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Demand for high-priced startups has skyrocketed this year
The first quarter of the current calendar year has not yet ended, and the total amount of announced deals for…
Xiaomi Reports Record $50 Billion Annual Revenue, Helped by Expensive Smartphones and Electric Cars
Xiaomi has announced its financial results for the fourth quarter and full year 2024. Last year, the company posted revenue…
Siri AI Failure Threatens Apple With Big, Long-Term Losses
The news that the release of an updated version of the Siri voice assistant will be delayed for another year…
Chinese authorities will allocate $55 billion this year to finance advanced developments
The new US government has not yet determined the fate of the $53 billion, five-year program for subsidizing the national…
Foxconn Reports 13% Quarterly Profit Drop, But AI Hype Will Fix It
The world's largest contract electronics manufacturer Foxconn is optimistic about 2025, forecasting strong revenue growth in the first quarter despite…
China’s Naura Becomes World’s Sixth-Largest Chip Machine Maker
The efforts of Chinese chip manufacturers to replace imports are now often hampered by the lack of a sufficient range…
While Tesla shares plummet, Musk’s private companies have surged 45% since the US presidential election
Shares of Tesla, Elon Musk's public company, have been in free fall for the past few months. But that's not…
Global chip sales jump 17.9% in January to set new record
The industry association SIA has just summed up the results of January, which allows it to talk about the growth…
By 2030, the US will produce one in every five advanced processors
TSMC this week announced plans to increase investment in advanced semiconductor manufacturing in the U.S. to $165 billion. If the…
Trump Still Wants Tariffs on Taiwanese Chips — $100 Billion TSMC Deal Hasn’t Changed Anything
The world's largest semiconductor contractor TSMC promised on Monday, March 3, to increase its investment in U.S. manufacturing by $100…