in-house AI chip design in the coming months, taking a key step toward reducing its reliance on NVIDIA. According to Reuters, the company is expected to send the chips to TSMC for fabrication soon as it aims for mass production in 2026. N...