Financial news and analytics

A class action lawsuit is being prepared against Intel due to unstable operation of Raptor Lake processors

The American law firm Abington Cole + Ellery, specializing in class action and intellectual property cases, has begun an investigation…

4 months ago

MediaTek will begin production of Dimensity 9400 chips in October – they will be able to work with most AI models

At a conference held on July 31, MediaTek announced the imminent availability of its latest flagship AI accelerator chips, the…

4 months ago

Meta continues to lose money on virtual reality: Reality Labs quarterly loss – $4.48 billion

Meta✴'s ambitious plans to develop the metaverse continue to cost the company billions of dollars. Meta✴'s Reality Labs augmented and…

4 months ago

ASML dodged tightening US sanctions against China – shares rose 7%

Netherlands-based ASML, which makes chip manufacturing equipment, could be exempt from new restrictions on exporting its products to China, Reuters…

4 months ago

Microsoft’s gaming revenue jumped thanks to Activision Blizzard, Surface sales fell, and 45% of revenue now comes from the cloud

Microsoft published a report on the results of the fourth quarter of the 2024 fiscal year, which ended on June…

4 months ago

MediaTek and Huawei sue each other over patent infringement

It was recently reported that Huawei filed a patent infringement lawsuit against MediaTek in a Chinese court. In response, MediaTek…

4 months ago

Huawei sues MediaTek for patent infringement

Huawei has sued Taiwanese chip designer and the world's largest manufacturer of single-chip smartphone platforms MediaTek, accusing it of patent…

4 months ago

Shares of Asian chip makers fell amid news from the US about strengthening sanctions

Asian markets reacted with a sharp fall to reports of a possible tightening of export restrictions by the United States.…

4 months ago

Thousands of drones will transport visitors to the World Expo in Riyadh

Australian startup FlyNow has announced it will set up an office and assembly facility in Saudi Arabia to produce “thousands”…

4 months ago