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Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Lip-Bu Tan has been appointed as the new CEO of Intel, tasked with leading the company's recovery in the semiconductor market. Originally from Malaysia, Tan holds a nuclear engineering degree from MIT and an MBA from California. He previously founded Walden International and served as CEO of Cadence Design Systems, where he successfully forged partnerships with TSMC and Apple.
Taiwan Semiconductor Manufacturing Company (TSMC) has proposed a joint venture with US chip manufacturers Nvidia, AMD, and Broadcom to manage Intel's foundry division, aiming for a maximum 50% stake to maintain US majority ownership. This initiative, which requires US government approval, follows requests for TSMC's assistance in enhancing Intel's manufacturing capabilities and marks TSMC's first specific outreach to major semiconductor players.
Taiwan Semiconductor Manufacturing Company (TSMC) has proposed a joint venture with US chip manufacturers Nvidia, AMD, and Broadcom to manage Intel's foundry division, aiming for a maximum 50% stake to maintain US majority ownership. This initiative, which requires US government approval, follows requests for TSMC's assistance in enhancing Intel's manufacturing capabilities and marks TSMC's first specific outreach to major semiconductor players.
TSMC has proposed a joint venture with Intel's foundry services to major tech companies, including Nvidia, AMD, and Broadcom. This move aims to strengthen partnerships and enhance semiconductor manufacturing capabilities in the competitive landscape.
TSMC has proposed a joint venture with Intel's foundry services to major tech companies, including Nvidia, AMD, and Broadcom. This move aims to strengthen partnerships and enhance semiconductor manufacturing capabilities in the competitive landscape.
Uber Technologies Inc. has abandoned its plan to acquire Delivery Hero SE’s Foodpanda business in Taiwan after the island's antitrust regulator rejected the deal. As a result, Uber will pay a termination fee of approximately $250 million. Despite the setback, the company remains committed to its operations in Taiwan, vowing to continue serving consumers, merchants, and delivery partners.
Uber Technologies Inc. has abandoned its plan to acquire Delivery Hero SE’s Foodpanda business in Taiwan after the island's antitrust regulator rejected the deal. As a result, Uber will pay a termination fee of approximately $250 million. Despite the setback, the company remains committed to its operations in Taiwan, vowing to continue serving consumers, merchants, and delivery partners.
Taiwan's stock market saw a significant decline, with the Taiex falling 1.73% to close at 22,071.09 on March 12, driven by concerns over the US economy. The electronics sector led the drop, with TSMC losing 2.71% and contributing approximately 220 points to the index's fall, influenced by a 3.64% decrease in its American depositary receipts.
Taiwan's stock market fell 1.73% on March 12, with the Taiex closing at 22,071.09, a drop of 388.06 points. This decline was driven by significant losses in US markets, particularly a 4% drop in the Nasdaq, and heavy selling in the electronics sector, which saw a 2.01% decrease. Taiwan Semiconductor Manufacturing Co. (TSMC) contributed notably to the decline, losing 2.71% to close at NT$971.00, influenced by a 3.64% drop in its American depositary receipts.
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Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
Intel appoints Lip-Bu Tan as new CEO to drive recovery efforts
08:40 13.03.2025
TSMC proposes joint venture to manage Intel foundry operations
06:15 13.03.2025
TSMC proposes joint venture to manage Intel foundry operations
06:15 13.03.2025
TSMC proposes Intel foundry joint venture to Nvidia AMD and Broadcom
18:49 12.03.2025
TSMC proposes Intel foundry joint venture to Nvidia AMD and Broadcom
18:49 12.03.2025
uber cancels foodpanda acquisition in taiwan following antitrust ruling
07:10 12.03.2025
uber cancels foodpanda acquisition in taiwan following antitrust ruling
07:10 12.03.2025
Taiwan stock market declines amid US economic concerns and tech sell-off
02:40 12.03.2025
Taiwan stock market declines amid US economic concerns and tech sell-off
02:40 12.03.2025
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