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TSMC fourth-quarter profit leaps to record driven by AI boomBenefiting from surging demand for advanced chips used in artificial intelligence applications, Taiwan Semiconductor Manufacturing Co said ...- No firm is immune if AI bubble bursts, Google CEO Sundar Pichai tells BBCAlphabet CEO Sundar Pichai has cautioned about a potential artificial intelligence bubble. He believes no company will escape unscathed if ...
- China's DeepSeek frenzy enters the home as TV, vacuum cleaner makers adopt its AI modelsChinese startup DeepSeek's AI models are being integrated into various home appliances, including TVs, fridges, and robot vacuum cleaners b...
- After Trump's win, many despondent Americans research moving abroadFollowing exit polls suggesting a second term for Donald Trump, online searches by Americans about emigrating to countries like Canada, New...
- US launches Nvidia antitrust probe after rivals' complaints: reportThe U.S. Department of Justice initiated an investigation into Nvidia after competitors alleged it used its dominance in AI chip sales to p...
- Paytm gets government panel nod to invest in payments arm, sources sayThe approval still has to be vetted by the finance ministry, which will remove the main stumbling block to the unit, Paytm Payment Services...
- Joe Biden set to impose tariffs on China electric vehicles, sources sayU.S. President Joe Biden is set to announce new China tariffs as soon as next week targeting strategic sectors including electric vehicles,...
- India extends ban on onion exports indefinitely ahead of general electionIndia has extended its ban on onion exports indefinitely, a move that comes ahead of a general election and is expected to exacerbate high ...
- Vietnam PM Pham Minh Chinh courts US companies, seeks investment in chip sectorSynopsys, which has plans to build chip design centres in Vietnam, on Monday signed memorandums of understanding with Vietnam's information...
- Huawei flags product event, details about closely watched smartphones expectedHuawei Technologies will hold a media event on September 25 to discuss new products, sparking speculation about details on its recently rel...
- Asia stock markets weaken ahead of US inflation dataThe US Consumer Price Index (CPI) for August is due out on Wednesday. Inflation is expected to rise 0.6% month-on-month for August, which w...
- Ten-year yield hits 16-year peak on 'higher for longer' worriesTreasuries have been sold off in the past few weeks after strong retail sales and other data underscored the resilience of the U.S. economy...
- Coinbase CEO to meet US House Democrats on WednesdayThe meeting comes as Coinbase and Binance - two of the world's largest crypto exchanges - are grappling with lawsuits brought by the U.S. S...
- Oil climbs, but uncertainty on China COVID surge caps gainsThe market has been supported by the U.S. plan announced last week to buy up to 3 million barrels of oil for the Strategic Petroleum Reserv...
- Berkshire Hathaway boosts Occidental Petroleum stake above 20%In a regulatory filing on Monday night, Berkshire said it paid about $391 million for nearly 6.7 million Occidental shares between Aug. 4 a...
- Geely and Foxconn to form auto partnership: SourcesTaiwan's Foxconn and Chinese automaker Zhejiang Geely Holding Group will form a partnership to provide contract manufacturing and consultan...
- Sequoia Capital and KKR lead ByteDance funding round that values it at $180 billionThe funding round, which aims to raise $2 billion and would make it the world's most valuable financing round in the private market, is dra...
- Singapore becomes first country to approve sale of lab-grown meatDemand for alternatives to regular meat is surging due to consumer concerns about health, animal welfare and the environment. Plant-based m...
- Chinese smartphone brands turn to imports for India market as plants struggle: sourcesAlthough manufacturing facilities in India have been allowed since May to resume operations, several smartphone plants are still grappling ...
- HSBC Q1 results: Profit halves on increased loan loss provisions due to coronavirus crisisEurope's biggest bank by assets said profit before tax came in at $3.21 billion for January-March, down from $6.21 billion a year ago and b...
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