According to Tom’s Hardware, citing a report from HardwareLuxx, Intel has postponed  its Magdeburg fab project to 2029-2030, raising concerns in Germany about whether the allocated funding should be returned to the federal budget. The German government took some time to secure €10 billion in...

According to a report in Commercial Times, the leading Chinese semiconductor foundry, SMIC (Semiconductor Manufacturing International Corporation), released its financial report for the third quarter on the evening of November 7. Due to robust growth in wafer production capacity and sales, SMIC's re...

The U.S. Federal Reserve announced a 25 bps rate cut to 4.5%-4.75% at its monetary policy meeting on November 7, aligning with market expectations. In its statement, the Fed removed the phrase "job gain have slow" and replaced it with "Since earlier in the year, labor market conditions have gener...

Amid the passion of the wild election, U.S. chip giant Qualcomm reported an upbeat first-quarter (ended December 31) sales forecast, with revenue rising between USD 10.5 billion and USD 11.3 billion, eyeing for an over 10% quarter-over-quarter growth at most. The strong momentum, according to a repo...

Following previous controversies of supplying 7nm chips to Huawei through proxies, TSMC has reportedly notified all its AI chip customers in China by formal emails that starting next week (November 11), it would halt shipments of all the 7nm and more advanced chips to its AI/GPU clients there, accor...