Marvell Technology announced its Teralynx T100 switch ASIC, a monolithic 100.4 Tb/sec chip built on TSMC's 3nm process with 512 200 Gb/sec SerDes, offering 25% lower power consumption than chiplet-bas…
Moonshot AI, a Beijing-based AI startup, on Thursday released Kimi K3, the largest open-weight large language model ever, which performs competitively with Anthropic's Fable 5 at a fraction of the cos…
Taiwan Semiconductor Manufacturing Co. (TSMC) posted record Q2 revenue of over $40 billion but saw its shares fall 4%, dragging the Nasdaq 100 down 1.4%, after raising its 2026 capital expenditure for…
ASML is granting nearly all of its 44,500 employees a one-off share award worth €20,000 each, locked until 2030, to retain talent amid tight labor markets for EUV lithography engineers. The retention …
Tesla and Intel report Q2 2026 earnings this week, with potential ripple effects on crypto markets. Tesla, a major corporate Bitcoin holder, releases results on July 22 after market close, while Intel…
ASML is giving all 45,000 employees a one-time €20,000 share award vesting in 2030, the company confirmed on Friday, as AI demand drives record sales. The payout joins a wave of AI-boom bonuses across…
Moonshot's Kimi K3, a 2.8-trillion-parameter open-source AI model billed as the largest ever, helped trigger a global tech and semiconductor selloff on Friday, reviving comparisons to the DeepSeek sho…
The semiconductor sector lost over $1 trillion in market value in under two months, with the VanEck Semiconductor ETF dropping 5% in a single session, even as demand data from hyperscalers and chipmak…
Japan's Nikkei 225 plunged 4% to 64,141 on Friday, entering correction territory more than 10% below its June 25 peak, as a Wall Street sell-off in AI and semiconductor stocks spread across Asian mark…
Wall Street headed for a weekly loss Friday as AI-related stocks slumped, with S&P 500 futures down 0.8%, Dow futures off 0.5%, and Nasdaq futures tumbling 1.6%. Chipmakers including Micron, Nvidia, B…
Asian stocks tumbled this week even after Taiwan's TSMC reported blockbuster numbers, with Korea's KOSPI plunging 6% on Thursday amid concerns about AI capex durability and unwinding of leveraged posi…
Tech stocks led a steep global sell-off as investors lost faith in the AI chip trade, with U.S. futures down 0.66% following declines in Asia and Europe. Chipmaker TSMC fell 2.63% and Netflix dropped …
TSMC shares fell 6% on Thursday after the chipmaker raised its AI-spending forecast, marking the latest instance where investors punished an AI-linked company for overspending despite beating earnings…
Coronation Fund Managers, a South African firm overseeing roughly $47 billion in assets, has reduced its positions in TSMC and SK Hynix, redirecting capital toward Indian equities due to concerns that…
TSMC raised its 2026 capital budget to as much as $64 billion and pledged an additional $100 billion in U.S. investment, adding to a $165 billion Arizona project, to meet surging AI demand from custom…
Asian tech stocks fell on Friday after a tech rout on Wall Street, where the Nasdaq dropped 1.5% following a TSMC report that received a cool market reception despite beating profit expectations. Japa…
Taiwan Semiconductor Manufacturing Co. (TSMC) announced a $100 billion investment plan to expand its advanced chip production capacity, betting on surging demand from artificial intelligence applicati…
Taiwan Semiconductor Manufacturing Co. (TSMC) will invest an additional $100 billion in Arizona, bringing its total U.S. investment to $265 billion, after reporting a record 77.4% year-over-year jump …
Taiwan Semiconductor Manufacturing Co. (TSMC) announced an additional $100 billion investment in its Arizona semiconductor operations, bringing total planned US spending to over $165 billion, one of t…
AI chips now account for roughly one-third of Taiwan Semiconductor Manufacturing Co.'s (TSMC) total revenue, CEO CC Wei said during an earnings call, as the foundry announced an additional $100 billio…