In the world of computer chips, big changes are happening. Intel, a major player in the game, has a new executive on board. This person used to work at TSMC, another big name in the industry. Some people are talking about a possible leak of secret tech info, but Intel's boss says it's not true. The new executive, Dr. Wei-Jen Lo, is joining Intel to work on research ...
Chen Tianshi, a former computer science researcher, has seen his wealth skyrocket to $21 billion. This massive increase is thanks to the success of his company, Cambricon Technologies. Often called the "Nvidia of China, " Cambricon makes powerful AI chips. These chips are used by big names like Alibaba, DeepSeek, and Tencent. They need local alternatives because of ...
Element Solutions Inc. is set to grow its business by acquiring EFC Gases & Advanced Materials. This deal is expected to close by the end of 2025, pending regulatory approvals. EFC specializes in high-purity gases and advanced materials, serving industries like semiconductors, aerospace, and electrical infrastructure. Their products are known for their quality and pu...
GlobalFoundries is going through some big changes. John Hollister, the company's finance chief, has left his post. The reason given is personal, but no more details were shared. Taking his place, at least for now, is Sam Franklin. He's been with the company since 2022 and has a solid background in finance, having worked with big names like Mubadala, which is also Glo...
Applied Materials, a major player in the semiconductor manufacturing equipment industry, is making some big moves. They plan to let go of 4% of their workforce. This means around 1, 400 people will lose their jobs. The company expects to spend between $160 million and $180 million on these layoffs, mostly in the last quarter of their fiscal year 2025. Why is this ha...
In a significant move, Taiwan's prosecutors have charged three individuals with stealing sensitive information from TSMC, a leading chipmaker. This case is notable because it's the first time Taiwan's National Security Law has been used in a trade secrets case. The accused include a former TSMC employee, identified only by the surname Chen, who allegedly shared TSMC'...
Taiwan is stepping up its game against Chinese companies trying to hire away its top tech workers. The Ministry of Justice Investigation Bureau (MJIB) is currently looking into 16 Chinese firms for what they call "illegal poaching" of high-tech talent. This isn't just about any old jobs; it's about some of the brightest minds in Taiwan's semiconductor industry, which...
The US is thinking about taking back some special permits. These permits let American companies sell certain tech gear to big chip makers in China. The main players here are Samsung, TSMC, and SK hynix. They've been using these permits to get equipment for their factories in China. But now, the US might change the rules, making it harder for these companies to get th...
The stock market felt the heat on a recent Friday, with the S&P 500 taking a small dip. Investors were keeping a close eye on the Middle East and wondering when the Federal Reserve might start cutting interest rates. The S&P 500 ended the day at 5, 967. 84, down by 0. 22%. The Nasdaq Composite also saw a drop of 0. 51%, closing at 19, 447. 41. Meanwhile, the Dow Jone...
TSMC is making waves in the tech world with its SoIC (system on integrated chips) advanced packaging. This isn't just any packaging. It's a game-changer, offering lower power use and other perks. Two big names are pushing this tech forward: Apple and AMD. These companies are placing big orders, driving TSMC's growth in this area. SoIC packaging is different from...