RECOUPED ORDERS:
The company said that to meet demand it must keep close to TSMC, as 3-nanometer chips are in hot demand, ‘even hotter than memory chips’
By Lisa Wang / Staff reporter
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in artificial intelligence (AI) accelerators, yesterday said it has recouped orders from a major customer and expects revenue to regain momentum this year after failing to secure orders from the customer last year.“Now we have won back this important customer... The customer will only become more sticky based on the company’s track record,” Alchip chairman and chief executive officer Johnny Shen (沈翔霖) told reporters during the company’s annual general meeting in Taipei.Alchip’s revenue sank 39 percent annually to US$992 million last year, with its biggest customer accounting for 18 percent of its total revenue, down from 60 percent in the prior year.
Alchip Technologies Ltd chief financial officer Daniel Wang, left, and chief executive officer Johnny Shen attend the company’s annual general meeting in Taipei yesterday.
