Tech
Intel warns of two-year chip shortage
CEO Pat Gelsinger has warned the worst of the global chip crisis is yet to come, after Intel reported flat revenues for 2021.
The chip shortage, caused by a combination of the pandemic, global supply shortages and poor relations between the US and China is likely to last well into 2023, according to Gelsinger.
The company reported a slight two percent YoY revenue rise for the second quarter of the year, from $18.2 billion to $18.5 billion. It forecasts a 5.4% revenue increase for Q3, as well as a modest full-year growth of one percent to $73.5 billion.
What is big tech doing?
Intel is set to announce the construction of new semiconductor factories in Europe and the US, after the Biden administration announced $52 billion of infrastructure spending to combat the shortage.
The firm’s recently embarked upon IDM 2.0 strategy combines internal manufacturing capacity with the use of third-party producers, which positions the company to weather the challenges and build a more resilient supply chain.
Roughly 25% of Intel’s revenue is tied up in China, which Gelsinger says has “an insatiable thirst for technology that helps them digitise their economy”.
He said he hoped that Intel could be “as influential as possible” in bringing back good relations between the US and China.
In its roadmap to 2025, Intel also announced a move to smaller, more powerful semiconductors to combat chip shortages
The company aims to move away from naming its chip tech using nanometres – which they originally used to name the small spaces between transistors, but has since become a marketing term.
“It’s a lot of years since we were actually measuring physical dimensions,” says Gelsinger, acknowledging that the “industry has drifted away from how Intel looked at it.”
“It’s a new era of 3D structures and atomic level devices,” he says, citing new architecture and power delivery networks that he hopes will drive the firm forward in the coming decade.
Tech
TSMC posts record profits on AI chip boom
TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.
TSMC posts record Q4 profit, driven by strong chip demand, exceeding predictions and signaling market dominance.
Taiwan Semiconductor Manufacturing Company (TSMC) has posted a record net profit for the fourth quarter, driven by strong demand for advanced chips.
Net profit surged 35% year-on-year, exceeding analyst expectations and signalling a dominant position in the semiconductor market.
Quarterly revenue also rose 20.5% compared to last year, supported by robust sales in AI and high-performance computing segments. The company’s success reflects the growing global appetite for cutting-edge semiconductor technology.
Looking ahead, TSMC plans to ramp up capital expenditure, projecting investments of up to $56 billion in 2026. The positive results have sparked an upbeat reaction across global markets, highlighting TSMC’s influence in the tech sector.
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#TSMC #Semiconductors #AIChips #TechNews #HighPerformanceComputing #StockMarket #QuarterlyEarnings #TechInvesting
Tech
X restricts Grok AI as global backlash grows
X restricts Grok AI from creating sexualized images amid global backlash and regulatory concerns, aligning with UK guidelines.
X restricts Grok AI from creating sexualized images amid global backlash and regulatory concerns, aligning with UK guidelines.
X has announced new restrictions on its Grok AI chatbot, preventing it from generating sexualized images of women amid mounting criticism and regulatory scrutiny worldwide.
The move comes after concerns over non-consensual image manipulation sparked widespread backlash from users, advocacy groups, and authorities.
UK Prime Minister Keir Starmer confirmed that the platform’s latest changes align with British law, as Ofcom launches a formal investigation to determine whether X has violated the Online Safety Act.
Regulators are closely monitoring the situation, highlighting growing global concerns about the ethical use of AI in image generation. Critics have argued that X’s initial measures were insufficient and did not adequately address the risks associated with sexualized AI content.
The controversy has also prompted action in Southeast Asia. Malaysia and Indonesia have blocked access to Grok entirely, citing the platform’s potential to generate inappropriate content.
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#GrokAI #XPlatform #AIRegulation #OnlineSafety #KeirStarmer #AIControversy #TechNews #DigitalEthics
Tech
AI drives memory prices higher as SK hynix and TSMC expand
Explore the rising global memory market driven by AI demand and hear insights from Brad Gastwirth on industry trends.
Explore the rising global memory market driven by AI demand and hear insights from Brad Gastwirth on industry trends.
The global memory market is on the rise, with prices climbing steadily thanks to booming AI infrastructure demand.
Companies like SK hynix and TSMC are investing heavily in advanced packaging and new facilities to meet this unprecedented growth.
We speak with Brad Gastwirth from Circular Technologies about the forces behind this upward momentum. From the difference between AI-driven and consumer-driven demand to the increasing memory requirements per AI system, Brad breaks down the trends shaping the industry.
We also explore the implications of lean DRAM and NAND inventories, disciplined supply growth, and the challenges of expanding packaging capacity versus wafer fabrication. Tune in to understand why incremental demand surprises can have a huge impact on memory pricing.
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#AIMemory #SKHynix #TSMC #TechInvesting #MemoryMarket #AIInfrastructure #Semiconductors #TickerNews
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