AMD reports third quarter 2024 financial results
Revenue up by 18 percent YoY, but investors are not happy
AMD has reported its third quarter 2024 financial results, reporting a revenue of $6.8 billion, an increase of 18 percent year-over-year, and strong growth in gross and operating profit and margin, and earnings per share. The company is on track to deliver its record annual revenue this year, and all thanks to strong Data Center and Client segments.
OpenAI forms pact with Broadcom
No longer wants custom foundaries
OpenAI has decided to shelve its plans to build custom foundries. Instead, the company will partner with semiconductor giant Broadcom to develop its first batch of custom AI chips.
TSMC faces severe challenges
Free trade for chips is dead warns boss
At a TSMC (TSM) event, founder Morris Chang said the company will soon face its “most severe” challenges in driving growth as free trade of semiconductors falters.
Apple announces new iMac with M4 chip
Same design but with an "array of gorgeous new colors"
Apple has officially announced the new iMac, equipping it with the M4 SoC and giving it access to Apple Intelligence. Of course, Apple did not bother to change the design, but it did give it a few connectivity updates, a new nano-texture glass option for the 24-inch 4.5K Retina screen, and a new 12MP front camera.
Intel expands Chengdu chip operations
Never mind the cybersecurity concerns
Despite calls for security investigations into its chips, Intel has announced plans to expand its chip packaging and testing base in Chengdu.