Intel cancelled planned fab projects in Germany and Poland, and will consolidate its testing and assembly operations in Vietnam and Malaysia
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip-Bu Tan announced significant cuts in chip factory cons...
Nintendo of America President Doug Bowser says the company is “actively assessing” the impact of US tariffs, which “weren't factored into” its Switch 2 pricing
Nintendo of America president Doug Bowser tells WIRED the company is still figuring out how to address tariffs …
Tech stocks fall sharply over DeepSeek concerns, with NVDA down 17%+, TSM down 14%+, AMD down 6%+, ASML down 6%+, and MSFT down 3%+
Start-up's model raises questions about need for huge western hardware investment — Tech stocks tumbled on Monday as advances by Chinese artificial intelligence start …
DeepSeek's iOS app tops the App Store's Top Free Apps chart in the US, beating ChatGPT, stirring doubts in Silicon Valley about the strength of the US' AI lead
- App's lower-cost model upends premise for AI spending boom — Stocks of chip gear makers ASML and Advantest plunge
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
Intel's 25-year reign has come to an end Varsha Agarwal / DNA India : Nvidia to replace rival Intel in Dow Jones indices by November 8 Kara Greenberg / Investopedia : Nvidia To Tak...
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
Intel's 25-year reign has come to an end Varsha Agarwal / DNA India : Nvidia to replace rival Intel in Dow Jones indices by November 8 Kara Greenberg / Investopedia : Nvidia To Tak...
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
- Intel, Dow Inc. are set to leave the 30-member index — Nvidia up 3.2% in post-market trading, while Intel is down 2%
Nvidia will replace Intel in the Dow Jones Industrial Average on November 8, after Amazon replaced Walgreens in February 2024; Intel joined the index in 1999
- Intel, Dow Inc. are set to leave the 30-member index — Nvidia up 3.2% in post-market trading, while Intel is down 2%
Nvidia closed down 10% on Friday, falling the most since March 2020 and losing more than $200B of its market value, as investors pull back from AI bets
US stock markets suffer their worst run since October 2022 as investors pull back from AI bets — Nvidia's share price plunged …
Global smartphone shipments grew 7.8% YoY to 289.4M in Q1 2024; iPhone fell 9.6% YoY, more than all top brands, Xiaomi grew 33.8% YoY, and Samsung retook first
Worldwide Quarterly Mobile Phone Tracker , global smartphone shipments increased 7.8% year over year to 289.4 million units in the first quarter of 2024 (1Q24).
Analysts: iPhone 15 sales in China are down compared to the iPhone 14; Counterpoint estimates a 4.5% drop after 17 days and Jefferies says Huawei outsold Apple
- IPhone 15 selling worse in China than its predecessor in 2022 — Sales of Apple's flagship device are down 4.5% in comparison
Arm prices its 95.5M shares at $51 a piece, raising $4.87B in 2023's largest IPO so far and giving the company a fully diluted valuation of ~$54.5B
Arm, the British chip design giant controlled by SoftBank, has raised nearly $5 billion in its initial public offering.
Sources: China plans to expand its ban on iPhones in sensitive departments to government agencies and state companies, an unprecedented blockade; AAPL drops ~3%
Sources: China plans to expand its ban on iPhones in sensitive departments to government agencies and state companies, an unprecedented blockade; AAPL drops 3%+
- Beijing begins by banning the devices from certain bodies — It could deal blow to Apple and amplifies a self-reliance push
Filing: SoftBank prices Arm's shares at $47 and $51, aiming to raise up to $4.87B by selling 95.5M shares, for a $52B+ valuation and the biggest US IPO of 2023
SoftBank Group's (9984.T) Arm is aiming to raise up to $4.87 billion in the chip designer's U.S. initial public offering, a regulatory filing showed on Tuesday.
Mastercard and Binance plan to end their Latin America and Middle East card partnership on September 22; Visa stopped issuing Binance cards in Europe in July
Where does it go from here for Binance and I wonder what some of the jurisdictions …
Mastercard and Binance plan to end their card partnership in Latin America and Middle East on September 22; Visa stopped issuing Binance cards in Europe in July
- Visa halts issuing new Binance Card while Mastercard ends pact — Crypto exchange under legal and regulatory challenges globally
Court filings: Binance's lawyers allege SEC Chair Gary Gensler offered to be an advisor to the company in March 2019 when he was teaching at MIT Sloan
- According to a new filing from Binance's lawyers, SEC Chair Gary Gensler offered to be an advisor to the crypto exchange in 2019.
Mark Zuckerberg says Meta plans to cut another 10,000 jobs and withdraw around 5,000 open roles, just four months after cutting 11,000 jobs
Meta plans to cut its workforce by another 10,000 people and withdraw around 5,000 open roles that it had yet to fill, company co-founder …
Court documents: FTX owes $3.1B to its 50 biggest unsecured creditors, with claims ranging from $21M to $226M; ten claims are over $100M each
I recall hearing or reading that the top dog of Aurora … Brad Dress / The Hill : FTX owes more than $3 billion to biggest creditors: court filing The Information : FTX Owes Top 50 ...