Monthly Archives: October 2024

[News] The Magnificent 7 amid AI Boom: How Much do Their CEOs Get Paid?

According to a report from TechNews, the AI boom has significantly boosted the share prices of the “Magnificent Seven”—Apple, Microsoft, Google’s parent company Alphabet, Amazon, NVIDIA, Meta, and Tesla—resulting in a total market value exceeding USD 16 trillion. Alongside this growth, the …

Posted in Emerging Technologies, Semiconductors | Tagged | Leave a comment

[News] Key Focus This Week: U.S. GDP & Employment Situation

Last week, U.S. stock market sectors experienced volatility, resulting in a slight 0.03% decline in the S&P 500 Index, ending its six-week winning streak. In the bond market, better-than-expected U.S. economic data led to increases in the yields of 2-year …

Posted in Macroeconomics | Tagged , , , , , | Leave a comment

[News] China’s Industrial Profits Decline Further Amid Expanding Deflation

China industrial profit continued to decline in September due to expanding deflationary pressure, according to data released by China’s National Bureau of Statistics on October 27. Profits for large-scale industrial enterprises fell by 27.1% year-on-year in September, down 9.3 percentage …

Posted in Macroeconomics | Tagged , , | Leave a comment

[News] Intel Invests $300M to Expand Chengdu Facility for Server Chip Packaging

Intel announced today an expansion of its packaging and testing facility in Chengdu, China. In addition to packaging and testing for client products, the facility will now offer services for server chips and will establish a Customer Solutions Center aimed …

Posted in IC Manufacturing, Package&Test, Semiconductors | Tagged , , | Leave a comment

[News] Former Intel Directors Urges the Company to Spin off its Fab Business

According to a report from Silicon Angle, four former Intel directors have published an article in Fortune, urging the company to spin off its fab business. The authors include Reed Hundt, a onetime Federal Commission Communications chair, Charlene Barshefsky, former …

Posted in Semiconductors | Tagged , | Leave a comment