Faraday lifts revenue on ASIC and MCU demand as AI delays push projects back

Faraday Technology reported stronger-than-expected second quarter 2026 results, with consolidated revenue rising to NT$3.31 billion and net profit reaching NT$200 million. The ASIC design services and silicon IP provider said the improvement came from higher volume production in ASIC and microcontroller (MCU) businesses, along with continued growth in intellectual property licensing.

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Nvidia’s Jensen Huang warns US officials about banning Chinese open-weight models

Nvidia CEO Jensen Huang once again voiced his support for open-weight and open-source AI, a form of model that has caught official attention in Washington after the release of the powerful Kimi K3 model from Chinese startup Moonshot AI. His comments added another voice to the ongoing debate over closed-source versus open-source approaches as the US considers restrictions on Chinese AI.

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