Huawei says 2023 net profit doubled despite U.S. crackdown
TAIPEI -- China's Huawei Technologies said on Friday its net profit more than doubled in 2023, with revenue in all business segments rising on the year.
CHENG TINGFANG and LAULY LI in asian news
Intel to receive up to $8.5bn in U.S. CHIPS Act grant
WASHINGTON/TAIPEI -- Intel will receive up to $8.5 billion in grants and $11 billion in loans from the U.S. government to produce cutting-edge semiconductors in the biggest deployment of funds under the CHIPS and Science Act.
TSMC, Intel suppliers delay U.S. plants on surging costs, labor crunch
TAIPEI -- At least five suppliers to Taiwan Semiconductor Manufacturing Co. and Intel have delayed construction of facilities in Arizona, a sign that rebuilding America's chip supply chain is a bigger challenge than expected.
Nvidia deepens BYD ties as it taps China EV makers' demand for AI
TAIPEI -- U.S. chipmaker Nvidia is expanding its partnership with Chinese EV maker BYD to include AI training, auto manufacturing and in-car computing, even as the company is barred from selling some of its most powerful chips to China.
China AI champion iFlytek looks abroad despite U.S. crackdown
BARCELONA, Spain -- China's top provider of speech recognition tech is stepping up efforts to expand its overseas operations in Europe and elsewhere despite a U.S. crackdown on the company.
Huawei unveils in-house AI model targeted to telecom industry
BARCELONA, Spain -- Huawei has launched an AI training model built specifically for its flagship telecom business in its latest push to advance its technology amid a continued Washington crackdown.
Intel aims to deliver chips for 100 million AI PCs by 2025
BARCELONA, Spain -- Intel aims to provide core processors for up to 100 million artificial intelligence-enabled PCs by 2025 as the tech industry seeks its next growth driver, senior executives told Nikkei Asia.
TSMC predicts revenues could grow 26% this year on AI boom
TAIPEI -- Taiwan Semiconductor Manufacturing Co., the world's largest contract chipmaker, said on Thursday its revenues could grow by as much as 26% this year as the rise of generative AI computing fuels the growth of the global electronics industry.