BLOOMBERG Taiwan Semiconductor Manufacturing Co (TSMC) missed sales estimates for the second consecutive quarter in a sign of continued weakness in global electronics demand. First-quarter revenue at the world’s biggest contract manufacturer of chips was NT$508.6 billion ($16.7 billion), according to Bloomberg calculations, falling shy of average analyst forecasts of NT$525.5 billion. A sharp slowdown in March contributed to that ...

BLOOMBERG SenseTime Group Inc showed off a suite of new artificial-intelligence (AI) services developed with the company’s access to vast troves of data and deep computing power, including the latest Chinese challenger to AI phenom ChatGPT. Chief Executive Officer Xu Li took the stage to demonstrate the large AI model SenseNova and a user-facing chatbot called SenseChat. Xu, with help ...

BLOOMBERG Emmanuel Macron urged Europe to develop more strategic autonomy as a way to avoid the risk of turning the European Union (EU) countries into “vassals” in the event of a global crisis such as a US-China confrontation. “Strategic autonomy must be the battle of Europe,” the French president told the business daily Les Echos during his visit to China. ...