Over the past week, rumors have been circulating on the internet that may have caused some artificial-intelligence (AI) winners like Nvidia (NASDAQ: NVDA) to sell off. Last week, the Taiwan Business Times cited "rumors in the market" that Microsoft (NASDAQ: MSFT) CoPilot subscriptions were not as strong as originally forecast, and that ChatGPT usage was down over the summer.
TAIPEI (Reuters) -Mexico's northern state of Sonora wants to export clean energy to California and Arizona from a massive new solar farm project and play a role in the chip supply chain given TSMC's $40 billion investment in Arizona, Sonora's governor said. The first phase of the Puerto Penasco solar plant in the sprawling border state, which boasts some of the highest temperatures in the country, was inaugurated in February as part of Mexican President Andres Manuel Lopez Obrador's flagship solar push, which officials have said could boast four additional plants.
The Taiwan Semiconductor Manufacturing Company (TSMC) has reportedly increased its orders for machines needed for Chip on Wafer on Substrate (CoWoS) packaging by 30% to keep up with the rising demand for artificial intelligence (AI) chips, according to a report from Taiwan Economic Daily on Tuesday. The company's clients, including Amazon (NASDAQ:AMZN), AMD, Broadcom (NASDAQ:AVGO), and Nvidia (NASDAQ:NVDA), are placing rush orders for AI chips to meet the growing usage of Generative AI models su