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Micron, union withdraw from mediation after deal signed

2026-10-21

Micron Memory Taiwan and a union representing workers ​at its Taichung operations today said they ‌had signed a labor-management agreement covering multiple issues, prompting both sides to withdraw from mediation scheduled for tomorrow. The joint statement ​did not disclose the terms of the agreement, ​saying the company and the union would separately ⁠communicate details to affected employees in the coming days. Idaho-based ​Micron, the world's third-largest memory chipmaker, employs about 15,000 people ​in Taiwan, a key manufacturing base where it produces DRAM and high-bandwidth memory chips used in artificial intelligence (AI) servers. Any disruption to Micron's ​Taiwan operations could affect already strained global

By Wen-Yee Lee

China proposes AI export curbs to manage security

2026-10-17

China proposed adding advanced artificial intelligence (AI) technologies to its export-control list, potentially restricting overseas transfers of AI models and chip designs in an effort to keep closer control over homegrown advancements in a strategically important sector. The draft proposal covers 23 AI technologies, including large language models, agents, chip designs and computing clusters. Restricted technologies would include model weights and source code for products exceeding certain performance thresholds. Chinese AI startups have this summer made significant progress in closing the gap on US industry leaders. Models such as Moonshot (月之暗面) AI’s Kimi K3 and DeepSeek’s (深度求索) latest editions offer better pricing,

TSMC slows construction after accident kills four

2026-10-22

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is suspending some construction work after an accident at one of its building sites in southern Taiwan led to the deaths of four workers. The incident took place on Tuesday during steel structure construction at TSMC’s Fab 22 in Kaohsiung, the company said. Workers fell from a height while performing steel structure hoisting and installation, a report from the Central News Agency said. A cause might be aged bolts, it said, citing a preliminary assessment by the Southern Taiwan Science Park Bureau. The bureau said that work would only resume after Shang Hao Machinery Co (上昊機械),

CoreWeave stock wipeout exposes divide between AI fear and greed

2026-10-18

CoreWeave Inc has become caught in a tug of war between investors who see rising bond yields as a potential rally killer for the artificial intelligence (AI) trade and those who think demand for computing power will make those concerns seem passe before long. The cloud-computing services provider’s shares plunged 20 percent in the first three sessions of last week, including more than 15 percent on Wednesday, as its debt tumbled to levels that typically indicate distress. On Thursday morning, the cost of protecting CoreWeave bonds against default rose to the highest intraday level on record, while swaps priced in a