With the help of the Estonian Chip Technology Competence Center, which will start working in April, local companies could learn to design and produce the chips they need in the same way that the world’s big names Nvidia, Apple and Qualcomm do, said TalTech professor Jaan Raik and Mart Toots, head of the Applied Research Department of the Enterprise and Innovation Foundation (EIS).
Jaan Raik spoke in more detail in Äripää radio’s Tuesday morning program that Estonia does not necessarily need to create a factory here to develop its chip industry. If we consider that Taiwanese company TSMC currently dominates outsourced chip manufacturing, it would be too much to hope that a separate factory would come to Estonia.
Toots said that the greatest benefit for entrepreneurs could come from the design of chips with the help of the competence center, and not so much from physical production.
Jaan Raik and Mart Toots were interviewed by Siim Sultson.
Estonian companies could create their own chips, similar to Nvidia and Apple
Related stories
Own chip center helps create business with strong added value
The chip technology competence center KIIP, which will be launched in Estonia this April, will support the development of the Estonian electronics sector, writes Aigar Vaigu, a physicist and chairman of the board of the limited company Metrosert.
TSMC, the world’s largest chipmaker, reported fourth-quarter sales that beat market estimates, cutting benefits from artificial demand.
The world’s major chipmakers, among them European chipmakers, showed good performance on Monday’s trading day.
Next year, investors expect the AI boom, driven by the huge success of the “Magnificent 7” this year, to spread even more rapidly next year and increasingly reach other sectors, such as utilities and software companies whose services are needed by the tech giants.
By buying gold and bitcoin, investors are betting more and more that the currencies will fall in value. This trend is here to stay, said JPMorgan Chase, the largest US investment bank.
Source: www.aripaev.ee