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Early chip earnings reporters showing how high the bar really is
Wall Street will have to buckle up this earnings season, based on the early reports tied to the artificial intelligence trade. Taiwan Semiconductor , the largest chip manufacturer in the world, reported a monster second quarter, with earnings soa…
India’s old computing wars offer a roadmap for future chips
In his new book Computing in the Age of Decolonization, MIT-based historian Dwaipayan Banerjee uncovers the overlooked history of India’s computing industry from the 1950s to the 1980s, and analyses why the efforts to build self-reliance failed.……
World markets, Wall Street mostly decline on latest tech stock selling
By STAN CHOE, AP Business Writer
NEW YORK (AP) — Computer chipmakers and other winners of the artificial-intelligence boom are swinging lower again on Thursday and dragging stock markets down worldwide. …
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First Tick: Top global cues to watch in today’s trade
At close, the Sensex rose 130.49 points, or 0.17 percent, to 77,185.43, while the Nifty gained 26.45 points, or 0.11 percent, to 24,078.50.
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Global Market Today: Asian equities drop led by Kospi, oil extends gain
Asian stocks declined as fresh selling in semiconductor stocks renewed concerns over the sustainability of the artificial intelligence trade. Crude oil climbed.
MSCI’s Asia Pacific equities gauge dropped 1.1%, with South Korea leading with a 4.5% decl…
China’s Semiconductor Raw Material Prices Surge Amid AI Chip Demand and Supply Chain Challenges
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Chinese Tech Firm Jingce Electronic to Fully Acquire Semiconductor Subsidiary in Major Reorganization
Chinese technology testing equipment manufacturer Wuhan Jingce Electronic Group Co., Ltd. announced Wednesday a major asset reorganization to acquire the remaining 41.17 percent stake in its subsidiary, Shanghai Jingce Semiconductor Technology Co.,…
Chinese Memory Chip Leader CXMT to Launch $85 Billion IPO
China’s largest memory chip manufacturer, ChangXin Memory Technologies (CXMT), is set to go public in what will be the country’s biggest chip listing to date. The Shanghai IPO is priced at 8.66 yuan ($1.28) per share, with the offering expe…
China’s Growing Importance in ASML’s Semiconductor Business
ASML’s second-quarter revenue revealed that China accounted for approximately 20% of the company’s total net sales, highlighting the nation’s continued significance in the semiconductor supply chain. While export controls have restric…
Investors Eye Massive Valuation Jump in CXMT’s $8.6 Billion IPO in China
Investors in China are eagerly preparing bids for chip giant CXMT’s $8.6 billion IPO, anticipating a significant surge in valuation post its Shanghai debut. CXMT, the world’s fourth-largest DRAM maker behind SK Hynix, Samsung Electronics, a…