Financial news and analytics

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…

2 months ago

SSDs to rise in price in second half of year due to NAND production cuts and AI hype

The NAND flash memory market is currently suffering from oversupply, leading to price declines and financial difficulties for suppliers. However,…

2 months ago

China Stock Market Raises $1.3 Trillion on AI Startup DeepSeek’s Success

Last month, Chinese company DeepSeek released a powerful neural network that quickly gained popularity around the world. The success of…

2 months ago

Intel shares showed a sharp increase, but still far from saving the company

The US presidential administration Donald Trump gave investors an occasion to optimism in relation to Intel - only this week…

2 months ago

Chinese chipmakers to cut equipment spending this year

According to experts from Canadian TechInsights, who regularly take part in “exposing” the progress of Huawei suppliers in the field…

2 months ago

GlobalFoundries posted a loss in the last quarter, with revenue down slightly

American company GlobalFoundries, although one of the five largest contract chip manufacturers in the world, has stalled in its technological…

2 months ago

AI PCs have begun to influence the global processor market, which has shown growth for the second quarter in a row

The global processor market grew for the second quarter in a row, according to the latest report from analytical agency…

2 months ago

Sanctioned SMIC’s quarterly profit plunges 38.4% despite revenue growth

China's SMIC is the flagship of the country's semiconductor industry, so much of Western policymaking has focused on curbing its…

2 months ago

Xiaomi and Huawei stronger than all increased tablet sales in 2024, but they are still far from Apple

The world supply of tablets in 2024 increased by 9 %, reaching 147.6 million units. According to the analytical company…

2 months ago

Tokyo Electron will increase the production of machines for the production of chips, because AI-boom will fasten demand

The season of quarterly reports is in full swing, but representatives of the semiconductor industry send investors the most conflicting…

2 months ago