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Moonshot is creating new winners and losers in the AI tradeThe Chinese startup unveiled Kimi K3 on Friday, a model that it says delivers performance that rivals top-tier offerings from OpenAI and An...
TSMC expects 'strong, multi-year' demand for AI chips as it ramps up Arizona investmentSpeaking after blockbuster second-quarter results on Thursday, Chief Financial Officer Wendell Huang said the company is "very happy" with ...
Cabinet clears Rs 1.9 Lakh crore push for chip, mobile phone manufacturingThe Union Cabinet approved significant new schemes for semiconductor and mobile phone manufacturing. The India Semiconductor Mission's seco...
BOK hikes rates for first time in 3-1/2 years, signals moreSouth Korea's central bank has increased its benchmark interest rate for the first time in three years. This move aims to stabilize the cur...
Global Market Today: Asian equities drop led by Kospi, oil extends gainAsian stocks declined as semiconductor shares faced renewed selling pressure. Crude oil prices climbed higher due to fresh strikes in the M...
Semicon 2.0, PLI could create up to 20 lakh direct and indirect jobs: ICEAThe Union Cabinet's approval of the Semicon 2.0 programme and the Mobile Phone Manufacturing Scheme (MPMS) could generate up to 5 lakh dire...
Government approves Rs 1.27 lakh crore ISM 2.0, expects Rs 4 lakh investmentsThe government expects ISM 2.0 to bring in investments worth Rs 4 lakh crore, production worth Rs 2 lakh crore and exports of Rs 1 lakh cro...
India approves Rs 62,500 crore Mobile Phone Manufacturing Scheme (MPMS) to boost exports and jobsThe union cabinet approved a new mobile phone manufacturing scheme. This initiative has an outlay of sixty-two thousand five hundred crore ...
Global Market: ASML raises 2026 outlook as AI boom drives strong earnings, plans capacity expansionASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand...
US-China tech rivalry explained: Why the AI and chip war mattersThe US and China are engaged in a significant technology competition. Artificial intelligence and semiconductor chips are central to this o...
Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
China's exports ride AI boom as domestic economy strugglesChina's exports saw a significant surge in June, driven by global AI demand and auto sales. Imports also jumped considerably, reaching a fi...
Global Market: South Korea targets AI-led growth, raises 2026 GDP forecast to five-year high; chip stocks in focusSouth Korea has raised its 2026 GDP growth forecast to 3%, the fastest pace in five years, backed by an AI and semiconductor-led investment...
China's exports surge 27% from a year earlier as AI boom drives strong demandChina's exports jumped twenty-seven percent in June, driven by strong artificial intelligence demand. Imports also surged significantly, re...
Govt sops key as India’s chip market set to explode to $350 billion by 2035By 2035, India could be consuming $350 billion of semiconductor devices and components under the parlay, it said.
Union Minister Ashwini Vaishnaw urges IT industry to capitalise on global semiconductor talent shortageIndia's IT sector can address the global semiconductor talent shortage of one million people. Prime Minister Modi's focus has led to twelve...
China temporarily bans helium exports as US-Iran tensions flare againHelium is essential for heat management in semiconductor production. The helium ban is the latest example of Beijing seeking to prevent dom...