Sheila Chiang
Sheila Chiang is a tech reporter for CNBC, based in Singapore. She writes about Asia's technology industry and covers artificial intelligence, semiconductors, crypto, e-commerce, fintech and more.
Biography:
https://www.cnbc.com/sheila-chiang/
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The Daily's Verdict
This author is known for its high journalistic standards. The author strives to maintain neutrality and transparency in its reporting, and avoids conflicts of interest. The author has a reputation for accuracy and rarely gets contradicted on major discrepancies in its reporting.
Bias
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Examples:
- Sheila Chiang is a tech reporter for CNBC, based in Singapore. She writes about Asia's technology industry and covers artificial intelligence, semiconductors, crypto, e-commerce, fintech and more.
Conflicts of Interest
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Examples:
No current examples available.
Contradictions
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Examples:
- Microsoft currently houses its Southeast Asia data center in Singapore.
- Microsoft will invest in its first data center in Thailand.
- TSMC downgraded its growth forecast for the global foundry sector to a mid-to-high teens percentage gain (Yahoo) vs. TSMC expects strong demand for industry-leading 3-nanometer and 5-nanometer technologies in Q2 of 2024 (Article)
- TSMC faces resources challenges: land, water, power, talent (Fool)
- TSMC forecast second-quarter sales may rise as much as 30% (Yahoo) vs. TSMC expects strong demand for industry-leading 3-nanometer and 5-nanometer technologies in Q2 of 2024 (Article)
- TSMC left its capital spending plans for this year unchanged at between $28 billion and $32 billion (Yahoo) vs. TSMC expected 2024 revenue to rise in the low- to mid-20% range in U.S. dollar terms (Article)
Deceptions
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Examples:
No current examples available.
Recent Articles
TSMC's Q2 Earnings Surge: 40.1% Revenue Growth Driven by Demand for 3nm and 5nm Technologies and AI Chips
Broke On: Thursday, 18 July 2024TSMC reported strong Q2 results with a 40.1% revenue increase to NT$673.51 billion, driven by demand for 3nm and 5nm technologies, particularly in AI applications. Management expects continued growth in Q3 with revenue between $22.4-23.2 billion and gross profit margin of 53.5-55.5%. TSMC holds a 62% share of the global foundry market and plans to expand production capacity with N2 process starting mass production in H2 2025. Samsung Labor Union Represents Over 30,000 Workers in Demand for Better Pay and Transparency: Potential Disruption to Global Tech Production
Broke On: Wednesday, 10 July 2024Samsung Electronics faces an indefinite strike by over 30,000 workers represented by the National Samsung Electronics Union, demanding better pay and transparency. The labor dispute affects South Korea's largest memory chipmaker and comes amid a wave of similar actions across major South Korean companies. Samsung Reports Significant Operating Profit Increase of 10.4 Trillion Won for Q2 2024, Driven by AI Industry Demand for Memory Chips
Broke On: Friday, 05 July 2024Samsung reported a 6.8-fold increase in operating profit to 10.4 trillion won ($7.5 billion) for Q2 2024, driven by surging demand for memory chips used in AI applications and the company's focus on AI integration. China and EU to Negotiate on Electric Vehicle Tariffs Amidst Accusations of Unfair Subsidies
Broke On: Monday, 24 June 2024The EU and China are set to negotiate electric vehicle tariffs following the EU's investigation into Chinese EV subsidies, with potential tariffs ranging from 17.4% to 38.1%. China, a global leader in EV technology, strongly opposes the proposed tariffs and accuses the EU of protectionism and trade rule breaches. Both sides express their willingness to find a resolution that benefits all parties involved. EU Imposes Tariffs on Chinese EV Imports: Tesla, BYD, Geely, and SAIC Affected
Broke On: Thursday, 13 June 2024The EU imposes tariffs on Chinese EV imports, including those from Tesla's Shanghai plant, starting July 2024. The move deepens the US-China trade war and affects Chinese EV manufacturers like BYD, Geely, and SAIC. Intel's Xeon 6 Processors and Gaudi AI Accelerators: Transforming the Semiconductor Landscape with High Performance and Cost Savings
Broke On: Wednesday, 05 June 2024Intel Corporation showcases Xeon 6 processors and Gaudi AI accelerators, offering high performance and cost savings, aiming to transform the semiconductor landscape and regain market share in the competitive AI landscape. Intel's CEO Pat Gelsinger plans to advance manufacturing with CHIPS Act funding to compete with rivals like Nvidia and AMD. Despite geopolitical tensions, China remains an essential market for Intel. Microsoft Invests $2.2 Billion in Malaysia for AI and Cloud Infrastructure Development: Boosting Digital Capacity in Southeast Asia
Broke On: Thursday, 02 May 2024Microsoft CEO Satya Nadella announced a $2.2 billion investment in Malaysia for AI and cloud infrastructure development during his visit to Kuala Lumpur on May 2, 2024. The funds will be used to construct Microsoft's cloud computing and AI services infrastructure, provide education and training for 200,000 people, enhance cybersecurity capabilities with the government, and establish an AI Centre of Excellence. The investment is expected to significantly elevate Malaysia's digital capacity and contribute to its economic growth. Samsung Electronics Reports 900% Operating Profit Increase in Q1 2024: Strong Sales of Galaxy S24 and Memory Chip Price Rebound Fuel Growth
Broke On: Monday, 29 April 2024Samsung Electronics reported a 900% increase in operating profit for Q1 2024, driven by strong sales of its flagship Galaxy S24 smartphone and rebounding memory chip prices due to AI application demand. Revenue rose nearly 13% to $52 billion, boosted by the weak South Korean won. Samsung's semiconductor division returned to profitability. Despite potential biases, a comprehensive analysis of multiple sources reveals Samsung's financial success is attributed to these factors. TSMC Reports First-Quarter Profits Beat, Lowers Global Semiconductor Industry Growth Forecast
Broke On: Thursday, 18 April 2024TSMC, the world's largest chipmaker, reported first-quarter profits surpassing estimates due to high demand for advanced chips, particularly in AI applications. Shares dropped following lower industry growth outlook and unchanged capital spending plans. TSMC supplies Apple and Nvidia and downgraded global foundry sector growth forecast to mid-to-high teens.