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Nvidia rises after signaling longer AI spending runwayThe world's most valuable company projected 70% revenue growth next fiscal year and forecast current-quarter sales above Wall Street estima...- Global Market: Bank of Korea hikes rates again to 3% as growth, inflation stay firmSouth Korea’s central bank raised its benchmark interest rate by 25 basis points to 3% for a second straight meeting, citing stronger-than-...
- Infineon Tech picks up 6.3 lakh sq ft Bengaluru office in Rs 750-cr rental dealGerman firm Infineon Technologies has leased over 6.3 lakh sq ft office space in Bengaluru. This significant deal involves a rental payout ...
- Widening trade gap with Japan a concern, Ficci flagsIndia's trade deficit with Japan is a growing concern for local exporters. Indian companies face hurdles accessing the Japanese market due ...
- Goyal signals BIS certification exemption for high-tech companies, including those from JapanIndia is developing a framework to exempt high-tech companies from BIS certification. This aims to facilitate the setup of manufacturing fa...
- Piyush Goyal promises BIS certification relief for high-tech sector firmsGoyal said he had taken note of concerns raised by Japanese companies over BIS certification requirements and that the government had alrea...
- Global Market: Nikkei drops as Japanese chip stocks track US tech selloffJapan's Nikkei share average saw a dip as tech stocks tracked declines in the US, particularly in the semiconductor sector. Investor cautio...
- Global Market: SK Hynix workers reject pay deal amid bonus disputeSK Hynix workers narrowly rejected a wage agreement by just 25 votes, with 50.08% opposing the proposed 6.3% pay hike and revised bonus str...
- India to amend rules within two months to ease semiconductor, auto component manufacturing: Piyush GoyalIndia will amend regulations and introduce new rules within two months for manufacturers. The minister assured companies that their concern...
- India’s AI data-centre push could drive 5% of global chip demand by 2030Global semiconductor revenue is projected to reach $1.6 trillion by 2026. AI data centres will drive significant growth in chip demand worl...
- Global Markets | Japan's Nikkei weighed down by AI stocks ahead of Nvidia earningsThe Nikkei share average in Japan experienced a downturn as stocks related to artificial intelligence faced mounting pressure due to inflat...
- Commerce Minister Piyush Goyal leads 200-member business delegation to Japan, to push trade, investmentCommerce and Industry Minister Piyush Goyal will lead a 200-member business delegation to Japan from August 24-27 to boost bilateral trade ...
- Global Market: Alibaba rout drags China, Hong Kong markets lower amid AI spending concernsChina and Hong Kong stocks fell sharply on Monday, led by technology shares, after Alibaba’s $10.2-billion share placement revived concerns...
- India's semiconductor market seen reaching $155 billion by CY31, share of global consumption to rise to 9%: ReportIndia's semiconductor market is projected to reach USD 155 billion by CY31, implying a compound annual growth rate (CAGR) of 20 per cent an...
- Global Market: Japan’s Nikkei swings as AI stocks slip ahead of Nvidia resultsJapan’s Nikkei swung between gains and losses on Monday as investors turned cautious ahead of Nvidia’s earnings this week. AI-related stock...
- Global Market: KOSPI gains on chip boost; foreigners turn net buyersSouth Korean shares rose on Friday, led by gains in Samsung Electronics and SK Hynix after U.S. semiconductor stocks advanced, though the K...
- Global Market: Japan shares rally as US debt buybacks ease bond market concernsJapan’s Nikkei rose 1% to 65,982.49 as falling global bond yields improved investor sentiment and revived risk appetite. U.S. Treasury plan...
- Global Market: Chinese stocks slide as semiconductor and robotics shares tumbleChinese stocks tumbled on Wednesday as semiconductor and robotics shares came under heavy selling pressure, with weak corporate earnings an...
- Global Market: Japan shares slide as chip stocks tumble on global tech routJapan’s Nikkei plunged 2.97%, tracking Wall Street’s technology sell-off as rising global bond yields and renewed Middle East uncertainty d...
- Two or three more chip plants to go live by year-end: IT secretary S KrishnanOn the government’s recently announced second phase of its semiconductor programme, with a $13-billion support, IT secretary S Krishnan sai...
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