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Author Archives: TrendForce
[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 …
[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 …
Posted in Artificial Intelligence, Emerging Technologies, IC Manufacturing, Package&Test, Semiconductors
Tagged 5nm, ByteDance, H20, Nvidia, TSMC
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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 …
[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%. …
[News] Breakthrough in China’s Domestic DUV Equipment to 8nm? Experts Call It a Misunderstanding
Recent reports of breakthroughs in China’s chip manufacturing equipment have gained attention, with rumors suggesting that China’s domestically-made DUV equipment can produce chips at 8nm and below. Some companies have also applied for EUV equipment patents. However, according to a …