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Goldman Sachs names stocks in a corner of AI, giving one big upside

Goldman Sachs is bullish about generative artificial intelligence: It expects it will drive upside in the broader S&P 500 and one specific corner of tech. ....

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Increasing Adoption of Light Sensors in Consumer Electronics and Automotive to Boost the Light Sensors Market Growth

Infrared Light Detection), by Output (Analog and Digital), by Integration (Discrete and Combination), by Applications (Consumer Electronics, Automotive, ....

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Elan forecasts sales plunge on demand cuts

Elan Microelectronics Corp (義隆電子), which designs chips used in PC touch pads and touch screens, yesterday said revenue would plummet about 30 percent sequentially this quarter as customers scale back orders due to sagging computer demand and excess inventory.
The company said growth momentum for commercial notebook computers began to ebb in the second half of this year, as enterprises cut spending amid soaring inflation and economic headwinds.
As customers are stepping up efforts to reduce channel inventory, especially touch pads used in Chromebooks, the overall inventory level is expected to return to normal in the first half of next year, ....

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University launches long-planned tech center

The National Taipei University of Technology yesterday unveiled a research center for energy, artificial intelligence (AI) and semiconductors in collaboration with the government and private enterprises.
The center, which has been in planning for three years, is to serve as a platform for research and development, cultivation of expertise and creation of global connections, university president Wang Hsi-fu (王錫福) said at the plaque unveiling ceremony, which was attended by Vice President William Lai (賴清德).
State-of-the-art research and development capabilities would be furnished by the university’s private-sector partners, with the aim of enabling a seamless integration of education and practical application, Wang said.
The ....

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Taiwan government account to help Ukraine raises NT$80 million in a day

Taipei, March 3 (CNA) A Taiwan government-designated account has raised nearly NT$80 million (US$2.8 million) one day after it was established to raise money to help Ukrainian refugees forced to flee their country by the Russian invasion. ....

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