Subject


Semiconductors


2024-10-08

[News] Samsung Electronics Apologizes after Disappointing Q3 Profit Amid AI Chip Struggles

Samsung reported its third-quarter earnings today, and according to The Korea Economic Daily, the company’s operating profit was initially expected to exceed 10 trillion won, but the actual performance fell short of that target. Reuters also reported that Samsung Electronics warned its third-qu...

2024-10-08

[News] Samsung Chairman Rejects Rumors of Spinning Off the Company’s Foundry Business

Following Intel’s decision of carving out its foundry business, there are rumors circulating that the same move may benefit Samsung as well. However, according to the latest reports by Reuters and Business Korea, Jay Y. Lee, Chairperson of the South Korea semiconductor giant, has expressed no inte...

2024-10-08

[News] NVIDIA’s CEO Jensen Huang’s Worth Now Exceeds Intel’s, Fueling Calls for Him to Buy It

NVIDIA CEO Jensen Huang’s current personal worth has exceeded the entirety of Intel. According to reports from TechNews, Tom’s Hardware, Huang’s current net worth has reached USD 109.2 billion, more than Intel's total market cap of around USD 96 billion. In early August, Intel has faced ...

2024-10-07

[News] Global Semiconductor Sales Surge to $53.1 Billion in August, Setting New Monthly Record

Global semiconductor sales surged to $53.1 billion in August, a record for the month, driven by booming demand from the AI wave, according to Semiconductor Industry Association (SIA). This marks a 20.6% year-on-year increase, the highest since April 2022, signaling continued momentum in the semicond...

2024-10-07

[News] Intel May Cut Gaudi 3’s 2025 Shipment Target by 30%, Raising Concerns for TSMC, ASE, and Alchip

To turn adversity around, Intel launched its latest AI accelerator, Gaudi 3, in late September. However, a report by the Economic Daily News indicates that the struggling giant has significantly slashed the chip’s shipment targets by over 30% for next year, which may severely impact orders for its...

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