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FOUNDRY BUSINESS
Samsung Electronics wins $200 billion Broadcom AI chip partnership, boosting foundry pushThe tie-up comes as global technology companies increasingly develop their own custom AI accelerators, rather than relying solely on gener...- Intel's Earnings Breakout: Can AI Power a Lasting Revival?Intel beat second-quarter estimates with its strongest revenue growth in over 15 years, driven by booming AI demand. Strong guidance and ex...
- Intel forecast crushes estimates as AI boom boosts chip demand; shares jumpIntel expects third-quarter revenue between $15.8 billion and $16.8 billion, compared with analysts' average estimate of $15.1 billion, acc...
- HAL, French major Safran sign contract for engine turbine forgingsHindustan Aeronautics Limited has signed a long-term agreement with Safran Aircraft Engines. This pact involves producing and supplying tur...
- Microsoft to fund Mistral's European AI expansion in multibillion-dollar dealAs part of the agreement, Microsoft Azure customers will be able to develop software using Mistral's data centers in France, giving Microso...
- Time to score own goals: India's GCCs create world-class research, but rarely own the IP that generates future wealthIndia's innovation challenge lies in foreign ownership of research assets. Global Capability Centers generate significant revenue but do no...
- Beyond Nvidia: The hidden winners of the AI investment boomThe real money in the AI build-out is being made where physical capacity can't keep pace with capital, argues Subho Moulik, Founder & CEO a...
- Forget rockets: Morgan Stanley sets $300 SpaceX target based on a secret AI weaponMorgan Stanley has initiated coverage on SpaceX with an Overweight rating and a $300 target price, arguing its biggest opportunity lies bey...
- Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
- Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stallSamsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's ...
- Tata Power offers 'pay-as-you-save' scheme with rooftop solar system for commercial users in PunjabTata Power Renewable Energy Limited has launched a 'pay-as-you-save' scheme in Ludhiana, enabling commercial and industrial consumers in Pu...
- "Excited to partner India": US Under Secy for Economic Affairs Jacob Helberg at sidelines of Pax Silica SummitThe US is excited to collaborate with India on the Pax Silica initiative, which is designed to enhance reliable trade in essential AI produ...
- Apple-Intel chip deal makes strategic sense but production is years awayApple is reportedly turning to Intel for chip manufacturing, a move driven by TSMC's inability to meet surging AI demand and Apple's need f...
- How SK Hynix's bet on a niche memory chip made it more valuable than SamsungSK Hynix has risen to claim the title of South Korea's most valuable company, a testament to its visionary 14-year investment in high-bandw...
- Global Market: How SK Hynix's AI bet helped it eclipse Samsung in market valueSK Hynix’s rise to South Korea’s most valuable listed company reflects a long-term bet on HBM chips that became central to the AI boom. Bac...
- Intel hires former SK hynix chief Lee Seok-hee to lead advanced packagingIntel has appointed former SK hynix and SK On CEO Lee Seok-hee as a senior vice president in its foundry business. Lee will lead advanced p...
- Intel taps industry veteran Seok-Hee Lee to lead foundry packaging pushThe American chipmaker has been trying to reinvigorate its manufacturing business under CEO Lip-Bu Tan, after missing out on the AI boom.
- These mid-cap stocks with ‘Strong Buy’ & ‘Buy’ recos can rally over 25%, according to analystsFrom a macro perspective, it is clearly a good time to be bullish. But as valuations remain high in parts of the market despite the recent ...
- Andhra Pradesh's Naidu pitches state as semiconductor hub to global chipmakersAndhra Pradesh Chief Minister N Chandrababu Naidu is inviting global semiconductor firms to invest in the state. He highlighted Andhra Prad...
- Marvell names Adobe's Dan Durn as finance chief amid growing AI demandDurn will take charge at Marvell starting June 15, while Meintjes will remain with the semiconductor company in an advisory role through ...
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