Technology



Aletheia lifts TSMC price target to record $600 on AI demand

Aletheia Capital has raised its price target on Taiwan Semiconductor Manufacturing Company to $600 from $500, marking the highest forecast on Wall Street while maintaining a buy rating on the stock. The firm also increased its target for Taipei listed shares to 3,000 TWD, applying forward price to earnings......

Foxconn reports strong first-quarter growth driven by AI demand

Foxconn, the world’s largest contract electronics manufacturer, announced a significant rise in its first-quarter revenue, reflecting growing demand for artificial intelligence technologies. The company reported revenue of approximately T$2.13 trillion for the January–March period, marking......

Iran war threatens Asia's AI boom as energy costs surge

Asia's artificial intelligence ambitions face a significant test as the conflict in Iran drives up energy prices, strains supply chains, and raises production costs across the region's semiconductor industry, even as chip exports reach historic highs. South Korea's semiconductor exports......

Apple launches $599 MacBook Neo, shaking up the budget laptop market

Apple has begun shipping its new MacBook Neo, a 13 inch budget laptop starting at $599, or $499 for education customers. The device marks the company’s most aggressive move into the affordable computer market and has quickly drawn strong reactions from competitors across the PC industry. The MacBook......

Wistron president dismisses AI bubble fears amid US factory ramp-up

The chairman of Taiwanese electronics manufacturer Wistron has rejected claims that artificial intelligence is a speculative bubble, arguing instead that the technology is ushering in a lasting industrial shift. Speaking in Taipei, Simon Lin said demand linked to artificial intelligence is expected to......

Micron warns memory chip shortage will extend beyond 2026

Micron Technology has issued a stark warning that a global memory chip shortage has reached unprecedented levels and will persist beyond 2026. Surging demand for AI infrastructure is overwhelming production capacity, sidelining consumer electronics in the process. Manish Bhatia, Micron's executive......

China halts Nvidia H200 orders pending import conditions

Beijing has instructed Chinese tech firms to pause orders for Nvidia's advanced H200 AI chips while regulators finalize import requirements, according to multiple reports this week. The directive coincides with deliberations over mandating purchases of domestic chips alongside each H200 order. This......

World App introduces encrypted chat and crypto banking in major global rollout

The World App, developed by the team behind Worldcoin and co-founded by Sam Altman, has undergone a major transformation, evolving into a multifunctional platform that merges secure communication with financial services. The latest update introduces an encrypted chat service, digital banking features,......

Nvidia weighs expanding H200 output as China rushes to secure AI chips

Nvidia is considering ramping up production of its H200 artificial intelligence chips after seeing a surge in orders from Chinese technology companies. The U.S. chipmaker informed clients that requests have exceeded its current supply, following Washington’s decision to permit exports of the processors......

TSMC accelerates expansion as soaring AI chip demand overwhelms its packaging capacity

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, faces an unprecedented surge in demand for its advanced packaging technology as global tech giants race to power artificial intelligence applications. The company’s proprietary Chip-on-Wafer-on-Substrate......

TSMC to boost Taiwan’s semiconductor leadership with three new 2-nanometer fabs

Taiwan Semiconductor Manufacturing Company (TSMC) is set to significantly expand its 2-nanometer chip manufacturing capacity by constructing three additional fabs in Taiwan’s Southern Science Park. This ambitious expansion will increase TSMC’s total 2nm fab count in Taiwan from seven to ten,......

TSMC accelerates production and expands capacity to meet unprecedented AI chip demand

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker, is intensifying its production to meet soaring demand for artificial intelligence (AI) chips. Operating around the clock, TSMC is rapidly scaling its advanced technology offerings, including the 2-nanometer (nm) process......

Nvidia CEO praises TSMC as demand for Blackwell chips surges

Nvidia's CEO, Jensen Huang, made an emotional return to Taiwan over the weekend, marking his fourth visit this year. Speaking at Taiwan Semiconductor Manufacturing Co.’s (TSMC) annual sports day in Hsinchu, Huang delivered a heartfelt speech in Mandarin, acknowledging the critical role TSMC......

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