Author page description
October 29
- Nvidia Poised for Record $5 Trillion Market Valuation
➀ Nvidia has reached a historic $5 trillion market value mark, driven by a major stock rally and its central role in the global AI boom;
➁ Since the launch of ChatGPT, Nvidia's shares have surged 12-fold, contributing to the S&P 500's record highs;
➂ Nvidia's CEO, Jensen Huang, has become a Silicon Valley icon, with the company's advanced chips becoming a focal point in the tech rivalry between the U.S. and China.
October 19
- Indonesia Battery Corp and CATL Unit Sign JV Deal for Battery Cell Plant
➀ Indonesia Battery Corporation (IBC) and a unit of CATL have formed a joint venture to build a battery cell manufacturing plant.
➁ The JV is expected to invest up to $1.18 billion in a plant with a planned capacity of 15 gigawatt hours.
➂ The plant is expected to start production in 2027, aiming to meet domestic and global demand.
- Samsung Delays ASML Chip Equipment Deliveries for US Factory
➀ Samsung Electronics has postponed taking deliveries of ASML's chip-making equipment for its new Texas factory due to a lack of major customers.
➁ The delay is a setback for Samsung's $17 billion Taylor project, which aims to expand into contract chip manufacturing.
➂ ASML, the world's largest chipmaking equipment supplier, has cut its 2025 sales forecast due to the delay.
August 21
- Microchip Technology's Certain Operations Disrupted by Cyber Incident➀ Microchip Technology, a leading semiconductor company, has reported disruptions in certain operations due to a cyber incident. ➁ The extent of the disruption and the nature of the cyber attack are currently under investigation. ➂ The company is working closely with cybersecurity experts to mitigate the impact and restore normal operations as soon as possible.
August 20
- EU Approves 5 Billion Euro German Aid for ESMc Semiconductor Plant in Dresden➀ The European Union has approved a 5 billion euro aid package from Germany for the establishment of a semiconductor manufacturing plant by ESMc in Dresden. ➁ This move is part of a broader strategy to boost Europe's semiconductor industry and reduce dependency on foreign suppliers. ➂ The plant is expected to start operations in 2024, significantly enhancing Europe's capacity in semiconductor production.