AGP Executive Report
Last update: 10 hours agoSemiconductors: TSMC posted a sixth straight quarterly profit record, up 68.7% to nearly $24 billion, as AI-chip demand outstripped supply. It is exploring Texas expansion, while GlobalFoundries plans two New York fabs backed by up to $21 billion in Japanese investment. Industrial AI: TCS says its new platform could lift manufacturing productivity 20–25%; a Minitab survey highlights the challenge, finding just 6% of manufacturers have fully integrated data sources. Investment and capacity: Hyundai plans a ₹4,000 crore expansion in Maharashtra, and Delhi approved a 10-year industrial policy focused partly on advanced manufacturing. Malaysia says nearly 88% of manufacturing projects approved since 2021 are under way. Advanced materials: India’s Scimplify raised $25 million to expand production and processing of critical metals, semiconductor and battery chemicals. Greater Manchester completed its first major development in the Atom Valley innovation district, a centre for sustainable materials and advanced manufacturing.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
