A recent report by investment banking advisory firm Evercore ISI has projected that Nvidia's (NASDAQ: NVDA) stock could potentially surge by 81% over the next year. This bullish outlook is underpinned by the belief that Nvidia's dominance in the AI ecosystem could enable it to capture a staggering 80% of the value created during the parallel processing era, a market that is...

The pace of growth in data centres has drawn much attention from all areas of the world. Estimates are that the total capacity of hyperscale data centers will grow almost threefold in the next six years, with analysis from Synergy Research Group stating that while the trend has always been for the IT load of hyperscalers to grow at size and scale over time, the impact of ge...

The U.S. Department of Commerce and TSMC Arizona have entered into an agreement whereby up to US$6.6 billion in proposed CHIPS Act direct funding will be utilised by TSMC to build a third microchips fab in Phoenix, Arizona. This investment brings TSMC's total capital expenditure for the Arizona site to over US$65 billion, making it the largest foreign direct investment in t...