Latest news and articles about electronic chips from NEX English
The European Commission is set to unveil a new proposal aimed at increasing demand for European chips, particularly in the field of artificial intelligence. This initiative is part of an amendment to the Chips Act, focusing on demand rather than supply.
Thor Choi Hua, the 57-year-old wife of the former CEO of City Raya, has been sentenced to nearly two years in prison for her involvement in a $51 million fraud scheme involving stolen electronic chips. The couple evaded justice for 20 years before their arrest in December 2024.
Morgan Stanley predicts a significant rise in spending on electronic chips driven by advancements in artificial intelligence agents. This trend reflects a shift in how AI is utilized for task execution.
Samsung Electronics announced its quarterly profit forecasts, expected to surpass last year's total profits, driven by increased demand for artificial intelligence chips. The projections indicate an operating profit of 57.2 trillion won.
U.S. officials reveal that Iran has acquired electronic chip manufacturing equipment from China's largest company, CMIC, raising concerns about military cooperation between Tehran and Beijing amidst escalating tensions with the U.S.