Business

Malaysia to build massive chip design park: PM

Malaysia's leader on Monday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation's role in the global chip industry.

Business

Taiwan chip giant TSMC's profits surge on AI demand

Taiwanese semiconductor giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024, buoyed by global demand for its microchips used to power everything from mobile phones to AI technology.

Business

Biden lands another big Taiwan chip investment

The Taiwan chip giant TSMC has agreed to build a third semiconductor factory in Arizona, raising its total investment in the United States to $65 billion, US officials said Monday.

Business

Taiwan's TSMC reports profit drop in third quarter

Taiwan's TSMC on Thursday said profit fell by a quarter in the third-quarter, but said demand was picking up for its advanced semiconductors needed for cutting-edge AI applications.

Business

Lessons learned from the chip crisis in the automotive industry

The chip crisis has kept the automotive industry on its toes in recent years. In many companies, shifts had to be canceled, model series had to be put on hold and entire plants had to be temporarily closed due to a shortage ...

Chip component plant to get $300M expansion in Pennsylvania

The electronics subsidiary of German multinational health care company Merck KGaA said Wednesday it will spend $300 million to expand its specialty gas production facility in eastern Pennsylvania in a step that state officials ...

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