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DEMAND PLUMMETED FOR CHIPS.
China luxury market trends: Why consumers are shifting to frugal and online shoppingWhen Beijinger Jacqueline Li first heard one of her favourite luxury department stores in the city was closing, she was shocked -- until sh...- Inflation in driver’s seat likely to stall discretionary spendWhile consumer demand had started improving over the past four months after a prolonged slowdown, rising crude oil prices, supply disruptio...
- Intel CEO who won over Donald Trump and Elon Musk now needs a breakthroughIntel CEO Lip-Bu Tan is entering his second year with renewed optimism, securing interest from tech giants like Apple and Tesla, and seeing...
- India’s real estate will meet the reality of agentic AIIndia’s IT slowdown, driven by AI-driven automation and shrinking outsourcing demand, is beginning to hit real estate, mortgages, and emplo...
- Iran war may crush oil demand today, but send it soaring long termThe Iran war has caused a significant drop in global oil demand, with consumption plummeting due to supply disruptions and record-high fuel...
- Iran war pushes Asia to think twice before doubling down on LNGA Middle East conflict has disrupted global liquefied natural gas supply. This has caused prices to surge, impacting Asian nations heavily ...
- US weighs taking stake in Intel: BloombergThe Trump administration is reportedly considering taking a stake in Intel to support the struggling chipmaker. Talks followed a meeting be...
- AMD, Super Micro shares slide as AI bets falter on data center results missAdvanced Micro Devices and Super Micro Computer shares declined in premarket trading due to disappointing data centre results, impacting AI...
- Harsh reality check! Microsoft’s Satya Nadella just put Jensen Huang-led Nvidia on notice; here's what he saidMicrosoft CEO Satya Nadella warns Nvidia of potential risks due to an oversupply of AI resources. By 2027-2028, Microsoft plans to lease co...
- Nvidia is not out of the woods yet; stock falls after reports emerge that the Trump administration is looking at imposing further curbs on the sale of its chips to ChinaThe US is considering new restrictions on chip sales to China, adding to existing concerns about competition from Chinese AI models.
- Nvidia shares drop up to 7%, Nasdaq futures slide 4.3% as DeepSeek sparks global tech routNvidia, hailed as the AI boom’s poster child with a 196% gain in 2024, now faces rising scrutiny. DeepSeek’s low-cost, open-source model ch...
- ASML's lowered outlook suggests factory overcapacity, not chip doomASML's stock plummeted to its biggest single-day loss in a quarter century on its downgraded forecast. In results that the company inadvert...
- Is chip shortage over? Korea stockpiles swell to a record as demand sputtersActivity in South Korea’s chips industry is an important gauge of global demand for electronics, as the country houses two of the world’s l...
- Intel, Samsung hammered as chips demand plummetsIntel on Thursday posted a massive fall in sales for the first quarter of 2023 because of a steep drop in the demand for semiconductors, es...
- Samsung flags H2 recovery after record chip loss in Q1Samsung Electronics predicts a moderate recovery for its chips in H2 of 2019 after it reported a record loss of $478.6m within its semicond...
- Samsung results: Operating profit falls 95%, firms flags H2 recoveryThe South Korean tech giant's chip division - normally its most reliable cash cow - reported a 4.58 trillion won loss compared to a 8.45 tr...
- Samsung to cut chip output to ride out downturnThe unusual output cut by the world's biggest memory chipmaker - with no previous announcement recalled by Samsung officials and analysts -...
- Chipmakers, once in high demand, confront sudden challengesFor many consumers, products that were scarce because of a chips shortage may start becoming more available, though not immediately
- Chipmakers see ‘breathtaking’ drop in demand as recession loomsSamsung -- the world’s largest memory chip maker -- reported a 32% dive in operating income, while PC-processor chipmaker AMD said it will ...
- Chip wreck: Nvidia sinks sector after U.S. restricts China salesThe announcements also come as investors worry that the global chip industry may be heading for its first sales downturn since 2019, as ris...
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