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TSMC approves $29.44 billion capital budget for capacity expansion amid AI demandTaiwan Semiconductor Manufacturing Co. (TSMC) approved a capital budget of about USD 29.44 billion for expansion amid the ongoing artificia...- Karnataka-backed SFAL’s deeptech portfolio crosses Rs 1,000-crore valuationThe accelerator, which began by supporting fabless chip design startups, is now seeking to enable a wider semiconductor value chain coverin...
- MediaTek plans $5 billion financing for AI data-center chipsMediaTek approved five billion dollars for long-term growth and AI chip expansion. The company aims to reduce smartphone reliance and suppl...
- Meta’s compounding India woes; HCLTech’s mega AI dealUnion minister Ashwini Vaishnaw has asked to summon Meta over child sexual abuse material on Instagram. This and more in today’s ETtech Top...
- AI euphoria to end? Chris Wood warns mega IPOs, bond pressures may trigger tech correctionJefferies strategist Christopher Wood has warned that the AI-driven stock rally may face a near-term correction amid rising bond yields, cr...
- Europe's tech 'liberation day'? Computer says not yetThe EU plan aims to boost European tech firms and limit some access for dominant U.S. rivals. It marks a key but initial step, with the blo...
- TSMC approves $31.28 billion capital budget amid AI-driven chip demand boomTaiwan Semiconductor Manufacturing Company is investing over $31 billion to boost chip production. This expansion supports the growing dema...
- FII selling, weak rupee and oil prices drag Indian markets, but long-term story intact: Mark MobiusMark Mobius says India’s recent market correction is driven by FII outflows, weak rupee, higher oil prices and global uncertainty, not a br...
- GIFT Nifty down 5 points; here's the trading setup for today's sessionDomestic markets experienced a choppy session, ending marginally lower as stock-specific movements dominated amid the ongoing earnings seas...
- Taiwan computer chipmaker TSMC's to expand investment as profit jumps 35%Taiwan's TSMC, a top chipmaker, will boost spending by nearly 40 percent this year. This move follows a 35 percent profit jump fueled by ar...
- AI tech helps semicon startups step up as they face chip goliathsFor a sector which has a very long product incubation period and is cost-intensive, innovations around AI and its wide-scale adoption have ...
- American PSUs: New asset class? Intel is done, Lockheed Martin is in the air. Who might be next on Trump's American PSU dream list? And why?For over two centuries, the US has distinguished itself from state-led economies by keeping government ownership out of private enterprise....
- Taiwan unexpectedly raises 2025 full-year GDP forecast on strong tech demandTaiwan raised its 2025 growth forecast to 3.6% after strong Q1 performance driven by booming tech exports, particularly AI-related demand. ...
- Zoho founder Sridhar Vembu predicts tough times for software jobs. AI is not the only villain for hiring slumpSridhar Vembu, Zoho's founder, believes the software job market's current issues stem from systemic inefficiencies rather than AI. Overcapi...
- Public sector banks eye fintech tie-ups; Blinkit, Zepto raise commissionsHappy Friday! Public sector banks are eyeing collaborations with fintech startups to boost lending to MSMEs. This and more in today’s ETtec...
- Heat wave, elections to create unlikely earnings winners and losersIndia's scorching summer impacts Avenue Supermarts Ltd. and Bajaj Auto Ltd. DMart sells more ice cream, while Bajaj Auto defers purchases a...
- Can Budget 2024 give a fillip to India's budding semiconductor industry?India's Interim Budget may include sops to boost the semiconductor industry, with an upgraded version of the SPECS plan that may have a cor...
- Worst over for IT; after the rally, may see more sideways moves: Ajay BaggaAjay Bagga believes that the worst is over for the IT sector, although the recovery will be slow. He emphasizes the importance of embracing...
- The chip sector has a new sport: Finding the BottomThe semiconductor sector, which was heading to a slump last year, is now caught with too much inventory. This has come at a time when globa...
- Semiconductors: Chips are back, but not equally or for everyoneThe Biden administration, early last month, announced it would halt access to machinery, software, and support that Chinese chipmakers use ...
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