TSMC will report full first-quarter earnings on April 16, including an updated outlook for the current quarter and the full year. The company, whose customers include Nvidia, has been a major beneficiary of advances in AI, which has more than offset a tapering-off in pandemic-led demand for chips used in consumer electronics like tablets.
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Key development in AI from Economic Times Tech. TSMC will report full first-quarter earnings on April 16, including an updated outlook for the current quarter and the full year
TSMC's Q1 revenue jumps 35% YoY, beats market forecasts . TSMC will report full first-quarter earnings on April 16, including an updated outlook for the current quarter and the full year
Snap's new Specs unit has struck a major deal with Qualcomm. Upcoming smart glasses will feature Qualcomm's Snapdragon XR processor platform. This partnership aims to boost Snap's presence in the competitive AI gadget market. The move comes as Snap faces pressure to cut costs and streamline operations. This collaboration signals a significant step for Snap's smart glasses ambitions.
Read on Economic Times Tech →Cloud infrastructure firm CoreWeave has secured a significant deal with AI startup Anthropic. This multi-year agreement will provide Anthropic with crucial cloud computing power later this year. The partnership aims to support Anthropic's advanced AI models. This latest deal follows other major agreements CoreWeave has made recently, highlighting strong demand for AI computing resources.
Read on Economic Times Tech →The effort follows a decision by chief executive Elon Musk to scrap a highly anticipated low-cost EV project in 2024 and pivot the company to focus on robotaxis and humanoid robots. A key question is whether this latest effort to develop a smaller SUV signals a strategy shift back to mass-market human-driven EVs or whether the new model would align more with Tesla's vision for fully autonomous vehicles.
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