Apple's Indian dream dented by China pushback
Foxconn boots Chinese workers as Beijing tightens grip
The Fruity Cargo Cult Apple’s plans to turn India into its new iPhone haven have run into trouble, as Foxconn has been quietly shipping Chinese staff out of the country. This follows its $1.5 billion investment and India’s green light for a new semiconductor plant.
TSMC dumps GaN as price war bites
PSMC steps in with Navitas to chase AI power chip gold rush
The world's top chipmaker TSMC has decided to ditch its gallium nitride (GaN) wafer foundry business, confirming it will be out by 31 July 2027.
Microsoft axes 9,000 staff in AI cash shuffle
Tech giant sheds four per cent of workforce to keep AI wheels turning
Software King of the World, Microsoft is slashing around 9,000 jobs globally as it shuffles cash towards its ever-growing AI empire. The move carves out about four per cent of its 228,000-strong workforce and comes hot on the heels of earlier bloodlettings in May and January.
580 series will be the swan song for aging cards
Nvidia is set to drop the curtain on driver support for its Maxwell, Pascal, and Volta GPUs, with the upcoming 580 driver series marking the final stop on the update train.
ASML outlook dims as Intel wobble spooks investors
Bank of America slashes forecast, doubts Intel and SK hynix will save high NA EUV tech
Bank of America has taken a scalpel to ASML’s share price target, hacking it down to €759 from €795 on the back of waning enthusiasm for its latest high numerical aperture (high NA) extreme ultraviolet (EUV) lithography gear.