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| Samsung to cut chip executive jobs |
10/16/2024 |
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To restructure in battle versus SK Hynix Jun Young-hyun is expected to replace the three key posts of memory, foundry and System LSI as well as its CTO
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| TSMC considers AI-focused fabs in Europe |
10/16/2024 |
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Taiwan's National Science Council Chairman Wu Cheng-wen has indicated that Taiwan Semiconductor Manufacturing Co. plans to expand its European presence beyond the Dresden fab, which focuses on automotive chips. Future fabs, which may target the AI sector, would support TSMC's broader strategy to diversify production locations due to geopolitical concerns.
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| Boeing to lay off 17K workers |
10/15/2024 |
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The company is cutting jobs and curtailing production in a bid to preserve cash amid an ongoing workers’ strike.
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| Global EV sales up 30.5% in September |
10/15/2024 |
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Global sales of fully electric and plug-in hybrid vehicles rose by an annual 30.5% in September, as China surpassed its record numbers recorded in August and Europe resumed growth, market research firm Rho Motion said.
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| AMD debuts MI325X AI accelerators with 256GB of HBM3e |
10/14/2024 |
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Advanced Micro Devices has introduced the Instinct MI325X AI accelerators, featuring 256GB of HBM3e and 6TB/s of memory bandwidth. The MI325X, which is set for production shipments in the fourth quarter, shows a 20% to 40% lead over Nvidia's H200 in inference performance
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| TSMC’s Sales Beat Estimates in Good Sign for AI Chip Demand |
10/10/2024 |
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Taiwan Semiconductor Manufacturing Co. reported a 39% increase in quarterly revenue to $23.6 billion, surpassing expectations and easing concerns about a slowdown in AI hardware spending. The strong performance, driven by demand from Nvidia and Apple, highlights TSMC's role in AI development.
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| Foxconn to build Taiwan’s fastest AI supercomputer with Nvidia Blackwell |
10/9/2024 |
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The project, Hon Hai Kaohsiung Super Computing Center, revealed Tuesday at Hon Hai Tech Day, will be built around Nvidia’s Blackwell graphics processing unit (GPU) architecture and feature the GB200 NVL72 platform, which includes a total of 64 racks and 4,608 Tensor Core GPUs.
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| Samsung Electronics' Q3 earnings fall below market expectations |
10/9/2024 |
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Samsung Electronics has forecast a third-quarter operating profit of $6.76 billion, below market expectations because of weak chip demand and one-time costs. The Device Solutions division, which includes semiconductors, is a major factor in the disappointing performance. LG Electronics also has projected lower-than-expected Q3 operating profit, citing higher marketing and shipping costs.
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| Worldwide Chip Sales Up 21% YoY in August |
10/9/2024 |
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“The global semiconductor market continued to grow substantially in August, hitting its highest-ever sales total for the month of August, and month-to-month sales increased for the fifth consecutive month. Year-to-year sales increased by the largest percentage since April 2022,
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