TSMC will reportedly stop making advanced AI chips

Taiwan Semiconductor Manufacturing Company (TSMC) has suspended the production of advanced AI chips for Chinese companies, according to the Financial Times. The Taiwanese semiconductor chip maker has reportedly informed its customers in China that it will stop producing AI chips for them, specifically models of 7 nanometers and smaller, starting this Monday. If a Chinese… Read More: TSMC will reportedly stop making advanced AI chips »

Nissan is laying off 9,000 workers and giving its CEO a pay cut

Japanese automaker Nissan is set to make massive cuts to its workforce. Reuters reports that the company is planning some major cuts to its operations, including 9,000 jobs and 20 percent of global manufacturing capacity. The cuts won’t just affect employees working on the assembly line. Nissan Chief Executive Officer Makoto Uchida is taking a… Read More: Nissan is laying off 9,000 workers and giving its CEO… »