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TAIPEI -- Taiwan Semiconductor Manufacturing Co. on Thursday said the recovery in the smartphone and PC markets was milder than expected, limiting the pace of global semiconductor growth for 2024 despite demand for generative AI computing remaining strong.
The next time micromobility company Lime accepts a shipment of e-bikes and e-scooters in California, a new state law means the cargo must be loaded onto an electric truck.
Malaysia isn't fazed about competition from China or the U.S. as it pushes into higher-end semiconductor manufacturing, according to the country's second finance minister.
Chip stocks fell on Wednesday after ASML, a key developer of semiconductor manufacturing equipment, said that bookings fell by 61% sequentially during the first quarter, a steeper drop than investors had expected. AMD's stock fell over nearly 6%, Nvidia shares fell over 3%, Intel shares fell under 2% and Qualcomm was off over 2%. But the biggest drop affected chip technology firm Arm, which was trading nearly 12% lower on Wednesday.
A top Biden cybersecurity official urged the nation's ports in a joint call on Wednesday to have their data encrypted, rapidly patch any vulnerabilities in critical systems, and have a well-trained cyber team as hacks targeting key U.S. infrastructure increase.
Tesla is laying off 285 employees in the state of New York as part of a broader restructuring according to a WARN notice filed in the state. Most of these employees worked at the company's Buffalo factory and a handful at a store and service center in the area per the filing.
JAKARTA/PALO ALTO, California -- Apple CEO Tim Cook said the iPhone maker will "look at" the possibility of manufacturing in the country after a meeting with Indonesian President Joko "Jokowi" Widodo on Wednesday.
TAIPEI -- Foxconn Technology Group has introduced the position of rotating CEO as the major Apple supplier plans to cultivate its next generation of leaders and seeks to improve its corporate governance.