As TSMC doubles down on advanced node development to ride the AI wave, it's steadily pulling back from legacy businesses. According to the Commercial Times, citing a press release from Navitas Semiconductor, TSMC will wind down its Gallium Nitride (GaN) wafer foundry services by July 31, 2027. No...

As TSMC ramps up its U.S. expansion, its subsidiary TSMC Arizona Corporation has announced a major leadership shift. According to the Central News Agency, Rick Cassidy has stepped down as Chairman and Director after 27 years with the company. Rose Castanares, President of TSMC Arizona, has been elec...

Though it remains unclear if or how the Trump administration will pursue chip tariffs, Bloomberg suggests the Senate has passed major tax legislation that delivers a big win for chipmakers. The bill raises the investment tax credit for new U.S. semiconductor plants from 25% to 35%—exceeding the pr...

According to a report from TechNews, Taiwan Stock Exchange (TWSE) has released salary information of non-managerial full- time employees of domestic listed companies for 2024. MediaTek topped the list with an average annual salary of NT$4.31 million for non-managerial staff—the only listed company...

Just a week after launch, Xiaomi’s second EV, the YU7, priced at 253,500 yuan ($35,360) and nearly 4% cheaper than Tesla’s Model Y, racked up 240,000 orders in just 18 hours, Reuters reports. Meanwhile, Commercial Times highlights TSMC as a big winner, since Qualcomm’s Snapdragon 8 Gen 3 and N...