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Nexperia sues Wingtech and its founder, demanding compensation for damages"The proceedings seek to hold the defendants accountable for actions that Nexperia believes have caused significant harm to the company and...- US stock futures mixed as Apple falls on margin warning, midterm results awaitedU.S. stock index futures reflect a mixed response as crude oil prices trend upwards ahead of midterm election outcomes. Apple's shares took...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- Japan's Nikkei slips as Kioxia tumbles 13%; Tokyo Electron, Panasonic limit lossesJapan’s Nikkei slipped as Kioxia plunged 13.29% following a disappointing earnings outlook, while banking stocks also weakened. Gains in To...
- China's robot makers have mastered the moves. Now comes the race for brainsThe shift is fuelling an investment boom in embodied AI, a field focused on software that allows robots to understand their surroundings, l...
- South Korea's Lee vows to make bold AI investment in record budget pushHis administration proposed in September increasing government spending by a record 12.8% next year to 820.9 trillion won ($615.62 billion)...
- Why Intel stock price down today? How the AI memory crunch and weak PC demand hit its forecast, and could the selloff deepen?Intel (INTC) Stock Crash: Intel shares fell about 29 per cent on Friday after a weak December quarter forecast. Falling PC demand and costl...
- Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
- Global FMCG giants find an Indian answer to their Western slowdownGlobal consumer giants including PepsiCo, Nestle, Unilever, Pernod Ricard and Coca-Cola are increasingly looking to India for growth as dem...
- Handset, TV makers set to slash production on festive sales shockSmartphone and television makers are cutting production by up to 20% after a weak festive season left retailers with excess inventory and u...
- Marvell in advanced talks to buy Lumentum: Bloomberg NewsMarvell has emerged as one of the biggest beneficiaries of the AI boom, driven by strong demand for its custom AI chips and networking hard...
- Shares in Google owner Alphabet sink on profit miss, ad slowdownAlphabet has witnessed a notable decline in its net profit and advertising revenue for the third quarter, specifically from July to Septemb...
- Global Market: Japan's Nikkei rises on Advantest forecast; Samsung slump caps gainsJapan’s Nikkei rose 0.3%, supported by Advantest’s 5.4% rally after it raised its full-year operating profit forecast by 14%. However, decl...
- Samsung logs record $80.5 bln profits despite investor AI jittersMassive demand for AI chips delivered record quarterly profits to South Korea's Samsung Electronics on Thursday, but shares fell as investo...
- India's deeptech dream remains import dependent for critical componentsThe founder of a spacetech startup developing rockets said geopolitical tensions, including the Russia-Ukraine war, disrupted the supply of...
- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- Global Market: China, Hong Kong stocks rebound as SK Hynix earnings lift AI optimismChinese and Hong Kong stocks rebounded after two sessions of losses, led by technology shares amid renewed optimism over artificial intelli...
- Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rallySouth Korean shares surged nearly 6% on Wednesday, driven by SK Hynix and Samsung Electronics following strong earnings and optimism over A...
- OpenAI plans to buy Google's AI chipsOpenAI plans to buy Google's AI chips, The Information reported on Tuesday, citing a person familiar with the matter, as technology compani...
- Cadence unveils Nvidia-backed AI models that chipmakers can run in-houseBoth companies make software used to design computing chips - a process that involves arranging billions of transistors precisely to meet c...
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