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TCS, Infosys, Wipro & other IT stocks fall more than 2%. Here's whyIndian IT stocks such as TCS, Infosys, Wipro, HCLTech, Tech Mahindra, Persistent Systems and Coforge declined up to 2.5% after IBM plunged ...
ZTE among Chinese firms licensed to purchase Nvidia's H200 chips, documents showUS regulators have approved some Chinese companies to buy advanced AI chips. ZTE Kangxun Telecom and Maginfra can purchase Nvidia's H200 ch...
Infosys, Wipro ADRs crash up to 7% as IBM warning sends ripples across IT sectorInfosys and Wipro ADRs fell after IBM forecast weaker-than-expected quarterly revenue, signalling enterprise spending is shifting from soft...
IBM warns AI boom is squeezing software budgets, triggers sector routSoftware investors have long been on edge over fears that AI tools capable of automating routine work could pose an existential threat to t...
Global Market: CXMT set for July 27 Shanghai debut in Asia's biggest IPO of 2026China's leading memory chipmaker, CXMT, is set to debut on the Shanghai Stock Exchange on July 27 after launching a 29.5 billion yuan IPO, ...
China memory chipmaker CXMT sets July 27 listing for Asia's biggest IPO of 2026ChangXin Memory Technologies plans a significant Shanghai Stock Exchange listing on July twenty-seventh. This initial public offering aims ...
Samsung, SK hynix, Micron ramp up capacity as demand for AI infrastructure outpaces supplyGlobal memory chipmakers are expanding production capacity to meet AI demand. Samsung, SK Hynix, and Micron are investing billions in new f...
US makes it easier to export Nvidia AI chips and military equipment to the UAEThe United States has eased export controls on the United Arab Emirates. This change allows easier access to Nvidia AI chips and military e...
Nvidia supplier King Yuan Electronics to invest up to $1.4 billion in US facilityKing Yuan Electronics said the investment is intended to support operational growth and strengthen its position in the global supply chain.
Japan's Nikkei falls in volatile trade as tech tracks Nasdaq selloffJapan's Nikkei share average declined in choppy trade on Wednesday. Technology stocks faced pressure after overnight losses on the Nasdaq i...
SanDisk shares crash 10% as AI chip selloff spreads to memory stocksSanDisk share crash why, chip stocks falling today, AI rally over or not, Micron Intel share fall reason, memory stocks crash news, Samsung...
Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AIGlobal semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earn...
SK Hynix's $28 billion US IPO to test its $1 trillion AI rally. Here's howSK Hynix has launched a US share sale targeting about $28 billion through a Nasdaq listing, capitalising on AI-driven investor demand. The ...
Micron, Ford sign semiconductor supply agreement for vehiclesMicron Technology has inked a significant long-term deal with Ford Motor, ensuring a steady supply of essential memory and storage chips fo...
Anthropic in talks with Samsung to develop custom AI chipAI giant Anthropic is reportedly exploring the creation of its own custom AI chips, holding talks with Samsung for a potential partnership....
AI chip demand stays strong, but component shortages emerge as next challenge: NomuraThe artificial intelligence (AI) boom is entering a new phase where the biggest challenge is no longer demand for AI chips but shortages of...
Samsung to invest $90 billion in South Korea's Chungcheong provinceSamsung Group is set to inject a massive 140 trillion won ($90 billion) into South Korea's central Chungcheong province. This significant i...