AI bubble debate gets real as chip stocks rallyChipmaker stocks are soaring, leading to a debate about an artificial intelligence bubble. Demand for AI data center chips is driving price...
SC allows Amazon's appeal, sets aside order imposing Rs 202 crore penaltyThe Supreme Court has relieved Amazon by setting aside a Rs 202 crore penalty. The apex court also suspended the e-commerce giant's deal wi...
Global Market: Chinese AI and chip stocks rally after Huawei signals major tech leapChinese semiconductor stocks surged in Hong Kong following Huawei's announcement of a potential 1.4nm chip breakthrough using "LogicFolding...
Uber said to study full takeover of European rival Delivery HeroThe ride-hailing giant this week disclosed it had boosted its stake in Frankfurt-listed Delivery Hero. It’s working with advisers to study ...
Europe lacks everything needed to make its stock market a winnerEuropean stocks have lost their momentum as investors shift focus from cheaper regional equities to the AI boom and seek refuge from a glob...
Chinese imports of chip gear hit record $26 billion this yearChinese firms imported almost $26 billion worth of chipmaking machinery, according to fresh trade data released by China’s General Administ...
US considers tougher trade rules in China chip crackdownThe U.S. is contemplating severe trade restrictions on companies providing advanced semiconductor tech to China. Measures may include the F...
Dutch chipmaker ASML CEO says he expects demand from China to remain strong"I don't think we will see a peak this year, I think there will be a significant amount of demand coming out of China for mature technology...
SC extends stay on CCI's Amazon fine recoveryThe Supreme Court extended its stay on the recovery of the 202-crore penalty imposed by the Competition Commission of India on Amazon.Com N...
Pakistan Airlines plane seized in Malaysia over unpaid dues, second time in 2 yearsA Malaysian court ordered the Pakistan Airlines plane to be seized on the lessor’s request.
Trade war risks increasing, but no 2023 impact on China sales: ASMLIn a discussion of risks in its annual report, ASML outlined how it has already been affected by restrictions introduced by the United Stat...
Biden’s chip curbs outdo Trump in forcing world to align on ChinaIn the Netherlands, home of ASML Holding NV, which has a virtual monopoly on a type of machine needed to make the most advanced chips, peop...
European shares inch higher as ASML's results lift chip stocksAmong other single stocks, Handelsbanken rose 5.1% after the Swedish bank reported record operating earnings, helped by a jump in interest ...
European shares climb on vaccine hopes, mixed earningsMarket sentiment got a boost after U.S. biotech firm Moderna Inc's experimental vaccine for COVID-19 showed it was safe and provoked immune...
CCI clears Amazon's 0.51% equity acquisition in Quess CorpQuess Corp in a regulatory filing on July 12 had said its board has approved the issuance of over 7.54 lakh equity shares to Amazon.com NV ...
CCI gives nod to Unilever PLC-Unilever NV dealUnilever PLC and Unilever NV are the two ultimate holding parent companies of the Unilever Group, which is one of the world's leading consu...
JPMorgan blames Steinhoff for $143 mn margin loan hitThe bank recognized a $143 million mark-to-market loss on a margin loan to a single customer.