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Page 27 - குறைக்கடத்தி உற்பத்தி சர்வதேச நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Bitmain s Aggressive Moves on TSMC Will be Its Undoing

Bitmain’s Aggressive Moves on TSMC Will be Its Undoing Mar 10, 2021 07:13 EST Bitmain’s ploy to set up illegal front companies in Taiwan to poach talent from Taiwan Semiconductor Manufacturing Company (TPE:2330) will in the end do more damage to Bitmain than TSMC, severing a relationship that TSMC was looking to end anyway with no alternative supplier on the horizon.  According to reports from earlier this month, TSMC had deprioritized any orders from Bitmain and other cryptocurrency mining companies because their orders are subject to massive volume swings given the boom-and-bust nature of the industry. In the era of a global chip shortage, where GPUs are hard to find and automotive manufacturers need to shut down lines because of semiconductor shortages, crypto mining companies just aren’t seen as a worthwhile investment for fab time.  

China faces huge climate and tech challenges in its bid for global leadership

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