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SEMICONDUCTOR TAKEOVER
Global markets: Europe's STOXX 600 hits two-week low on Mideast escalation, AI jittersEuropean shares hit a two-week low as Middle East tensions and a global AI stock selloff weighed on the market. Crude oil prices surged ove...- ED's Parimatch heat reaches Zepto; SPC's India deeptech pushZepto has come under the ED's scanner as part of its probe into Parimatch. This and more in today's ETtech Top 5.
- US stocks today: S&P 500, Nasdaq end lower as inflation, Iran tensions weighUS stocks closed lower as hotter-than-expected inflation and escalating US-Iran tensions weighed on sentiment. The S&P 500 and Nasdaq retre...
- Acko's $250 million IPO; Infosys' market cap plungeNew-age insurer Acko will soon confidentially file draft papers for its stock market debut. This and more in today's ETtech Top 5.
- China orders Meta to unwind $2 billion buy of AI startup ManusChina's top economic planner has blocked Meta's acquisition of AI startup Manus, citing a prohibition on foreign investment in the project....
- Global Markets | Japan's Nikkei closes above 60,000 for first time on earnings optimismJapan's Nikkei index soared past the 60,000 mark for the first time, driven by strong corporate earnings and AI sector optimism, despite Mi...
- Tata Sons IPO: After Venu Srinivasan, Tata Trusts Vice Chairman Vijay Singh backs listing of Tata Sons, says reportA Tata Trusts trustee has backed listing Tata Sons via an IPO, aligning with growing support despite the group’s earlier stance to remain u...
- Global Markets | Banks, media stocks lift European shares, markets brace for Trump's Iran deadlineEuropean shares rose on Tuesday, led by media and banking stocks, though a looming deadline for Iran to reopen the Strait of Hormuz kept in...
- Chip equipment maker Besi fields takeover interest on surging demand for advanced chip packaging: ReportBE Semiconductor Industries is drawing takeover interest. Its advanced chip-packaging technology is highly strategic. Lam Research and Appl...
- Global Markets | European shares set for weekly loss as Mideast war fuels inflation fearsEuropean shares fell on Friday and were headed for a second weekly loss, as escalating conflict in the Middle East and inflation worries ...
- BESI attracts takeover interest as advanced chip packaging demand surgesBE Semiconductor Industries has been fielding takeover interest. The chip equipment maker which has a market value of 14 billion euros ($16...
- Qualcomm strengthens AI portfolio with $2.4 billion Alphawave dealAlphawave, which designs and licenses semiconductor technology for data centers, networking and storage, had garnered takeover interest fro...
- UK takeover panel gives Qualcomm more time to make bid for AlphawaveEarlier this month, Alphawave had abstained from providing a financial forecast due to uncertainty stemming from the "rapidly developing na...
- Mitsubishi Chemical plans to join supply chain link in semiconductor, EV sectors in IndiaMitsubishi Chemical Group plans to enter India's semiconductor and electric vehicle supply chains. CEO Manabu Chikumoto mentioned the need ...
- Allegro drawing takeover interest from ON Semiconductor: ReportOnsemi has been working with advisers in recent months to pursue Allegro, the Bloomberg report said, adding that it's possible other suitor...
- Intel breakup on the horizon? Analyst sees market cap boost from $167 billion to $237 billion as Taiwan Semiconductor and Broadcom reportedly eye key divisionsIntel is reportedly exploring a breakup as it seeks to improve shareholder value. Chip giants Taiwan Semiconductor and Broadcom are eyeing ...
- Is Apple buying Intel? Rumours of a deal crop upThese rumours come from the YouTube channel 'Moore's Law is Dead', where Tom S has reported about "whispers" of a potential purchase of Int...
- Intel and US to finalise $8.5 bln in chips funding by year-end: ReportIntel and the U.S. government are close to finalizing $8.5 billion in direct funding for the chipmaker, expected by year-end. This funding ...
- Prosus cans $4.7 billion BillDesk deal: here are the biggest failed ‘tech-overs’ everProsus’s $4.7 billion deal to buy BillDesk would have been one of the largest ever in India's technology sector, but how does it compare wi...
- Samsung Electronics' net profit declines 5%Samsung Electronics Co said on Friday that second-quarter net profit fell 5 per cent, amid price declines for its mainstay computer memory ...
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