AI demand powers forecast hike, profit gains at tech giant ASML
The Hague – Strong demand for AI systems pushed up sales forecasts and drove a gain in second-quarter profits... Read more
16 Jul
Samsung expects 1,800% operating profit leap on AI boom
Seoul – South Korean technology giant Samsung Electronics forecast Tuesday a massive 19-fold jump in second-quarter operating profit from... Read more
7 Jul
‘One-time opportunity’: South Korea bets big on AI boom
Seoul – Huge demand for the components that power artificial intelligence presents South Korea with an opportunity to bolster... Read more
29 Jun
Samsung workers approve bonus deal after big AI profits
Seoul – Samsung Electronics union members on Wednesday approved a deal with management securing massive annual bonuses after threatening... Read more
27 May
Huawei touts new chipmaking technology to sidestep US restrictions
Shanghai – Chinese tech giant Huawei said on Monday it had developed a new way of making semiconductors that... Read more
25 May
Samsung union to start vote on tentative wage deal
Seoul – Samsung labour union members will begin voting Friday on a tentative wage deal that could deliver hefty... Read more
22 May
China market for Nvidia AI chips to open ‘over time’: Huang
Tokyo – Nvidia boss Jensen Huang expects China to eventually open its market to high-end US chips that can... Read more
19 May
India approves two semiconductor projects worth $414 million
Cape Town – India said it had approved two new semiconductor projects worth $414 million, as the government accelerates... Read more
6 May
Microsoft joins quantum race with breakthrough chip
San Francisco — Tech giant Microsoft unveiled a new computer chip on Wednesday that it says could transform everything... Read more
20 Feb, 2025
With arrival of Intel, Europe to gain advanced chips
Paris – Europe will soon produce a strategically vital component in the modern global economy as US semiconductor giant Intel... Read more
22 Dec, 2021
