Heads of chip giants Nvidia, TSMC meet in Taiwan as tight chip supply threatens to hinder AI boom
Nvidia founder Jensen Huang met with TSMC founder Morris Chang and CEO C.C. Wei over dinner in Taipei to discuss chip supply.
Source: scmp.com
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Mobileye's supply glut warning rattles auto chip stocks, Auto News, ET Auto
Shares of the Israel-based company, whose customers include Volkswagen and Porsche, tumbled 28.2% to more than a one-year low of USD 28.52. Mobileye forecast preliminary 2024 revenue below estimates showing that the automotive chip industry, which had so far avoided the chip supply glut crisis, will likely face a downturn too.
Source: indiatimes.com
Japan logs current account surplus for eighth straight month
Central bank chief says they expect trend inflation to gradually approach 2pc
Source: dunyanews.tv
HTLS 2023 Day 2 LIVE: Understanding the debate around simultaneous polls
The first session was focussed on the discussion around the chip race while the second session witnessed thought provoking discussion on simultaneous polls.
Source: hindustantimes.com
China Taiwan Us: Taiwan says awaiting US announcement on China chip waiver extension
Taiwan is awaiting a decision from the US government regarding a waiver extension for Taiwanese chipmakers to supply US chip equipment to their factories in China. Last year, the Biden administration implemented export controls to cut off China from certain semiconductor chips made with US tools.
Source: indiatimes.com