Shares of China’s second largest chip foundry Hua Hong jump 13% in Shanghai debut
In a highly anticipated market debut on Monday, Hua Hong, the second-largest chip foundry in China, made its presence known…
Gen Digital beats first-quarter revenue estimates on uptick in demand
On August 3rd, 2023, Gen Digital (GEN.O), a leading cybersecurity firm, reported impressive financial results for the first quarter, surpassing…
Massachusetts regulators launch probe into AI in securities industry
On August 3, 2023, it was reported that Massachusetts securities regulators had taken a significant step in addressing concerns about…
X social media looking to build a trading hub inside app, Semafor reports
On August 3rd, 2023, reports emerged that X, the social media platform formerly known as Twitter, is reportedly looking to…
Superconductor claims spark investor frenzy, but scientists are skeptical
On Aug 3, 2023, a revelation by South Korean scientists sent shockwaves through the scientific community and ignited a social…
What are semiconductors and how are they used?
In the rapidly evolving landscape of modern manufacturing and technology, few components hold as much importance as semiconductors, also known…
Pinterest sees stronger margins as ad rebound boosts quarterly results
On August 1st, 2023, Pinterest, the popular image-sharing platform, announced its impressive second-quarter results, surpassing Wall Street expectations. The company’s…
Foxconn to invest $600 million in India’s Karnataka to make iPhone components, chip equipment
BENGALURU, Aug 2 (Reuters) – In a move signaling a strategic shift away from China, Foxconn (2317.TW), the world’s largest…
AMD considers making a specific A.I. chip for China to comply with export controls
In recent developments, AMD, one of the prominent semiconductor giants, has expressed its intention to create a specialized artificial intelligence…
Google reshuffles Assistant unit, lays off some staffers, to ‘supercharge’ products with A.I.
Google is embarking on a significant reorganization of its Assistant unit to enhance its smart assistant’s capabilities using generative artificial…