Hygon Information Technology delivered another solid revenue quarter but noted that profit growth slowed due to higher R&D spending and increased material costs. At the November 17 earnings call, GM and director Sha Chaoqun said order momentum remains strong and that recent memory-price increases mainly reflect an "explosive" rise in AI-server demand rather than structural supply shortages.
When Dr. Wei-Jen Lo, the former senior vice president for corporate strategy development at TSMC, retired in July at the age of 75, many in the chip industry assumed his career had drawn to a close. Lo, an architect of several major process breakthroughs at TSMC and a key figure in the company's rise to technological dominance, was widely expected to honor strict noncompete commitments after stepping down.
