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2024-08-29

[News] Supermicro Faces Order Withdrawal Crisis, Potentially Benefiting Dell

Supermicro Computer has reportedly been targeted by short-sellers and questioned over alleged accounting manipulations, leading to a delay in filing its 2024 10-K annual report and causing market unease. On August 27, Hindenburg Research, a short-selling company known for targeting major entitie...

2024-08-29

[News] iPhone Orders Rumored to Rise Over 10% This Year amid AI Demand, yet Suppliers Stay Cautious

According to a report from Nikkei on August 29, Apple is said to be betting that its first iPhone with Apple Intelligence will be a hit. Thus, the tech giant has requested suppliers to provide components for approximately 88 to 90 million iPhones, over 10% more than the initial component orders of ...

2024-08-29

[News] IC Design Leaders Scramble for 2nm Advantage as TSMC Launches September CyberShuttle

TSMC is set to offer a new round of its CyberShuttle prototyping service in September. According to sources cited in a report from Commercial Times, it’s revealed that, as per usual practice, there are two opportunities each year, in March and September, for customers to submit their projects. It...

2024-08-29

[News] U.S. Consumer Confidence Edges up in August Despite Labor Market Concerns

The U.S. Consumer Confidence Index slightly increased in August, reaching 103.3, as reported by the Conference Board on August 27.  This marks a small rise of 1.4 from the previous month. Both the Present Situation Index and the Expectations Index improved in August, indicating that consumers r...

2024-08-29

[News] NVIDIA’s Q3 Forecast Fails to Impress, while It Claims Blackwell to Bring Several Billion Dollars Revenue in Q4

AI chip NVIDIA provided financial guidance for the third quarter, estimating its quarterly revenue to reach USD 32.5 billion, with a fluctuation of plus or minus 2%. The figure, though beats market expectations in general, still falls short of the market’s most optimistic forecast of USD 37.9 bill...

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