Monthly Archives: September 2024

[News] TSMC Reportedly Begins Small-Scale Production in Arizona for Apple’s A16 with the N4P Node

In early September, rumors have it that TSMC’s first US fab in Arizona began producing engineering wafers using the 4nm process in April, with yields reportedly comparable to those manufactured in its Southern Taiwan Science Park facility. Now here’s the …

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[News] Fed FOMC Summary: Fed Rate Cut by 50 bps, SEP Suggests Two More Rate Cut in 2024

The Federal Reserve held its FOMC meeting on September 18, announcing a 50-basis point cut to the federal funds rate, lowering it to a range of 4.75% to 5%. In its post-meeting statement, the Fed noted that the labor market …

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[News] ByteDance Reportedly Turns to TSMC on in-house AI Chips to Cut Purchase Cost on NVIDIA

ByteDance, the parent company of TikTok, is said to be collaborating with TSMC, eyeing for the mass production of two self-developed AI chips by 2026, according to reports by Economic Daily News and The Information. ByteDance’s AI chips are expected …

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[News] US and Japan on the Verge of Deal to Restrict Chip Technology Exports to China

According to a recent Financial Times report, the US and Japan are nearing an agreement to restrict tech exports to China’s chip industry, despite Tokyo’s concerns over potential retaliation from Beijing. The White House aims to introduce new export controls …

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[News] U.S. Retail Sales Beat Expectations in August, but Markets Still Bet on Aggressive Fed Rate Cuts

The U.S. retail sales slightly increased in August, as reported by the U.S. Census Bureau on September 17. The U.S. Retail sales rose by 0.1% month-over-month in August, down from 1% in July, but better than market expectations of -0.2%. …

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