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Asian stock markets are trading on a mixed note on Friday, as upbeat earnings from Taiwan Semiconductor Manufacturing Company (TSMC) supported confidence in artificial intelligence-linked stocks, even while broader regional sentiment remained cautious.Taiwan was up 2.11% or 649 points to 31,459. In South Korea, Kospi was trading in green, with a gain of 30 points…
Taiwan Semiconductor Manufacturing Co. (TSMC) has filed a lawsuit against a former executive, Lo Wen-jen. The world’s biggest contract chipmaker by market share has alleged that Wen-jen leaked trade secrets before joining rival Intel. According to a Bloomberg report, the company claimed there is a high probability that the 75-year-old executive disclosed proprietary knowledge to…
TSMC has reportedly opened an internal investigation to find whether Lo Wen-jen has taken trade secrets with him to Intel without its consent. According to a report in Bloomberg, Taiwanese newspapers spent the week reporting on the transition of Lo Wen-jen, 75, from his retirement from TSMC earlier this year to joining Intel in recent…
Intel CEO Lip-Bu Tan has dismissed the allegations that a recently hired executive brought proprietary information from Taiwan Semiconductor Manufacturing Company (TSMC) to the American chipmaker, asserting that Intel respects intellectual property rights. The comments came a day after Taiwan’s High Prosecutors Office launched an inquiry to determine whether any laws were violated, according to…
Nvidia CEO Jensen Huang has once again shown confidence in chipset maker TSMC. During a recent Taiwan visit, Huang reaffirmed his company’s deep reliance on Taiwan Semiconductor Manufacturing Co. (TSMC) by declaring the foundry’s role as indispensable to Nvidia’s success. Over a hotspot dinner with TSMC CEO CC Wei in Taipei, Huang said the now-viral…
Ming-Chi Kuo, the popular Apple analyst has validated his earlier predictions. In a post shared on social media platform X (formerly known as Twitter) Kuo said that Tesla CEO Elon Musk pushed to build Tesla’s own semiconductor fabs marking a strategic shift towards full control of the company’s AI future. The comments made by Kuo…
