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| South Korea to make the country a hub for AI, digital R&D |
2/15/2024 |
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The South Korean government is investing in researchers who can help the country transition to an AI technology and digital powerhouse. The government announced $1.35 billion will go to expand joint research and development with top institutions worldwide and to entice leading researchers to relocate to South Korea.
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| GlobalFoundries beats Q4 expectations despite slowdown |
2/15/2024 |
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GlobalFoundries reports its fourth-quarter earnings and revenue were higher than expected even while it shipped fewer chips. The company's wafer shipments were down 28,000 from Q4 2022 to 552,000 in the most recent quarter.
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| Samsung Research America, Princeton U. team up for R&D in 6G |
2/14/2024 |
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The program was launched by the university's School of Engineering and Applied Science last year to accelerate the adoption of new technologies and enhance innovation across various sectors, including cloud and edge networks, intelligence sensing and network resilience.
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| HBM market growth likely to outpace DRAM |
2/14/2024 |
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The high bandwidth memory sector is forecast to increase by $14 billion in 2024, according to Yole Developpement, and likely outgrow the DRAM market. AI and high-performance computing are fueling the HBM market growth
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| Nvidia plans to build custom AI chips with new unit |
2/13/2024 |
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Nvidia is reportedly allocating $30 billion to the custom AI chip market through a dedicated business unit for cloud computing companies. The leader in AI chips is looking to protect itself from companies wanting alternatives to its products, reports say.
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| TSMC takes top spot in semiconductor revenue |
2/9/2024 |
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Taiwan Semiconductor Manufacturing Co. is the world leader in revenue and operating profit, according to analyst Dan Nystedt. TSMC's 2023 earnings reached $69.3 billion, topping Intel's $54.23 billion and Samsung's $50.99 billion, Nystedt notes.
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| Semiconductor sales to see 13% increase in 2024 |
2/8/2024 |
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Global semiconductor sales are expected to rise 13% year over year to nearly $600 billion in 2024, according to a forecast from SIA. SIA CEO John Neuffer points to government investments in R&D and the workforce and policies to reduce trade barriers as drivers for the double-digit growth forecast.
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| TSMC building another chip factory in Japan |
2/8/2024 |
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Taiwan Semiconductor Manufacturing Co. is increasing its investment in Japan to more than $20 billion and plans to build a second chip factory there. The fab, expected to begin operation within three years, has support from Toyota and Sony.
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| Honda Motor reported a sharp rise in operating profit |
2/8/2024 |
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The automaker raised its full-year operating profit forecast by 4.2% to 1.25 trillion yen ($8.4 billion), versus an earlier estimate of 1.2 trillion yen and an average analyst forecast of 1.271 trillion yen, according to LSEG data.
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