November 16, 2024

[ad_1]

The company logo for Taiwan Semiconductor Manufacturing Company is displayed on a screen on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., September 26, 2023. 

Brendan Mcdermid | Reuters

Taiwan Semiconductor Manufacturing Company Chairman Mark Liu plans to retire in 2024, the company said in a statement Tuesday.

“Chairman Dr. Mark Liu has decided not to seek the nomination of TSMC board membership for the next term and will retire from the company after the 2024 annual shareholders meeting,” said TSMC.

The board plans to have vice chairman and CEO C.C. Wei succeed Liu’s role, subject to shareholders’ approval.

Liu joined TSMC in 1993 and assumed the role of chairman after founder Morris Chang’s retirement in June 2018.

TSMC is the top producer of the world’s most advanced processors. The Taiwanese firm manufactures semiconductors for companies like Apple and Nvidia, often based on architecture from chip design firm Arm

TSMC currently manufactures 3-nanometer chips and plans to start 2-nanometer mass production in 2025. “Nanometer” in semiconductors refers to the size of individual transistors on a chip. The smaller the size of the transistor, the more of them can be packed onto a single semiconductor. As such, smaller nanometer sizes typically yield more powerful and efficient chips.

In October, TSMC reported a third-quarter profit of 211 billion Taiwan dollars ($6.69 billion), beating analyst expectations.

TSMC in September approved an investment in Arm of up to $100 million as the British firm went public.

Why Apple doubled down on the expensive custom chip business, edging out Intel and starting a trend

[ad_2]

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *

Batman138 Bro138 Dolar138 Gas138 Gudang138 Hoki99 Ligaciputra Panen77 Zeus138 Kilat77 Planet88 Gaspol168 Sikat88 Rupiah138 Garuda138 Gacor77 Roma77 Sensa138 Panen138 Slot138 Gaco88 Elanggame Candy99 Cair77 Max7 Best188 Space77 Sky77 Luxury777 Maxwin138 Bosswin168 Cocol88 Slot5000 Babe138 Luxury138 Jet77 Bonanza138 Bos88 Aquaslot Taktik88 Lord88 Indobet Slot69 Paus138 Tiktok88 Panengg Bingo4d Stars77 77dragon Warung168 Receh88 Online138 Tambang88 Asia77 Klik4d Bdslot88 Gajah138 Bigwin138 Markas138 Yuk69 Emas168 Key4d Harta138  Gopek178 Imbaslot Imbajp Deluna4d Luxury333 Pentaslot Luxury111 Cair77 Gboslot Pandora188 Olxtoto Slotvip Eslot Kuy138 Imbagacor Bimabet