Financial news and analytics
OpenAI expects to decide on a scheme for attracting investments by the end of next week
Reuters, citing The New York Times, shared further rumors about the upcoming new round of financing for OpenAI by investors,…
AI startups reach millions in revenue much faster than other young companies
Research from Stripe, which analyzed payment flows, shows the ability of young AI companies to reach multi-million dollar revenues much…
LG Display sells Chinese LCD display plant to TCL for $1.5 billion
South Korean company LG Display today announced the sale of its stake in a large liquid crystal display manufacturing plant…
Prospects for a glut in the Chinese market and Intel’s plans are forcing analysts to lower their forecast for ASML’s revenue dynamics
Less than a month is left before the Dutch company ASML publishes its next quarterly report, but industry analysts are…
Global sales of iPhone 16, Apple Watch Series 10 and AirPods 4 have begun – Apple showed how it was
Apple today welcomed customers to its stores around the world for the premiere of iPhone 16, Apple Watch Series 10,…
Qualcomm failed to cancel the antitrust fine in Europe, but managed to reduce it slightly
The Court of Justice of the European Union in Luxembourg confirmed the legality of the antitrust fine imposed on the…
The US has almost convinced Japan to further limit the export of semiconductor technology to China
The United States is close to persuading Japan to reach an agreement to limit exports of semiconductor technology to China,…
Intel received $1.9 billion in subsidies to build a plant in Poland
The European Commission has given Poland the green light to support the opening of a new Intel chip assembly and…
Samsung will put thousands of people out of work – some divisions will be cut by 30%
Reuters, citing its own sources, reports that the South Korean company Samsung Electronics is preparing to cut some of its…
TSMC’s August revenue rose by a third compared to last year
The largest contract chip manufacturer, the Taiwanese company TSMC, has just now summed up its financial results for August, and…