PSMC steps in with Navitas to chase AI power chip gold rush The world's top chipmaker TSMC has decided to ditch its gallium nitride (GaN) wafer foundry business, confirming it will be out by 31 July ...

Tech giant sheds four per cent of workforce to keep AI wheels turning Software King of the World, Microsoft is slashing around 9,000 jobs globally as it shuffles cash towards its ever-growing AI ...