Protect AI Inc., a security and artificial intelligence startup, has raised US$60 million from investors betting that the intersection of AI and security will be big business.
Transcend Information reported consolidated revenue of NT$2.33 billion (US$71.05 million) for the second quarter of 2024, a 14.7% decrease from the previous quarter and a 5.6% decrease year-on-year. The company also posted a net profit of NT$716 million, down 11.3% from the first quarter.
LG Display (LGD) is expected to become the second supplier of OLED panels for Apple's iPhone SE4, slated for release in the first half of 2025. Samsung Display (SDC) will focus primarily on the high-end iPhone 16 series.
The relationship between Microsoft and the AI startup OpenAI may be getting complicated, as Microsoft has included OpenAI on its list of competitors in its annual report, alongside companies like Amazon, Apple, Google, and Meta Platforms, according to a CNBC report,
Gallium Nitride (GaN) semiconductors, having made a strong debut with fast chargers for consumer electronics, are now finding fresh opportunities in AI servers, data centers, and most recently, robotics. The rapid expansion of generative AI has spotlighted the potential for GaN technology in various robotic applications, from LiDAR sensing systems to motor controllers and battery management systems.
Aided by its outstanding capabilities in building Fab 4.0 smart factories, Grade Upon Technology Corp (GUTC) has successfully penetrated the supply chains of leading wafer foundries and American memory chipmakers within just seven years of its establishment, with its business growing steadily year by year.
Silicon Motion Technology has reported revenues exceeding the top margin of its guidance, with gross margins also hitting the ceiling of its expectation range for the second quarter of 2024. The revenue amounted to approximately US$211 million in the second quarter, reflecting an 11% growth compared to the previous quarter and a significant 50% increase year-on-year. The gross margin for the quarter was 46%, and the net profit after tax was US$32.46 million.
SK Hynix is set to showcase its latest advancements in its memory technologies and products at the upcoming Future Memory and Storage (FMS) 2024 event.
Compound semiconductor epitaxial wafer (epi-wafer) manufacturer IQE is swiftly adjusting its global strategy by expanding outside its UK base in response to geopolitical volatility and supply chain restructuring. The company has also applied for government subsidies in the US and EU to increase its gallium nitride (GaN) capacity.
SK Hynix is reportedly considering an initial public offering (IPO) for its solid-state drive (SSD) subsidiary, Solidigm, in the US, following a surge in demand for enterprise SSDs (eSSDs). This move comes as Solidigm returns to profitability after 12 consecutive quarters of losses, driven by the increasing adoption of eSSDs in AI servers.
Taiwanese panel giant AUO is undergoing a significant transformation to diversify its business and reduce reliance on the cyclical display panel market. The company is focusing on three core operating structures: smart mobility solutions, vertical solutions, and display technology.
As the US presidential election 2024 heats up, it's impacting geopolitical changes at many levels. However, the notebook supply chain points out that while there's an increase in customer inquiries, there are no concrete actions yet. The supply chain indicates the main issue is the limited growth of the overall notebook market. Manufacturers are producing, but no one is operating at full capacity.
Japan has implemented additional tax incentives and other measures to vigorously pursue ambitious efforts aimed at rebuilding its semiconductor industry.
AMD has further raised its full-year revenue forecast for AI data center GPUs to US$4.5 billion, underscoring the surging demand for computing power driven by generative AI. The chipmaker is ramping up its investments in both hardware and software solutions to capture this growing market.
ASE Technology Holding (ASEH) plans to follow in TSMC's footsteps by establishing an advanced packaging fab in Kyushu, Japan, according to industry sources.
IQE, a leading British manufacturer of compound semiconductor epitaxial wafers (epi-wafer), has announced that its Taiwanese operating subsidiary IQE Taiwan will launch an initial public offering (IPO) on the Taiwan Stock Exchange (TWSE).
As the flagship smartphone AP battleground officially enters the 3nm era in the second half of 2024, MediaTek, Qualcomm, and Apple are all said to be preparing chips with vast performance improvements. In addition to more advanced processes, these improvements also benefited from enhanced designs and NPU processing power to facilitate AI functionality.
At a recent earnings conference, Ping Zheng, CEO of Delta Electronics, announced that the company's AI server liquid cooling products will start shipping in the third quarter.
Photo: Ping Zheng, CEO of Delta Electronics. Credit: DIGITIMES
Apple's performance in the past quarter was impacted by a strong dollar, with the Chinese market continuing to pose significant challenges. Additionally, the company offered limited details on the progress of Apple Intelligence, leaving concrete advancements largely unspecified.
PCB and CIS supply chain manufacturers are expected to see explosive orders for the iPhone 16, Apple's first AI smartphone module equipped with the A18 chip, as the peak season for iPhone shipments approaches.
Global server shipments grew by 7.3% sequentially in the second quarter of 2024, surpassing previous forecasts. The main reasons are the initiation of general-purpose server updates by more large US cloud service providers and the continuous increase in procurement and shipments of high-end AI servers by cloud service providers and brand vendors, according to DIGITIMES Research's latest server report covering the second quarter and second half of 2024.
Intel has unveiled a cost reduction plan involving significant layoffs, substantial cuts in operating expenses, and a sharp reduction in capital expenditures (capex). The announcement comes as the company projects a weak financial outlook. Intel plans to ramp up in-house chip manufacturing and decrease its reliance on outsourcing to TSMC in 2026.
Amazon's AWS division continued to gain momentum despite reporting lower-than-expected revenue. The company plans to boost its capital expenditures to accommodate the growing demand for AI-driven cloud services.
China Resources Microelectronics (CR Micro) plans to hike pricing for power MOSFET and IGBT chips to reflect its fully utilized fab capacity, according to industry sources.
In their latest earnings report, mobile chip giants MediaTek and Qualcomm both maintained their previous forecasts for the smartphone market in the second half of 2024. Both companies believe that annual smartphone shipments in 2024 will see only a slight improvement over 2023 levels at best, and may even remain flat.
Samsung Electronics' HBM3E memory is in the final stages of its qualification test for a significant client, and shipments are expected to commence as early as August, according to industry sources.
OpenAI, responding to questions from US lawmakers, said it's dedicated to making sure its powerful AI tools don't cause harm, and that employees have ways to raise concerns about safety practices.
Applied Materials Inc. was informed by US officials that it won't be receiving Chips Act money for a long-anticipated research and development center, dealing a critical blow to a much-touted project in the heart of Silicon Valley.
E Ink Holdings (E Ink) and Himax Technologies (Himax) have jointly unveiled the next-generation color e-paper timing controller, an ASIC T-Con named T2000.
Epitaxial wafer manufacturer LandMark Optoelectronics expects its product mix improvement to drive revenue and profit growth in the third quarter, as US silicon photonics customers begin to pull shipments of 800G (Gigabits per second) or even 1.6T (Terabits per second) networking solutions targeting AI applications and data centers.
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