IT market
The first AI chip developed by a local company was announced in India
Ola Electric, one of the largest electric two-wheeler manufacturers in India, has announced the launch of its own AI chips.…
Intel’s credit rating downgraded to BBB+ by S&P
Just a week after Intel published its disastrous quarterly report, its Moody's credit rating was downgraded one notch to BAA1,…
Corsair massively lays off staff amid falling demand for PC components
Corsair, a well-known manufacturer of gaming peripherals and PC components, announced a massive staff reduction amid declining revenue and millions…
SK hynix raised prices for DDR5 memory by 15-20%
The leading manufacturer of advanced versions of HBM memory remains SK hynix, which at the same time is inferior to…
Nvidia’s capitalization grew by $420 billion in four days – investors forgot about the “AI bubble”
At the end of the last working week, a reversal trend began to form in the dynamics of Nvidia stock…
Google Pixel 9 uses AI to help you create perfect photos
As part of its unveiling of new devices on August 13, Google introduced the Pixel 9 series with AI built…
Intel could have taken over part of OpenAI in 2017, but missed the chance
In 2017, Intel had the opportunity to acquire a stake in OpenAI, but did not take advantage of this chance.…
Intel shares plummet 28% after dismal financial report
Analysts did not initially expect any pleasant surprises from Intel’s quarterly report, but the company’s own forecasts for revenue and…
Apple’s revenue grew by 5% and exceeded market expectations
In Apple's calendar, the third fiscal quarter ended at the end of June; the company published a report on the…
Samsung management admitted that the company will fall into a “vicious circle” if its employees do not argue
The head of Samsung Electronics' semiconductor unit, Jun Young Hyun, warned that South Korea's largest company risks falling into a…