ChainCatcher news, according to U.S. media reports, chip manufacturing giant TSMC may take over the chip manufacturing business of American company Intel. The report states that, according to informed sources, in response to the deteriorating business situation, Intel's board began discussions with TSMC at the end of last year to explore the possibility of cooperation between the two parties.Negotiations are in the early stages, and the form of cooperation has not yet been determined. TSMC may hold a majority stake in Intel's chip manufacturing business in partnership with other investors.It is currently unclear how much manufacturing business TSMC will take over from Intel and how much capital will be invested. Informed sources indicate that the transaction may be limited to Intel's production facilities in Oregon, Arizona, and New Mexico in the U.S., as well as in countries like Ireland and Israel.

ChainCatcher news, according to The Information, the U.S. Department of Commerce initiated an investigation into TSMC earlier this month to confirm whether it provided chips to Huawei. Subsequently, TSMC stopped supplying chips to the AI company Sophgo, which is affiliated with Bitmain.According to two informed sources, TSMC has cut off chip supplies to the relevant companies. Since 2020, Huawei has been banned from purchasing chips made with U.S. technology, including those produced by TSMC. TSMC stated that it uses U.S. technology in its chip manufacturing process and will comply with U.S. laws.Earlier reports indicated that semiconductor research firm TechInsights claimed that after dismantling Huawei's current high-end AI accelerator chip Ascend 910B, it found that this chip might have been manufactured by TSMC, which also suggests that TSMC may have violated U.S. export controls.

ChainCatcher news, semiconductor leader TSMC held a corporate briefing on the 17th of last year, announcing its Q3 financial report and Q4 financial forecast. The impressive results not only caused TSMC's ADR (American Depositary Receipt) to surge by 12% at one point, but also led to a significant increase in TSMC's stock price, reaching 1100 NTD during trading this morning, a rare historical high, closing at 1085 NTD, with an increase of 4.83%. TSMC's recently released Q3 financial report shows that the company's revenue and profits significantly exceeded market expectations.According to the latest data, the consolidated revenue for the quarter reached 759.69 billion NTD, indicating that the company's operational status remains robust. The strong global demand for artificial intelligence hardware is also one of the key factors driving TSMC's performance growth. Analysts point out that the ongoing AI boom will continue to enhance TSMC's revenue expectations and effectively alleviate market concerns about insufficient chip demand.

ChainCatcher news, according to The Block, Bitcoin mining machine manufacturer Bitdeer is about to launch a brand new advanced chip after successfully completing the tape-out process. This SEAL02 chip, co-developed with semiconductor manufacturer TSMC, will have "excellent" energy efficiency at lower operating speeds, specifically 13.5 J/TH.

ChainCatcher news, U.S. stock market opens, Dow Jones rises 230 points, S&P 500 index rises 1%, Nasdaq rises 1.5%. Star tech stocks perform well, Micron Technology (MU.O) rises 5%, as the company may buy back shares, TSMC (TSM.N) rises 4%, ASML (ASML.O) rises 4%, NVIDIA (NVDA.O) rises 3%. Disney (DIS.N) falls 2.6%, as the company warns that its theme park business is under pressure. Airbnb (ABNB.O) falls 14%, as third-quarter revenue outlook is below expectations. Novo Nordisk (NVO.N) falls 6%, as the company unexpectedly lowers its full-year profit forecast. (Jin Shi)