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2024-09-18

[News] ByteDance Reportedly Turns to TSMC on in-house AI Chips to Cut Purchase Cost on NVIDIA

ByteDance, the parent company of TikTok, is said to be collaborating with TSMC, eyeing for the mass production of two self-developed AI chips by 2026, according to reports by Economic Daily News and The Information. ByteDance’s AI chips are expected to be made with TSMC’s 5nm node, which woul...

2024-09-18

[News] US and Japan on the Verge of Deal to Restrict Chip Technology Exports to China

According to a recent Financial Times report, the US and Japan are nearing an agreement to restrict tech exports to China’s chip industry, despite Tokyo's concerns over potential retaliation from Beijing. The White House aims to introduce new export controls ahead of the November presidential elec...

2024-09-18

[News] U.S. Retail Sales Beat Expectations in August, but Markets Still Bet on Aggressive Fed Rate Cuts

The U.S. retail sales slightly increased in August, as reported by the U.S. Census Bureau on September 17. The U.S. Retail sales rose by 0.1% month-over-month in August, down from 1% in July, but better than market expectations of -0.2%. On a year-over-year basis, retail sales grew by 2.1%, lower th...

2024-09-18

[News] Breakthrough in China’s Domestic DUV Equipment to 8nm? Experts Call It a Misunderstanding

Recent reports of breakthroughs in China's chip manufacturing equipment have gained attention, with rumors suggesting that China’s domestically-made DUV equipment can produce chips at 8nm and below. Some companies have also applied for EUV equipment patents. However, according to a report by the C...

2024-09-18

[News] Intel’s Foundry Spin-off Could Improve Chances of Securing Orders from Tech Giants such as Apple and AMD

One of the most critical moves of Intel’s next step, regarded by CEO Pat Gelsinger as “the most significant transformation in over four decades,” is turning its foundry business into an independent subsidiary. Citing remarks from foreign media and analysts, a report by Taiwanese media outlet A...

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