TSMC’s board of directors decided to donate up to NT$4 billion (US$123.6 million) to top universities and high schools for semiconductor research and talent education at a meeting on June 5.

At WWDC 2024, Apple officially announced “Apple Intelligence.” In addition to offering a variety of cross-platform generative AI functions, one of the technical announcements that is the most distinct from its competitors is the so-called “Private Cloud Compute.”

The soaring valuations of Software-as-a-Service (SaaS) companies that characterized the last decade have come crashing down, according to Jerry Yang, general partner at Paris-based VC firm HCVC. Speaking at InnoVEX 2024, Yang outlined the end of the SaaS valuation bubble and its implications for hardtech investments and Taiwan’s tech industry.

Taiwan’s major passive components supply chain players, including Yageo and Ample Electronic Technology reported impressive business performance for May and the first five months of the year, driven by their strategic foray into AI applications.