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Global Market: TSMC third-quarter revenue jumps 50% as AI chip demand surgesTSMC reports record third-quarter revenue, beating estimates as surging AI demand drives strong growth in advanced chips, while the chipmak...- AI drives global goods trade facing Trump tariffs, war headwindsGlobal goods trade is projected to grow significantly this year, driven primarily by demand for artificial intelligence products. Despite t...
- Dixon Technologies signs JV pact with Gemtek to manufacture optical transceiversDixon Technologies India Ltd has entered a joint venture with Gemtek Technology Co to produce telecom products. This joint venture, named D...
- Elon Musk rules out wider TSMC role in Texas Terafab, says his companies will build and run facilityResponding to a post on X about ongoing discussions between TSMC and Musk over the chipmaking project, Musk said there should be no doubt t...
- Global Market: Hong Kong stocks fall as oil rises, tech and biotech shares dragHong Kong stocks fell as rising oil prices, weak economic data and selling in major technology and biotechnology shares weighed on sentimen...
- India's data centre sector attracted USD 173 bn since 2021, capacity seen 2 GW by year-end: CBREIndia's data centre industry has garnered impressive investments amounting to USD 173 billion since 2021, showcasing a strong upward trajec...
- AMD plans to substantially increase supply in 2027, CEO saysAMD, Nvidia's closest rival in AI graphics processors, has been rapidly expanding its AI chip business, with its market value recently topp...
- Piyush Goyal takes India investment pitch to AIA, MetLife, IBM and General AtlanticCommerce Minister Piyush Goyal promoted India as an investment destination during meetings with leading global firms. He highlighted the co...
- HFCL stock triples in 6 months as AI, defence orders boost outlookThe stock of HFCL is soaring, attributed to remarkable achievements in optical fibre cables and defence electronics sectors. With a new rev...
- Goldman sees US data center growth intact despite oppositionGoldman Sachs reported that political opposition is not significantly impacting the growth of US data centers. The firm has adjusted its ca...
- Global Market: BOJ's Uchida warns AI boom could trigger market correctionShinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...
- US stocks enter seasonally strong Q4 with bond yields, AI spending in focusUS stocks enter Q4 with strong seasonal support, but rising Treasury yields, elevated valuations and heavy AI spending create risks. The S&...
- France's Schneider Electric nears $20 billion deal to buy US software group PTC: ReportSchneider Electric is reportedly nearing a deal to acquire US-based software company PTC for about $20 billion. The Financial Times highlig...
- Capital limited but confidence in rules of trade, fiscal path of large economies: DEA secretaryEconomic Affairs Secretary Anuradha Thakur said trade shaped by security and geopolitical considerations could deepen global imbalances, ra...
- Central Asia's biggest state holds month-long initiative to promote AI & digital techKazakhstan is hosting AI MONTH to emphasize the importance of artificial intelligence in digitalization. The AI & Digital Bridge 2026 forum...
- US Treasury yield hits the highest since 2002 at 5.34%The yield on the 10-year Treasury note has surged past its 2007 high, now sitting at 5.34%. At the same time, 30-year US bonds have hit a 2...
- Global factory activity boosted by AI spending boomAs AI investments surge, manufacturing activity in Europe and Asia grows noticeably. India boasts significant expansion in its manufacturin...
- BMW to cut 8,000 jobs in Germany as AI-led restructuring takes shapeBMW plans to eliminate around 8,000 jobs in Germany as part of its cost-cutting restructuring plan. The German luxury automaker aims to enh...
- US Market: Fed’s Barr backs further rate hikes as inflation risks remain elevatedFederal Reserve Governor Michael Barr said elevated energy prices and AI-driven investment are complicating progress toward the 2% inflatio...
- Global Market: DayOne pushes ahead with potential November IPO amid data center scrutinyData center operator DayOne is preparing for a potential US IPO in November, targeting a valuation near $20 billion. The company plans to f...
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