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STMicro's Q3 revenue view slightly lags estimates even as chip demand recoversThe Franco-Italian chipmaker forecast third-quarter revenue of $3.70 billion, plus or minus 3.5%, compared with analysts' average estimat...
Global Market: Chinese tech firms raise over $27 billion in Hong Kong to fuel AI, chip expansionChinese technology firms are actively raising substantial funds in Hong Kong. These companies are financing growth in artificial intelligen...
Global Market: CXMT's $8.6 billion IPO draws strong demand despite cooling enthusiasm for chip stocksChinese memory chipmaker CXMT Corp's IPO saw oversubscription by institutional investors. This robust demand highlights continued investor ...
Tata Group resorts to older tech to launch its chip forayTata Electronics will begin India's first chip production using older technology. The Dholera facility will initially focus on 90-nanometer...
Micron signs deals with Qualcomm, others for AI-powered automobile chip componentsThe agreements come as the industry races to expand manufacturing capacity to meet the booming demand for memory chips due to the rapid a...
Chinese banks set for $41 million payday from chipmaker's $8.6 billion IPOSix Chinese investment banks will earn at least $41 million from CXMT's IPO. This significant payout boosts the industry's income pool, whi...
China's Xi to outline AI diplomacy vision at key Shanghai forumPresident Xi Jinping will present China's ambitious AI governance vision at a Shanghai forum. Huawei will debut its advanced AI computing s...
China's Xi Jinping to outline AI diplomacy vision at key Shanghai forumPresident Xi Jinping will present China's ambitious AI governance vision at a Shanghai forum. Huawei will debut its advanced AI computing c...
Cabinet highlights: India clears Rs 2.19 lakh crore mega push across chips, corridors and mobile manufacturingThe Cabinet approved Semicon 2.0 with a Rs 1,27,500 crore outlay for chip manufacturing. A Rs 62,500 crore scheme will boost mobile phone m...
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...
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 ...
US semiconductor boom faces worker shortage amid race with ChinaUS China semiconductor race: A significant skilled worker shortage could delay new US semiconductor plant construction. This talent crunch ...
Global Market: Samsung, SK Hynix rebound as bargain buying offsets AI chip selloff fearsShares of Samsung Electronics and SK Hynix rebounded after an early sell-off as investors bought into the dip, supported by expectations of...
Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stallSamsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's ...
ET Graphics: From budget to premium, gadget Prices RiseIndian consumers are facing a significant price hike on smartphones, laptops, and tablets, impacting both budget and premium devices. This ...
Qualcomm forecasts $15 billion data center chip sales by 2029, shares soarQualcomm also said it expects $40 billion in revenue from chips outside its smartphone stronghold by 2029, up from previous estimates of $2...
Qualcomm to buy AI startup Modular for $4 billion in AI software pushQualcomm is acquiring AI startup Modular for nearly $4 billion in an all-stock deal. This move aims to enhance Qualcomm's software capabili...