October 17, 2024 – Taiwan Semiconductor Manufacturing Company (TSMC) today reported strong third-quarter 2024 earnings, exceeding guidance and fueled by robust demand for high-performance computing (HPC) chips, particularly in the artificial intelligence (AI) sector. However, the company also highlighted challenges related to inventory levels, rising costs, and the ramp-up of
Read More
Hsinchu, Taiwan [9-Oct-2024] – Taiwan Semiconductor Manufacturing Company (TSMC) (TWSE: 2330, NYSE: TSM) today announced a significant investment in Vanguard International Semiconductor Corporation (VIS), further solidifying its position in the global semiconductor industry. TSMC has acquired 42,485,831 shares of VIS at NT$88 per share, representing a total investment of approximately
Read More
Samsung Foundry is accelerating its efforts to establish mass production capabilities for its 2nm process technology, according to industry sources. The company is actively equipping its “S3” foundry line at the Hwaseong plant, aiming for a monthly capacity of 7,000 wafers by Q1 2024. Further expansion is planned with the
Read More
Taipei, Taiwan – October 2, 2024 – Powerchip Semiconductor Manufacturing Corporation (PSMC), a leading Taiwanese foundry, has announced a strategic shift in its global expansion plans, opting to scrap a previously announced semiconductor fab project in Japan in favor of building a new fab in Gujarat, India. The decision comes
Read More
Tokyo, Japan – October 2, 2024 – Toppan Photomask, a global leader in the semiconductor photomask industry, will officially change its name to Tekscend Photomask on November 1, 2024. The rebranding represents a strategic move to reflect the company’s ongoing commitment to technological innovation and growth as a premier photomask
Read More
The European Commission has approved Poland’s plan to provide over 7.4 billion zlotys ($1.91 billion) in state aid to support Intel’s construction of a new semiconductor assembly and test facility near Wroclaw. This green light marks a significant step forward in the project, which is expected to be finalized by
Read More