Financial news and analytics
Meta reports $4.4 billion loss for Reality Labs in Q3
Despite its success in developing AR and VR wearables, Meta✴ continues to face heavy losses for its Reality Labs division.…
Intel wanted to take over Nvidia for $20 billion in 2005 – today it is worth more than $3 trillion
In 2005, the then head of Intel, Paul Otellini, approached the company's board of directors with an unexpected proposal -…
ASML’s “technical error” cost the global tech industry $420 billion – and that’s just the beginning
Dutch semiconductor equipment manufacturer ASML yesterday published disappointing sales forecasts, which led to a decline not only in its securities,…
Japanese Rapidus has half completed the construction of the first pilot line for the production of 2nm chips
According to Taiwanese media, the Japanese corporation Rapidus completed approximately 50% of the construction of a pilot line for the…
EU Patent Court rules billions of euros worth of products destroyed due to counterfeit LEDs
On October 10, 2024, the European Union Patent Court in Düsseldorf ruled in favor of Seoul Semiconductor and its subsidiary…
Vietnam has decided to become a major chip manufacturer – the country will build six semiconductor factories by 2050
The only significant semiconductor facility in Vietnam right now is Intel's chip assembly and testing center, but the country aims…
Nvidia boasted of “insane” demand for Blackwell chips, but “everything is going according to plan”
Nvidia CEO Jensen Huang told CNBC's "Closing Bell Overtime" that demand for Blackwell's next-generation AI accelerator is "insane." Nvidia has…
Sam Altman and Mark Zuckerberg were sent gloves with extra fingers – this is a hint of the dangers of AI
The movie criminal always leaves a business card at the crime scene - a mystery object that hints at new…
The daughter of the company’s founder, Sabrina Meng, will lead Huawei in the next six months.
Chinese technology giant Huawei has named the company's new replacement CEO. Eric Xu's term in this post expired on September…
Zuckerberg became the fourth person in the world with a fortune of more than $200 billion
Initially, Mark Zuckerberg's bet on the metaverse looked like a colossal mistake that removed more than $100 billion from the…