Marvell reported strong fiscal third-quarter results with a 6.87% revenue increase, driven by record data center revenue, primarily from custom AI silicon. The company forecasts continued growth in the fourth quarter, with revenue expected to increase by 19% quarterly and 26% year-over-year. Analysts predict that AI sales will exceed expectations, potentially reaching US$1.6 billion.

Samsung Electronics and SK Hynix, while competing in memory development for artificial intelligence (AI), have agreed to collaborate on accelerating technology standardization.

Japanese IC substrate maker Ibiden is ramping up production capacity in response to rising demand linked to generative AI, with plans centered on renovating its current facilities to increase output.

The US Department of Commerce's Bureau of Industry and Security (BIS) released a new regulation on December 2, adding 140 Chinese companies to the Entity List. This regulation targets 24 types of semiconductor manufacturing equipment, three categories of electronic design automation (EDA) tools, and high bandwidth memory (HBM).

China has expressed strong dissatisfaction in response to the new round of sanctions from the US. China's Ministry of Commerce issued a statement stating that the new measures further strengthen export controls on semiconductor manufacturing equipment and memory chips, adding 136 Chinese entities to the Entity List and expanding jurisdictional reach to obstruct trade between China and third countries, characterizing it as typical economic coercion and non-market practices.

Megvii Technology, one of China's original "AI Elite Four" which specializes in computer vision and deep learning, announced its application for an initial public offering (IPO) on the Shanghai Stock Exchange Science and Technology Innovation Board (STAR) has been withdrawn.

The potential of AI in advancing smart manufacturing has been widely recognized, but deaths and injuries involving robots at factories have called attention to functional safety, of which semiconductor chips play a crucial part, according to industry sources.

Major integrated device manufacturers (IDM) are pessimistic about automotive chip prospects in 2025, with Taiwan-based power semiconductor firms taking cautious stances on the European and US markets. However, Taiwanese firms are still hoping to cut into niche markets to weather challenging market conditions.

Chinese outsourced semiconductor assembly and test (OSAT) providers have intensified their capacity expansion for advanced packaging to support the country's semiconductor self-sufficiency amid growing artificial intelligence (AI) application demands.

TSMC gathered industry partners at its 2024 Supply Chain Management Forum on December 2, presenting awards to 27 outstanding suppliers, including seven Taiwanese companies, in recognition of their significant contributions throughout the year.

Almost a year after the initial announcement, JCET has completed its stock-holding transfer and appointed a new chairman, solidifying control under a Chinese state-owned conglomerate. This move positions the conglomerate as the dominant force behind China's largest OSAT OSAT provider.