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PM Modi launches South India's first chip plantThe outsourced semiconductor assembly and test (OSAT) facility at Tarluvada, being developed with South Korea's APACT as technology partner...
PM Narendra Modi lays foundation stone for ASIP's Rs 2,500 crore semiconductor plant in Andhra PradeshPrime Minister Narendra Modi virtually laid the foundation stone for ASIP Technologies' semiconductor facility. This marks Andhra Pradesh's...
Why high-conviction investor Cathie Wood bought Nvidia after it erased billions from May highCathie Wood's Ark Invest bought nearly 79,000 Nvidia shares worth about $15.5 million after the AI chipmaker's recent selloff, reaffirming ...
South Korea’s Kospi rockets 17% after massive 3-day selloff. What’s behind the surge?The KOSPI was up 17% at 6,549 points after tumbling nearly 17% over the previous three sessions, marking one of its steepest weekly decline...
European Union aims for seven AI gigafactories with €10 billion plan in race with US, ChinaThe European Union will fund seven artificial intelligence gigafactories across the bloc. This initiative aims to close the technology gap ...
US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concernsArm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand...
Global chip rout: How should investors play India's AI trade that gave up to 400% returns this year?Global AI stocks face a sharp selloff, impacting Indian investor strategies. Indian markets focus on infrastructure like data centers and p...
Sony proposes acquiring camera lens maker TamronJapanese camera lens maker Tamron received an acquisition proposal from Sony Group. Sony made a non-binding offer to turn Tamron into a who...
India's mobile phone exports jump 165-fold in a decade to Rs 2.59 lakh crore: GovtIndia's mobile phone exports have surged significantly over the past decade. Mobile phone production has also expanded dramatically, reflec...
Global Market: China stocks slip as AI-linked selloff deepens; Hong Kong gains on internet sharesChinese stocks fell Wednesday as artificial intelligence shares faced selling pressure. Hong Kong shares outperformed, driven by strong gai...
Apple crosses $5 trillion market cap on Tuesday trading, becomes second company to achieve milestoneApple briefly crossed the $ 5 trillion market capitalization mark on Tuesday. The company reclaimed its position as the world's most valuab...
Global Market | AI boom could complicate central banks’ inflation assessment, monetary policy decisions: BISArtificial intelligence complicates economic assessments for central banks globally. The technology simultaneously boosts demand and expand...
$600 billion wiped out in a month, cracks exposed in SK Hynix chipsSK Hynix shares have seen a significant decline recently. Concerns about market overcrowding and leverage have impacted the stock. Recent r...
From AI boom to valuation worries: Why investors are rethinking big tech betsNvidia-led semiconductor stocks came under pressure as investors reassessed lofty AI valuations, concerns over infrastructure spending and ...
Global Market: Japan’s Nikkei plunges over 4% as chip stocks track global tech selloffJapan's Nikkei index tumbled over 4% on Tuesday to a two-month low, led by a deep selloff in semiconductor and AI-related stocks following ...
Global Market: Samsung, SK Hynix plunge up to 11% as investors reassess AI chip boomSouth Korean chip stocks experienced sharp declines on Tuesday. Major companies like Samsung Electronics and SK Hynix saw significant drops...
CXMT's 466% listing pop makes it China's most valuable firmCXMT Corp shares surged 466 percent on their Shanghai trading debut. This IPO became Asia's largest this year, boosting the chipmaker's val...
Explainer: Why investors are betting big on China’s chipmaker CXMTChina's ChangXin Memory Technologies (CXMT) became the country's most valuable listed company after its shares surged 470% on their Shangha...
AI chip startup Etched raises $300 million at $10.3 billion valuationEtched secured three hundred million dollars in a Series C funding round. This investment values the artificial intelligence chip company a...
AMD to invest up to $5 billion in Anthropic; AI startup to buy up to 2 GW of chipsAMD plans to invest up to $5 billion in Anthropic, alongside a major AI chip supply deal starting 2027. The move strengthens AMD’s position...