Delta Electronics anticipates that overall group revenue will be good in the first half of 2025, outperforming the same period in 2024, driven by continuous AI-related demand. The outlook for the second half is less clear due to various uncertain factors in the market; however, AI-related revenue is expected to continue growing.

China-based startup Zhipu AI has raised more than CNY1 billion (US$140 million) in its latest round of financing, with the investment to be used to fund the development of its GLM-series large language models (LLM).

US President Donald Trump’s new 25% tariffs on imports from Mexico and Canada, along with a doubling of duties on Chinese goods to 20%, took effect on Tuesday, sparking fresh trade tensions with the country’s top three trading partners. In response to the US fentanyl overdose crisis, President Trump escalated the 10% tariff on Chinese imports imposed in February, doubling it to 20%. The tariff measures were implemented at 12:01 a.m. EST (0501 GMT), just hours after Trump announced that the three nations had not done enough to halt the influx of the deadly fentanyl opioid and its precursor chemicals into the US.

As expected, TSMC has succumbed to ongoing pressure from US President Donald Trump in the last six months.