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AI COMPONENT SHORTAGE
Apple tests China's CXMT memory chips for iPhones and MacBooks: WSJApple held early talks with CXMT, which is China's largest chipmaker by market value, about supplying components with the goal of using th...
Apple tests China's CXMT memory chips for iPhones and MacBooks: ReportApple is reportedly testing memory chips from China’s CXMT for iPhones and MacBooks as the AI boom drives a global component shortage, the ...
CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
Circuit breaker: PCB supply crunch could cut electronics output by 40% within 3 monthsIndustry body India Printed Circuit Association (IPCA) plans to write to the Centre, state governments, and banks within the next few days,...
Apple’s M5 MacBook Air faces supply crunch amid global memory chip shortageAnthropic will soon offer in-country inference for its Claude AI models in India. This allows customer data to be processed on servers loca...
AI boom, West Asia crisis trigger printed circuit board shortage, price rise in electronics industryThis crunch in printed circuit boards (PCB) -- a hardware platform on which components are fixed in electronic products -- stems from risin...
AI keeps consumer prices high in 'RAMaggedon' chip crunchMemory chip prices are rising significantly due to artificial intelligence demand. This shortage is impacting consumer electronics and pote...
Apple set to lose nearly $500 billion in value after weak forecastApple shares dropped significantly after a weak forecast indicated component shortages. The AI boom is straining global supply chains, impa...
Apple shares tumble 9% on supply worries, on track for worst single-day fall in over 6 yearsApple shares plunged over 9% after the iPhone maker issued a weaker-than-expected outlook, warning that AI-driven component shortages are s...
US stocks: Nasdaq leads Wall Street gains as Amazon rally offsets Apple declineThe Nasdaq opened higher on Friday, boosted by Amazon's strong cloud revenue growth. This performance eased concerns about artificial intel...
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...
Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
Global Market: Warning signals flash red as oil, AI concerns and debt risks rattle investorsSeveral key market warning indicators are approaching crisis levels now. Elevated oil prices and geopolitical uncertainty fuel inflation co...
Air India's stumble creates a bigger problem than aviation duopolyTata's Air India faces major losses and market share decline. The airline's turnaround is a decade-long endeavor due to legacy issues. Glob...
Qualcomm tells customers of double-digit price increases: BloombergThe company told customers it could no longer absorb rising supplier costs and had sought alternative components from new suppliers, Bloom...
China's CXMT targets global DRAM giants with record $8.5 billion IPOChinese DRAM maker ChangXin Memory Technologies is throwing its hat into the ring with a roughly $8.5 billion initial public offering as it...
US manufacturing output unchanged in June, but accelerates in second quarterUS factory output remained steady in June, but saw strong second-quarter growth. This expansion was fueled by artificial intelligence inves...
AI adoption rises, but 93% of finance professionals question AI-generated insights: ReportEven as finance teams increasingly adopt artificial intelligence (AI) to improve business decision-making, 93 per cent of finance professio...
Chipmaker CXMT eyes $9.8 bn in blockbuster China IPOChina's leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation's artific...
Ericsson to raise telecom equipment prices as AI boom drives up component costsAmid rising component costs fueled by the Al surge, Ericsson is adjusting its pricing strategy for new tenders and renegotiating its contra...