Alchip Technologies Ranked as Taiwan’s #1 AI Company
15 July 2024 - 12:00AM
UK Regulatory
Alchip Technologies Ranked as Taiwan’s #1 AI Company
CommonWealth Magazine recognizes company’s impact on
global AI growth
Taipei, Taiwan, July 14, 2024 (GLOBE NEWSWIRE) --
CommonWealth Magazine has named Alchip the overall #1
company in Taiwan’s AI supply chain. The publication’s
ranking is based in part on the fact that it attributes over 70% of
Alchip’s revenue to AI-related ASIC designs.
Alchip’s ranking came as part of CommonWealth’s Top 50 AI
companies in Taiwan based on the publication’s proprietary index of
historic and current financial results. Alchip was also
ranked number one in the ASIC design service company category.
“We’re very appreciative of CommonWealth’s”
acknowledgement of Alchip’s contributions to the growth of
artificial intelligence on a global scale,” said Johnny Shen,
President and CEO Alchip Technologies. “This honor is an
outgrowth of the company’s expanding global focus and
influence.”
CommonWealth conducted a special review of Taiwan's
artificial intelligence supply chain and named 50 Taiwan-based
companies to its "Top 50 AI Operational Performance" list.
Operational performance is the publication’s proprietary index
based on six financial indicators, including long-term growth over
the past three years, annual performance, and company
size.
The 50 companies listed in the survey come from a variety of
industry sectors, including module factories, ASIC design service
companies, server providers, and test and assembly companies. The
publication’s focus reflects a current AI industry sentiment. Amid
the sluggish demand for laptops, smartphones, and general servers,
the aggressive AI arms race by American cloud giants like Microsoft
and Meta has emerged as the most prominent and robust source of
tech demand. Taiwanese companies riding the AI wave have not only
seen their stock prices soar but also have significantly ensured
growth momentum for this year and the next.
“We take the implications of this honor quite seriously by
continuously adding value to our AI ASIC customers. This is
our commitment to continuing our AI ASIC leadership.” Mr. Shen
stated.
For more information, go to www.alchip.com
About Alchip
Alchip Technologies Ltd., founded in 2003 and headquartered in
Taipei, Taiwan, is a leading global provider of silicon design and
production services for system companies developing complex and
high-volume ASICs and SoCs. Alchip provides faster time-to-market
and cost-effective solutions for SoC design at mainstream and
advanced process technology. Alchip has built its reputation as a
high-performance ASIC leader through its advanced 2.5D/3DIC design,
CoWoS/chiplet design and manufacturing management. Customers
include global leaders in AI, HPC/supercomputer, mobile phones,
entertainment device, networking equipment and other electronic
product categories. Alchip is listed on the Taiwan Stock Exchange
(TWSE: 3661).
- 2024 Q1 Revenue Breakdown by Process Node