AGP Executive Report
Last update: 10 hours agoChip Strategy: TSMC pushed back on reports that it is considering 3D DRAM production at Nvidia’s request, saying it remains focused on its foundry business. The rumors reflect mounting pressure to find memory supplies for AI chips. Market Rebound: Taiwan’s Taiex climbed as much as 6% Monday after its steepest weekly drop in two decades. Regulators tightened short-selling rules and said they were ready to deploy a NT$500 billion stabilization fund as AI investment doubts rattled chip stocks. Nvidia Probe: The board launched an independent inquiry after CEO Jensen Huang acknowledged an affair with a business executive suspected by US officials of working for Chinese intelligence. Nvidia said it had no reason to believe national security or company secrets were compromised; Huang will remain CEO and cooperate with the review.
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