TSMC CEO C.C. Wei pledges over 30% profit-sharing bonus increase for employees

Agreement averts strike and shows latest impact of AI boom as two more chipmakers join $1tn club Business live – latest updates Employees at Samsung Electronics’s memory chip division are to receive bonuses averaging about £310,000 each through a landmark profit-sharing agreement, as the AI boom drives up chipmakers’ profits. Fears of a strike at Samsung were averted on Wednesday after two unions for the world’s largest memory chipmaker said that 74% of the 62,616 workers who cast their votes had backed the deal. Continue reading...

The agreement all but guarantees hefty bonuses for employees in the top-performing chip unit. Other workers say they feel left out.

Nvidia's Taiwan HQ project underscores strategic alignment with TSMC, boosting local tech jobs but facing geopolitical risks. The post Nvidia CEO announces Taiwan headquarters project to start construction in 2026 appeared first on Crypto Briefing.

TSMC's price hikes could reshape the chip industry, potentially boosting competitors like Intel and Samsung if they offer lower prices. The post Taiwan Semiconductor plans 15% price hike for 3nm chips in H2 2026 appeared first on Crypto Briefing.

TSMC's Arizona expansion bolsters US chip manufacturing, enhancing supply chain resilience but posing cost challenges for AMD and the sector. The post TSMC Arizona production progresses well, says AMD CEO appeared first on Crypto Briefing.

The case underscores the critical importance of IP protection in the semiconductor industry, impacting trust and competitive dynamics globally. The post Tokyo Electron’s Taiwan unit accepts $5M fine in TSMC trade secrets case appeared first on Crypto Briefing.

The merger's impact on consumer electricity costs and regulatory conditions could reshape utility market dynamics and influence AI infrastructure growth. The post NextEra, Dominion Energy merger hinges on power bills amid AI demand appeared first on Crypto Briefing.

The merger's impact on consumer electricity costs and regulatory conditions could reshape utility market dynamics and influence AI infrastructure growth. The post NextEra’s $67 billion Dominion Energy merger hinges on power bills amid AI demand surge appeared first on Crypto Briefing.