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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...
Huawei touts new chipmaking technology to sidestep US restrictionsChinese tech giant Huawei said on Monday it had developed a new way of making semiconductors that could get around its US-enforced lack of ...
Tata Electronics, ASML join hands for semiconductor manufacturing in IndiaTata Electronics and ASML are joining forces to establish chip manufacturing in India. This partnership will support Tata Electronics' new ...
SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
Explained: How 2026 FIFA World Cup’s AI boom is fueling chipmaker, data centre REIT valuationsThe 2026 FIFA World Cup is set to become the most data-intensive sporting event yet, driven by AI, real-time analytics and edge computing. ...
Samsung reaches $1 trillion valuation: What’s fuelling the AI chip surge?Samsung Electronics has crossed a $1 trillion valuation. This milestone is fueled by strong demand for AI chips. The company is a major sup...
The rapid embrace of AI in China, its biggest testing ground, may shape how AI is used globallyChina is rapidly adopting artificial intelligence tools. Ordinary citizens and businesses are using AI for daily tasks and work. Chinese co...
Samsung hits $1 trillion valuation, joins TSMC’s elite club as AI chip boom powers record rallySamsung Electronics has achieved a $1 trillion market valuation, driven by soaring demand for AI chips. The memory giant's stock has quadru...
Tata Electronics aims to be $30 billion business with fab play: CEO & MD Randhir ThakurTata Electronics is rapidly expanding its semiconductor and electronics manufacturing operations. The company has achieved significant reve...
Samsung's chip profit posts almost 50-fold growth but supply worries cloud 2027 outlookSamsung Electronics achieved record profits, fueled by a massive surge in chip income. The company anticipates a severe chip shortage next ...
Samsung chip profit jumps almost 50-fold; supply shortage to worsen in 2027Samsung Electronics posted a record quarterly profit on Thursday, driven by strong sales of chips crucial for artificial intelligence. Sout...
Global Market | AI boom fuels record earnings surge at Samsung ElectronicsSamsung Electronics reported a dramatic surge in first-quarter earnings, driven by soaring memory chip prices amid a global artificial inte...
US stocks today: Oracle, CoreWeave lead AI selloff on OpenAI growth concernsShares of AI companies fell on Tuesday. OpenAI reportedly missed user and revenue goals. This has sparked worries about its ability to fund...
TSMC projects 70% annual growth in 2nm capacity through 2028TSMC anticipates substantial growth in its 2-nanometer chip production from 2026 to 2028. The company is also preparing its new A13 process...
Wall Street Week Ahead: Soaring US stocks face pivotal week of tech-led earnings, Fed meetingIndian markets brace for a crucial week. Major tech giants like Microsoft and Alphabet report earnings. Investors watch for clues on artifi...
ASML layoffs: the king of advanced chip-making machines cuts 1,700 jobs in major shake-up—but is China ready to lure them all and forge its own ASML empire?ASML layoffs hit global headlines after the chip giant confirmed 1,700 job cuts, nearly 4% workforce, despite record AI-driven demand. The ...
US stocks today: Dow falls over 300 points as failed US-Iran talks unsettle investorsWall Street slipped as failed US-Iran talks and a US naval blockade on Iranian ports revived geopolitical risks, denting market sentiment. ...