Taiwanese prosecutors search Intel executive Wen-jen Lo's homes days after TSMC alleged he leaked sensitive info, suggesting Taiwan is deepening its probe (Bloomberg)

TSMC has initiated legal proceedings against its former Vice President, Lo, alleging that he took trade secrets to Intel, violating his contract and the Trade Secrets Act. The lawsuit was filed in the Intellectual Property and Commercial Court, highlighting the seriousness of the claims regarding intellectual property theft.

Nvidia Corp. has seen a dramatic surge in its stock value, with shares of its AI circuit board rising 530%, resulting in a $9 billion profit for investors. This increase follows a private banquet hosted by CEO Jensen Huang in Taiwan, attended by key figures from the electronics industry, including leaders from Taiwan Semiconductor Manufacturing Co. and Hon Hai Precision Industry Co.

Nvidia shares fell following reports that Meta is negotiating to invest billions in Google’s AI chips, intensifying the competition between Nvidia and Google in the chip market. This development comes amid broader concerns regarding the stability of the AI sector and its impact on stock markets.

A new quantum neural network (QNN) has been developed for credit risk assessment, utilizing a single qudit to co-encode data features and parameters within a unified unitary evolution. This innovative approach allows for comprehensive exploration of the Hilbert space while maintaining interpretability through learned coefficients. The model was benchmarked on a real-world credit-risk dataset from Taiwan, demonstrating superior performance compared to traditional logistic regression and achieving results comparable to random forest models.

A prominent Taiwanese tycoon has committed $1.5 billion to an artificial intelligence investment through a private credit fund, joining a wave of elite investors backing AI despite concerns about a potential market bubble. This move underscores the growing confidence in AI's transformative potential across various sectors.