Financial news and analytics
Trump’s actions have resulted in billions in capitalization losses for tech companies
U.S. tech stocks have fallen more than 7% since President Donald Trump was inaugurated. New tariffs imposed by the new…
China threatens the world with a tungsten shortage, which will lead to higher prices for electronics and other things
When it comes to electronics, silicon and lithium are the first to come to mind. Tungsten is associated with incandescent…
US ‘Chip Act’ Will Soon Stop Working – Trump Will Fire All Officials Responsible for It
The American "Chip Act" adopted during the presidency of Joe Biden, which is aimed at supporting and developing the semiconductor…
“Overall successful”: Rostelecom reports 43% drop in net profit in 2024
Rostelecom's net profit for last year amounted to 24.1 billion rubles, which is 43.2% less than the 42.3 billion that…
Alibaba to ‘aggressively’ invest in AI over next three years
Chinese internet giant Alibaba is seeing rapid revenue growth thanks to a surge in AI spending by Chinese companies. The…
China has realized that it cannot win the technological competition with the US without private companies – private tech business is being rehabilitated
Last Monday, February 17, Chinese President Xi Jinping personally attended a meeting of the country's top entrepreneurs, which was attended…
It takes twice as long and money to build a chip factory in the US than in Taiwan, analysts find
Building modern chip factories requires billions of dollars in capital expenditure. On average, a large factory requires 30-40 million man-hours,…
AMD has the ability to control Intel’s fate
Intel is going through tough times, and there is increasing talk of a possible takeover of the iconic company. This…
AI-powered global semiconductor production to show robust growth in Q4 2024
Industry organization SEMI has released a report from analyst agencies Semiconductor Manufacturing Monitor and TechInsights on the development of the…
Baidu reports revenue decline as competition in China’s AI intensifies
Chinese internet giant Baidu Inc. reported a smaller-than-expected decline in quarterly revenue, easing investor concerns that it might be unable…