Intel is getting a $2 billion capital injection from SoftBank Group in a major vote of confidence for the troubled U.S. chipmaker that is in the middle of a turnaround effort.
When Lip-Bu Tan stepped down from the SoftBank Group board in 2022 at a time when the Japanese company was grappling with soured investments, his parting message offered advice on how Masayoshi Son’s conglomerate could strengthen its business.
Taiwan’s Foxconn, which rose to become a global tech manufacturing juggernaut by assembling millions of iPhones, can now say its main business is no longer Apple as it takes advantage of the AI-boom to diversify its income.
Shares of Intel surged 4.6% in premarket trading on Friday after Bloomberg News reported that the Trump administration is in talks with the struggling chipmaker for the U.S. government to potentially take a stake in the company.
South Korea’s SK Hynix forecasts that the market for a specialized form of memory chip designed for artificial intelligence will grow 30% a year until 2030, a senior executive said in an interview with Reuters.
In this episode of #DigitalTransformationTalk, Kevin Craine is joined by experts from Gap Inc., Marigold, and Tomorrow’s Leaders to explore the future of brand loyalty in retail.
Demand in China has begun surging for a business that, in theory, shouldn’t exist: the repair of advanced Nvidia artificial intelligence chipsets that the U.S. has banned the export of to its trade and tech rival.
U.S. wireless carrier Verizon raised the lower end of its annual profit forecast, riding on strong demand for its premium plans and benefits from the Trump administration’s new tax law.
The Novo Nordisk Foundation and Denmark’s state-owned credit fund said on Thursday they will invest in what they say will be the world’s most powerful quantum computer, aiming to revolutionize areas such as drug discovery and materials science.
Carmaker Stellantis said on Wednesday it would discontinue its hydrogen fuel cell technology programme and no longer launch a range of hydrogen-powered vehicles this year, as it sees no development of the market in the mid-term.
Dutch digital mapping specialist TomTom lifted the bottom end of its 2025 revenue guidance on Tuesday, after a better than expected performance in its core automotive business helped it beat market estimates in the second quarter.
Investors are hoping that ASML’s bookings are robust enough to support its 2026 growth ambitions when the world’s biggest chip-making equipment supplier reports its second-quarter earnings on Wednesday.
U.S. chipmaker Broadcom has pulled out of plans to invest in a microchip plant in Spain as talks with the government have broken down, news agency Europa Press reported on Sunday citing unidentified sources.
Some 32% of global semiconductor production could face climate change related copper supply disruptions by 2035, quadrupling from today’s levels, advisory firm PricewaterhouseCoopers (PwC) said in a report for business leaders on Tuesday.