TSMC is set to report its Q2 earnings on July 16, with expectations of strong revenue and earnings growth driven by AI demand. Investors will focus on whether TSMC raises its full-year revenue guidance and capital expenditure budget, especially for expanding CoWoS advanced packaging, a key bottleneck in AI chip production. Despite robust demand from major tech firms, challenges include execution risks in capacity expansion, particularly in Arizona, and rising chip prices that may affect consumer devices. CEO C.C. Wei's outlook on the AI supercycle's duration will be closely watched as TSMC navigates these high-stakes growth opportunities.
Meta, led by Mark Zuckerberg, plans to start designing its own artificial intelligence chips in-house from September. This initiative, called "Iris," aims to boost the AI systems behind Facebook and Instagram while reducing dependence on Nvidia, the ...
Meta is set to begin manufacturing its latest AI-specific chips in September to reduce reliance on costly GPUs amid a global component shortage. The company is collaborating with Broadcom for chip design and TSMC for manufacturing, using modular chip...
Micron Technology announced a $3 billion investment to strengthen the US semiconductor supply chain and expand manufacturing capacity. This includes $500 million to support GlobalWafers' new silicon wafer plant in Texas and a 10-year supply deal for ...
Global semiconductor stocks fell sharply overnight across major markets, dragging Nasdaq 100 futures lower ahead of the U.S. open. Despite strong earnings like Samsung's record profit, chip stocks including SK Hynix, Tokyo Electron, and Taiwan Semico...
