Malaysia’s semiconductor sector is expected to experience significant growth starting in the second half of 2024, as the global economy enters a recovery phase after a downcycle in 2023. The World Semiconductor Trade Statistics (WSTS) predicts a rebound of 13.1% in the world semiconductor market this year, reaching a value of $588 billion.… Read the rest
Amkor Technology Delivers Strong Financial Performance despite Industry Challenges
Amkor Technology (NASDAQ:AMKR) has released its full-year 2023 financial results, demonstrating resilience in the face of challenging industry conditions. While the company experienced a decline in revenue and net income compared to the previous year, its performance exceeded analyst expectations.
Despite a decrease in revenue by 8.3% to US$6.50 billion, Amkor Technology managed to beat analyst estimates by 1.0%.… Read the rest
India Set to Become a Major Player in Semiconductor Industry with Massive Investments
India is set to revolutionize the semiconductor industry with the establishment of two state-of-the-art fabrication plants, along with several chip assembly and packaging units. Minister of Electronics and IT, Rajeev Chandrasekhar, confirmed this groundbreaking development, revealing that Israel-based Tower Semiconductors has submitted an $8 billion proposal for one of the plants, while the Tata Group is spearheading the other project.… Read the rest
Uncovering the Subtle Impact of AI in Super Bowl Commercials
Super Bowl commercials have become a platform for companies to showcase their latest innovations and technologies, and this year, artificial intelligence (AI) took the spotlight. While some companies boldly proclaimed the power of AI in improving lives, others opted for a more subtle approach.… Read the rest
Artificial Intelligence: India’s Catalyst for Growth and Accessibility
Artificial intelligence (AI) is set to revolutionize India’s development by breaking down barriers to growth and information accessibility, according to Sanjay Gupta, the Country Head and VP of Google India. Gupta compares these barriers to toll gates on a highway, hindering progress and impeding the free flow of information.… Read the rest
The Future of Decentralized Applications: Emerging Trends in 2024
As the blockchain sector continues to evolve, decentralized applications (dapps) have emerged as a powerful force, transforming the way technology is utilized by end users. Since 2020, the landscape has witnessed the rise of various dapps that have gone beyond being mere “accounting ledgers” and have provided access to essential financial services without reliance on centralized institutions.… Read the rest
The Rise of Ethical AI Romance Apps in the Age of ChatGPT
In the realm of emerging technologies, the porn industry has often been an early adopter. And now, AI-generated romance apps are capitalizing on the popularity of ChatGPT. One such app is MyPeach.ai, created by Ashley Neale, a former sex worker who transitioned to the tech world.… Read the rest
Misidentification of Actions: A Cautionary Tale of AI and Traffic Enforcement
Artificial intelligence (AI) has become an integral part of our lives, assisting us in various tasks and revolutionizing industries. However, the recent experience of Dutch motorist Tim Hansenn highlights the potential pitfalls of relying solely on AI-powered technology for law enforcement.… Read the rest
The Battle Against AI Deep Fakes: Protecting Election Integrity
Artificial Intelligence (AI) deep fakes pose a significant threat to election integrity, and technology giants have come together to address this pressing issue. In recent developments, leading companies have pledged to crack down on the spread of AI-generated misinformation that can potentially disrupt the democratic process.… Read the rest
Jeremy Grantham Raises Concerns About Market Stability and Climate Change
Renowned investor Jeremy Grantham recently expressed his apprehensions regarding various sectors, highlighting the potential risks in stocks, real estate, and the overall economy. His insights shed light on the vulnerable nature of the current market landscape.
Grantham’s notable prediction centers around the impending burst of the AI bubble, which he believes will have a significant impact on the stock market.… Read the rest