NVIDIA reported Q3 2024 revenue of $35.08 billion, a 94% year-over-year increase and a 17% quarter-over-quarter rise, surpassing analysts' expectations of $33.16 billion. Net income for the quarter reached $19.31 billion, up 109% year-over-year.
TSMC's Fab 21 in Arizona is set to hold its opening ceremony in December, with reports suggesting attendance by figures like Donald Trump and Joe Biden.
The South Korean government plans to invest 622 trillion Korean Won by 2047 to build the world’s largest “semiconductor super-cluster,” further strengthening its global semiconductor market position.
South Korea plans to formulate the "Chip Act" to cope with the potential risks brought by the measures threatened by the incoming US President Donald Trump.
The Biden administration in the U.S. is rushing to disburse more funds from the $53 billion allocated under the CHIPS Act before Trump potentially returns to office.
Elon Musk's SpaceX has requested suppliers in Taiwan to move their production lines overseas, leading some companies to relocate parts of their supply chain.