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CHIP MANUFACTURING MACHINES
Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...- Intel turns to next-generation ASML tool to help make its laptop chipsFollowing experiments that began in 2024, Intel has begun to use ASML's next-generation high numerical aperture (High NA) extreme ultravi...
- Chip toolmaker ASML expected to shine light on capacity and China challengesThe Netherlands-based business is Europe's most valuable listed company with a market capitalisation of €610 billion ($696 billion) after t...
- These large-caps have ‘strong buy’ & ‘buy’ recos and an upside potential of up to 25%It was, probably, not just the Indian markets which took the fresh US-Iran flare-up in its stride. The non-tech part of the US markets also...
- Polymatech plans listing, $500-600 million push for semiconductor expansionThe company is in talks with merchant bankers and intends to proceed with its public offering plans “as early as possible”, Nandam said, ad...
- Google to plant its AI flag in India: What it means for the countryIn a major shift for India's AI ecosystem, Google Cloud is bringing its latest Gemini AI models to infrastructure located within the countr...
- Google Cloud’s big India AI bet; Swiggy crosses key ownership thresholdGoogle Cloud is supercharging its India bet with a local AI play and a potential manufacturing push. This and more in today’s ETtech Mornin...
- In a big sovereignty push, Google Cloud to host its latest AI models in India: Global chief Thomas KurianGoogle Cloud, which has an annual revenue run rate nearing $80 billion, is establishing a specialised hub of “forward deployed engineers” i...
- 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 ...
- Who is Kurt Kromm? Ford worker earning over $200,000 fired over $1.95 cookie after payment kiosk failedA Ford employee, Kurt Kromm, was reinstated after being fired for allegedly stealing a cookie. Kromm, a diabetic, claimed he paid for the $...
- Defence startups raid auto and fracking sectors for parts to speed weapons outputSoaring demand for rocket motors used to power missiles and other weapons has spurred new thinking about supply chains. Seeking big returns...
- Nvidia's AI chip sales in China stall, as local chipmakers like Huawei take the leadJensen Huang, the CEO of computer chip giant Nvidia, was mobbed by onlookers as he hit the streets for the "zhajiangmian" noodles while vis...
- OpenAI spices things up with Jalapeno chips: Why the Sam Altman-led AI startup is building its own processorsOpenAI said it designed the chip from scratch in nine months. Broadcom handled silicon implementation, networking, and connectivity, while ...
- China begins to snap at America's heels in a tightening tech raceChina’s latest supercomputer ranking has renewed debate over global technology leadership, but current evidence shows the United States sti...
- SK Hynix surges 12% as US listing plan boosts valuation hopesSK Hynix shares surged as much as 12% after the memory chipmaker unveiled plans for a $29 billion US listing, boosting hopes of higher valu...
- After workers, beggars replaced by robots: Viral video from China makes netizens question if begging will face 'layoffs'A Unitree humanoid robot was filmed soliciting donations on a Chinese street, claiming it needed funds for recharging. This incident follow...
- US tells ASML it's concerned one of its chipmaking tools may be in China: reportASML has pushed back against those concerns, noting that EUV, or extreme ultraviolet, lithography tools used to print tiny chip circuits ar...
- Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessThe company plans to target chip companies to help accelerate the design process but also software companies that could use custom chips t...
- Architect Labs raises $24 million to take on Broadcom, Marvell custom chip businessArchitect Labs has secured $24 million in seed funding. The company will leverage artificial intelligence to accelerate and simplify the de...
- US awards $500 million to Nvidia-backed SandboxAQ for finding new chipmaking materialsAmerica is investing heavily in its chip industry. The US government has given a massive $500 million to SandboxAQ. This company will devel...
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