The rise in the chipmaker’s share price makes it the world's most valuable company, underscoring the strong demand for artificial intelligence chips.

TSMC , the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence applications.

TAIPEI (Reuters) -TSMC, the world's largest contract chipmaker, reported on Thursday second-quarter revenue of T$933.80 billion ($31.9 billion), beating market forecasts, as demand for the company's products leaps on surging interest in artificial intelligence (AI) applications.

Nvidia has rebounded about 74% from its lows in April, when global markets were jolted from U.S. President Donald Trump's tariff volley.

U.S. chipmaker GlobalFoundries Inc. is moving into the RISC-V processor business after announcing plans to buy the chip developer MIPS Technology LLC for an undisclosed price.

European Union-backed chipmaker SiPearl has raised €130 million ($152 million) from investors including Taiwan’s Cathay Venture, as Europe pushes for technological sovereignty.

Samsung Electronics has introduced its latest flagship foldable smartphones, adding fresh momentum to what is shaping up to be a pivotal year for the foldable device market. While Samsung remains one of the pioneers in this category,

Paris-based Sequans Communications said it raised $384 million, which it will use to begin a bitcoin treasury.