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US stocks today: US stocks edge higher as Warsh keeps inflation focus in spotlightWall Street edged higher as Fed Chair Kevin Warsh kept inflation and the central bank's 2% target in focus, prompting traders to raise bets...
China's CXMT posts first-half profit after revenue surgeFirst-half revenue soared 873.64% from a year ago to 150.3 billion yuan ($22.36 billion). Net profit totalled 77.6 billion yuan, compared t...
Amaravati to get India’s first quantum-AI universityThe 8.5-acre campus will be funded through a grant from the Ministry of Electronics and Information Technology (MeitY). Classes are expecte...
GTA 6 preview drops on Netflix: Guns, car chases, Vice City and Jason-Lucia’s Bonnie and Clyde story revealedGTA 6 has debuted on Netflix with a 26-minute preview ahead of its November 19 release, offering fans a closer look at Jason and Lucia, Vic...
Anthropic planned, then abandoned $7 billion purchase of MatXThe merger talks, which a third person said have evolved into a discussion about a partnership, underscore the AI lab's ambition to secure ...
Nvidia ignites chip stock rally as forecast shows AI boom is intactNvidia has calmed investor anxieties regarding the AI surge, forecasting a remarkable seventy percent increase in revenue for the upcoming ...
Global Market: China stocks rise as Nvidia outlook boosts AI and hardware sharesChina’s mainland stocks rose on Thursday, led by AI, semiconductor and hardware companies after Nvidia delivered an upbeat revenue outlook,...
OpenAI says its new Jalapeno chip can make AI faster while using less powerOpenAI unveiled its new Jalapeno AI chip at a recent conference. This processor significantly boosts AI response speeds and reduces power c...
Mac mini M6 launched today, here's what makes it Apple's biggest upgrade yetApple has unveiled the latest Mac mini equipped with powerful M6 and M5 Pro chips. These advancements bring notable boosts in performance, ...
Apple launches faster Mac mini, Mac Studio to tap AI boomThe new mini, unveiled alongside a beefed-up Mac Studio, starts at $899 and comes with either Apple's new M6 chip or the M5 Pro. It is $100...
- Samsung, SK Hynix stand to benefit as Nvidia AI server costs surge
Server manufacturers notified major data center customers, including Microsoft, Google, and Oracle, that prices for Nvidia-based AI systems...
Global Market: SK Hynix workers reject pay deal amid bonus disputeSK Hynix workers narrowly rejected a wage agreement by just 25 votes, with 50.08% opposing the proposed 6.3% pay hike and revised bonus str...
AI chipmaker Enflame sets subscription date for near $900 million Shanghai IPOThe chipmaker, backed by technology company Tencent Holdings , will issue 43.04 million new shares, representing a 10% stake in its enlar...
India’s AI data-centre push could drive 5% of global chip demand by 2030Global semiconductor revenue is projected to reach $1.6 trillion by 2026. AI data centres will drive significant growth in chip demand worl...
India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: ReportIndia's semiconductor market is projected to reach USD 155 billion by CY31, implying a compound annual growth rate (CAGR) of 20 per cent an...
SK Hynix board approves $38 billion investments for South Korea's Yongin, Cheongju chip plantsThe company said Yongin's "Y2 fab" is the second of four fabrication plants planned for the cluster and will serve as a production base fo...
Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...