Unleashing AI Potential
In a strategic move reflecting the AI computing trend, SoftBank's Arm is gearing up for a substantial US initial public offering (IPO).
Leading financial institutions, including Barclays, Goldman Sac...
Major Stock Moves
Witness Monday's rising stock futures following the S&P 500's impressive month of gains. Stay tuned as Wall Street focuses on earnings from tech giants Apple and Amazon.com, along with the highly anticipated monthly U.S. jobs r...
Nvidia and ARM
The US corporation Nvidia has decided to abandon its acquisition of UK company Arm due to disapproval of the deal by regulators. The Financial Times reported this on Tuesday, citing unnamed...
The company's earnings and outlook
Qualcomm (QCOM) shares rose after the postmarket on Wednesday after the chipmaker achieved better-than-expected sales and revenue reports. The high sales outlook for the holiday quarter shows that Qualcomm is respo...
New devices from Google
Google on Tuesday unveiled its new Pixel 6 and Pixel 6 Pro smartphones with proprietary Tensor chips and the recently released Android 12 operating system. The new d...
Stocks rise
US stock indices rose on Tuesday as the major averages are expected to stabilise at or near their lowest level in months. The Dow Jones Industrial Average rose 114 points, or 0.34 pe...
Nvidia & Arm deal
Nvidia (NVDA) shares fell 0.8% on Tuesday after news broke that EU authorities see not enough concessions from Nvidia on the Arm purchase deal to mitigate potential damage to competitors and gain approval from EU antitrust...
Arm and Nvidia
Nvidia shares were down slightly at the pre-market on Wednesday following news that a preliminary investigation by UK authorities into Nvidia's deal to buy UK tech giant Arm showed "worrying implicat...
Goole and Qualcomm's chips
Google announced on Monday that it will start producing its own processors called Tensor for its new range of Pixel 6 and Pixel 6 Pro smartphones. This is the "beginni...
State of the stock market on Thursday
Facebook (NASDAQ:FB) shares fell 3.1% on the New York Stock Exchange premarket on Thursday after the social media giant warned of a significant slowdown in revenue growth in the current third quarter and next.
...
Deal with Arm
Nvidia shares hit a new price high on news of an artificial intelligence (AI) partnership with Google and unexpected support from major semiconductor companies for Nvidia's de...
Production increases
Intel today announced that it is jointly building a new factory in Italy with communications companies. Intel also said this week that it plans to be a contract manufacturer for Qualcomm.
Intel (INTC) plans to aggressively expa...
Deal delayed
The biggest deal in Nvidia's history and one of the biggest in the tech industry, Nvidia's merger with UK-based Arm, could be delayed indefinitely because of China's antitrust investigation. Since Arm has subsidiaries in other countries...
Takeover bid
Nvidia (NASDAQ:NVDA) has filed an application with Chinese antitrust authorities to review a $40 billion takeover of UK chip developer Arm, currently owned by Japanese tech giant SoftBan...
New specs
Shares in Snap rose nearly 6 per cent on Thursday following a series of updates and new product announcements unveiled by the company during the Snap Partner Summit online presentation.
On Wednesday, Snap (SNAP) unveiled a new generation ...
Largest fine in history
The company was accused of violating antitrust laws. Alibaba's actions had a negative impact on competition in the e-commerce market, the regulator said.
China's State Market Surveillance Administration has imposed a fine of...
New V9 architecture
Arm on Tuesday unveiled its new Armv9 architecture, which will form the basis of the next 300 billion chips whose technology will enable artificial intelligence and high security data storage.
...
Case closed
Qualcomm has been in a legal dispute since 2017 with the US Federal Trade Commission (FTC), which accused the company of abusing its dominant position in smartphone chips.
Qualcomm's (QCOM) licensing practices have been t...
New chip plants in Arizona
Intel shares rose 3.7 percent after the company's new CEO announced plans to build two new plants for about $20 billion. Intel could expect success, given the global chip s...
Unfair business
The Chinese authorities intend to impose the largest antitrust fine in the country's history on Internet platform Alibaba. This was reported by The Wall Street Journal (WSJ).
According to WSJ sources, Alibaba is to be fine...
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