Category: Financial news and analytics

The administration of current US President Joe Biden has accelerated negotiations with electronics manufacturers including Intel and Samsung as it seeks to cement one of its signature initiatives before President-elect…

Sony published its next quarterly financial report, and also adjusted its revenue and sales forecast for the entire financial year. In the reporting period, the volume of operating profit received…

The largest Chinese contract chip manufacturer Semiconductor Manufacturing International Corp (SMIC) reported an increase in net profit in the third quarter by 58.3%. The semiconductor industry has shown signs of…

Capital expenditures of Amazon, Microsoft, Meta✴ and Alphabet will amount to more than $200 billion by the end of 2024, Bloomberg estimates. Executives at major companies this week warned investors…

In its third-quarter 2024 report, Apple reported 12 percent year-over-year revenue growth from its services business to $25 billion, equivalent to $100 billion annually. This figure is a historical maximum…

Residents of Iran will soon be able to officially purchase the latest iPhone models. Until now, under the 2023 ban, any iPhone from series 14 onwards would stop working on…

Employees at Intel’s Israeli offices recently discovered a lack of familiar amenities: once well-stocked kitchenettes offering free coffee, tea and fruit were empty. Intel previously canceled company cars and cut…

Huawei’s revenue has shown growth for the seventh quarter in a row – the company’s smartphones continue to be in high demand in China. In the home market, the manufacturer…

Despite its success in developing AR and VR wearables, Meta✴ continues to face heavy losses for its Reality Labs division. At the end of the third quarter, Reality Labs recorded…

In 2005, the then head of Intel, Paul Otellini, approached the company’s board of directors with an unexpected proposal – to absorb Nvidia for $20 billion. The New York Times…