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NEWS TAGGED AI
Monday 6 May 2024
Semco and LG Innotek outperform expectations in 1Q24 due to AI-driven growth in high-end components
Amidst the global economic downturn and the continuous slowdown in end-product IT demand, Samsung Electro-Mechanics (Semco) and LG Innotek, which previously experienced severe performance...
Monday 6 May 2024
AMD optimistic about AI-related performance; gaming business unlikely to improve in short term
In the first quarter of 2024, AMD's data center and client revenue experienced year-on-year growth rates of over 80%. The company is optimistic that AI will fuel these two businesses...
Monday 6 May 2024
OpenAI, Financial Times ink content deal for real-time news training
Financial Times (FT) has reached a content licensing agreement with OpenAI, enabling the startup to utilize FT's database to train its GenAI models.
Monday 6 May 2024
TSMC sees AI contributing to more than 20% of 2028 revenue
In early 2023, ChatGPT ignited a global boom in Generative AI, driving demand for related software and hardware. Nvidia's value skyrocketed and the entire supply chain, upstream and...
Monday 6 May 2024
BCG unveils generative AI's role beyond ChatGPT
Amidst the tidal wave of Generative Artificial Intelligence (Generative AI), Boston Consulting Group (BCG) issues a clarion call: the potential of Generative AI transcends the realms...
Monday 6 May 2024
Weekly news roundup: How long can China subsidize its semiconductor industry?
These are the most-read DIGITIMES Asia stories in the week of April 29 – May 3.
Friday 3 May 2024
Imec.xpand launches EUR 300M fund amid global race for semiconductor supremacy
Imec.xpand, an independent global venture capital fund, today announced the launch of a new EUR 300 million fund aimed at accelerating the growth...
Friday 3 May 2024
Ibiden's fiscal slump: IC substrates drive profit plunge, amid promising AI demand
Japan-based IC substrate manufacturer Ibiden saw a decline in its fiscal performance for 2023 (April 2023 to March 2024).
Friday 3 May 2024
Qualcomm sees smartphone demand surge, eyes AI PC market entry
Qualcomm's first-quarter fiscal report has signaled an ongoing recovery in smartphone demand, with robust demand in the high-end Chinese smartphone market.
Friday 3 May 2024
Pegatron latest company to venture into Traditional Chinese AI LLMs; partners up with NTU team
Following in the footsteps of MediaTek, Pegatron is also starting to use open-source models to build a Traditional Chinese LLM, with partners including Nvidia and other industry representatives...
Friday 3 May 2024
Microsoft CEO wraps up Southeast Asia tour, pledging billions into AI talent boost and establishment of data centers
Microsoft CEO Satya Nadella's tour across Southeast Asia has concluded, having visited three key countries: Indonesia, Thailand, and Malaysia, as part of the company's strategic outreach...
Friday 3 May 2024
Meta struggled to monetize AI products in near term
Meta regained market focus with the widespread popularity of its open Llama. Nevertheless, as its AI investments are still in the early stages, it will take years to see returns.
Friday 3 May 2024
Samsung's MX division scores stellar 1Q24 results fueled by AI-powered Galaxy S24 success
Bolstered by strong sales of its first AI smartphone, the Galaxy S24 series, which debuted earlier this year, Samsung Electronics Mobile eXperience (MX) division achieved remarkable...
Friday 3 May 2024
Microsoft's OpenAI investment driven by fear of falling behind Google: 2019 email unveils
A newly surfaced internal email revealed what drove Microsoft's decision to invest in OpenAI.
Friday 3 May 2024
Japan takes ambitious action on advanced packaging technology to capture Chiplet and AI chip opportunities
The potential of advanced packaging technology to upgrade chip performance has attracted many Japanese equipment and material suppliers to allocate their resources in this highly...