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TSMC second-quarter sales rise 38.6% y/y, beat forecasts
TSMC , the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence applications.
Nvidia reaches historic $4 trillion valuation, leads Wall Street’s AI charge
Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.
TSMC Posts Q2 Sales of T$933.8 Billion, Above Forecasts
TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence (AI) applications.
Chipmaker SiPearl Raises €130 Million in EU Sovereign AI Push
European Union-backed chipmaker SiPearl has raised €130 million ($152 million) from investors including Taiwan’s Cathay Venture, as Europe pushes for technological sovereignty.
GlobalFoundries buys RISC-V chip firm MIPS to accelerate its AI ambitions
U.S. chipmaker GlobalFoundries Inc. is moving into the RISC-V processor business after announcing plans to buy the chip developer MIPS Technology LLC for an undisclosed price.
Chipmaker Sequans Raises $384M to Buy Bitcoin. Its Stock Is Flying.
Paris-based Sequans Communications said it raised $384 million, which it will use to begin a bitcoin treasury.
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