Alchip Technologies Ltd’s logo is pictured on the company’s Web site. Photo: screen grab from the Alchip Technologies Ltd’s Web siteThe stock price decline was, to some extent, buoyed by Amazon.com’s NT$535 million (US$16.5 million) equity investment in Alchip via a share subscription last month. Shen said the company would regain strong revenue growth in 2026, after customers start adopting its new 3-nanometer and 2-nanometer AI chips. Additionally, the technology barrier is getting higher, meaning fewer competitors are capable of developing chips using advanced 3-nanometer and 2-nanometer process technologies, Shen said. To support its growth, Alchip is expanding its workforce primarily outside of China, as customers are trying to avert risk from geopolitical tensions.

Source: Taipei Times May 31, 2024 17:14 UTC