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Myntra announces End of Reason Sale starting May 29Myntra's 24th End of Reason Sale begins May 29. Millions of customers can shop over 6 million styles. Emerging brands will debut new collec...- MediaTek hires former TSMC executive to boost AI chip packagingChip designer MediaTek has appointed former TSMC executive Douglas Yu as a part-time adviser. This move strengthens MediaTek's advanced pac...
- Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecastQualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarte...
- Qualcomm rises on smartphone rebound hopes, data-center chip pushQualcomm anticipates lower third-quarter earnings but sees a smartphone market rebound. The chip giant is also entering the data center mar...
- Marvell Tech shares soar on bullish multi-year AI chip outlookMarvell Technology rose nearly 11% in early trading on Friday, as its upbeat multi-year forecast underscored booming demand for custom AI c...
- Nvidia-Google AI chip war heats up as world’s most valuable company ‘delighted by Google’s success’ despite its own stock fall after report of Meta-Google chip dealNvidia-Google AI chip: Nvidia is facing increased competition in the AI hardware market as Google aggressively pitches its TPUs to major co...
- Azimuth AI, Cyient Semiconductors launch Indias first-gen IP powered silicon chipIndia has launched ARKA GKT-1, its first intelligent-power chip for edge AI and smart energy. Developed by Azimuth AI and Cyient Semiconduc...
- Australia's ANZ to pay $160 million over bond deal, customer violationsAustralia and New Zealand Banking Group will pay a hefty fine. The penalty is for misconduct including charging deceased customers. The ban...
- Chipmaker Marvell's weak data centre forecast prompts AI investors to dump its stockMarvell Technology forecast quarterly revenue below expectations, sending shares down 12%. Despite a 69% rise in data centre revenue, growt...
- Big relief for thousands of Australians hit by excess bank charges: $60 million refund to be released as ASIC cracks the whipThe Australian Securities and Investments Commission is acting against banks. This is regarding unfair charges. Thousands of customers face...
- Broadcom shares surge as solid forecast eases demand worries for AI chipsBroadcom is seeing red-hot demand for its custom artificial intelligence chips from cloud computing companies looking for an alternative to...
- Broadcom forecasts Q1 revenue above estimates on strong AI chip demandBig tech has been vying to reduce its dependence of pricey, supply-constrained AI processors made by front-runner Nvidia , helping Broadcom...
- Australia orders $5.1 million fine on Kraken crypto exchange operatorThe Australian Securities and Investments Commission (ASIC) said that Bit Trade, which operates the Kraken exchange in Australia, failed to...
- Cyient acquires 27.3% in US based Indian startup Azimuth AIThe strategic investment will expand Cyient’s capabilities across the semiconductor industry, said the Hyderabad headquartered firm in an e...
- Aussie regulator wins case against Kraken crypto exchange operator on distribution flawsIn September 2023, the Australian Securities and Investments Commission (ASIC) initiated civil proceedings against Bit Trade alleging that ...
- Australian regulator sues crypto exchange for design, distribution failuresThe design and distribution obligations (DDO) require firms to design financial products that meet the needs of consumers and distribute th...
- Meta will become Broadcom's next billion-dollar customer: JP MorganASIC (application-specific integrated circuit) chips will drive $2 billion to $2.5 billion in revenue for Broadcom this year, helped by its...
- McLaren Strategic Ventures launches AI-customized chip design venture in IndiaIt has launched Atlas Silicon, a comprehensive ecosystem that will create digital synergies to bring concept, design, IP and production und...
- Australian regulator says crypto investors 'on their own' for now"At present many crypto-assets are probably not 'financial products' .... for the most part, for now at least, investors are on their own,"...
- Get ready to pay more for consumer productsSeveral firms plan to pass on the custom duty hikes announced in the Budget to consumers.
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