Earnings and forecasts
The company reported earnings per share and second-quarter earnings above analysts' estimates, while raising its full-year sales forecast for 2021. However, Intel's current quarter earnings are down.
Intel...
License to fly into space
The U.S. Federal Aviation Administration (FAA) has approved a license for Blue Origin to fly suborbital spacecraft New Shepard with people on board. This was reported by Reuters on Monday, citing a statement from&...
Taxi service Didi
Chinese giant Didi Global Inc said Beijing's order to remove the taxi-calling service from app shops in China could hit revenues. At the same time, other Chinese companies that recently went public in the US have also been the targ...
New chip manufacturing technology
Apple and Intel Corp. plan to be the first to use the next-generation chip-making technology developed by Taiwan Semiconductor Manufacturing Company (TSMC). This was repo...
Fiscal Q3 results
Micron reported record sales and a jump in profits in the third quarter and gave a higher outlook for the fourth quarter than market analysts. Micron will sell its Utah plant for $9...
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...
Forecasts from UBS
Tesla shares fell on Tuesday as UBS cut its target price its growth forecast for the next 12 months was lowered from $730 to $660.
Tesla (TSLA) remains the global leader in electric vehicles, an analyst at Swiss bank UBS said on ...
Hong Kong dual listing
Shares in Xpeng Motors rose 4 per cent on Wednesday amid reports that the Hong Kong regulator has approved the carmaker's listing on the Hong Kong Stock Exchange. Going public on the Asian exchange will allow Xpeng t...
AI and AR features
Facebook has announced that it is expanding the Shops feature in WhatsApp and Facebook Marketplace, which could improve their monetisation and turn the company's apps into online shopping platfor...
Self-driving trucks
Amazon has approached California-based start-up Plus to equip its first thousand trucks with its autonomous driving system. Amazon plans to buy a 20 per cent s...
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...
Nvidia and DeepMap
NVIDIA shares reacted by rising to the purchase of privately held DeepMap, which makes high-definition mapping software that will help improve Nvidia's in-car chips with machine learning technology.
Nvidia (NV...
Expanding cooperation in the region
Australian Prime Minister Scott Morrison discussed with US President Joe Biden and British Prime Minister Boris Johnson expanding cooperation on key areas. The Australian newspaper reported on Sunday that the them...
TSMC in the US
Back in 2019, TSMC showed the public a sample of a multi-chip product that combined two 600mm2 processors and eight HBM memory chips on a single substrate. Now the company is ready to move to a three-dimensional layout, and one of the...
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...
Negotiations to supply batteries
Apple is in talks with CATL and BYD to supply batteries for its future electric cars, according to media reports. The main obstacle may be Apple's requirement that the batteries for the Apple Car be manufactured in t...
WWDC 2021
Apple unveiled several new features at its annual developer conference, WWDC 2021, that ensure the privacy of user data. The event was streamed on the company's website.
For example, the Mail Privacy Pro...
iPhone for a subscription
AT&T, Verizon and T-Mobile are seeking to reach a larger audience of loyal customers with expensive subscriptions that include 5G. Competing companies have returned to providing smartphones for free or at a discount in ...
Artificial intelligence
McDonald's has announced that it will begin testing artificial intelligence technology for customer service on McDrive at 10 restaurants in Chicago. Using a voice assistant instead of staff will allow McDonald's to reduce cos...
Powerful chips and 5G modems
Intel unveiled its most powerful Tiger Lake-U chips and 5G modem for laptops at the Computex 2021 digital show on Monday, but said it would take several years to solve the chip sho...
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