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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...

stock trading on the laptop sreen
2024-10-07

[News] Key Focus This Week – U.S. CPI and the Fed’s Outlook on the Labor Market and Economic Prospects

Last week, Chinese equities continued to reflect the positive effects of easing policies, with the CSI 300 Index surging nearly 9%.In contrast, the U.S. S&P 500 Index saw a modest increase of only 0.22% due to uneven gains across sectors. In the bond market, the yield on the 10-year and 2-year T...

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...

2024-10-07

[News] SK Hynix Set to Surpass Samsung in Q3 Profits Amid Booming HBM Sales

South Korea’s two major memory chip manufacturers, Samsung Electronics and SK Hynix, are set to release their Q3 earnings reports (July to September) at the end of the month, with Samsung Electronics also announcing its financial forecast on October 8. According to The Korea Times, the market ...

2024-10-07

[News] Samsung Starts Mass Production of Industry’s Most Powerful PC SSD for AI, Built with In-house 5nm Node

Samsung Electronics announced that it has begun mass producing PM9E1, a PCle 5.0 SSD with the industry’s highest performance and largest capacity. According to Samsung’s press release, the PM9E1, which is built on its in-house 5nm-based controller and eighth-generation V-NAND (V8) technology,...

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