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6 May 202430 Apr 202411 Apr 2024
China passed a law on Friday strengthening its trade defence capabilities as the United States and the European Union take aim at Beijing over excess industrial capacity.
Reuters
The next generation of Arm's Ethos micro-NPU, Ethos-U85, is designed to support transformer operations, bringing generative AI models to IoT devices.
EE Times
The company said that demand for its smartphones dropped by more than 10% in the first three months of this year, while overall sales fell in every geographic region except for Europe.
BBC News
Three months ago, some investors thought the company might be able to drive perhaps $10 billion in full-year revenue for its MI300 AI accelerator line, but management ended up giving a target of more than $3.5 billion. Bernstein analyst Stacy Rasgon wrote last week that "until recently," expectations seemed to be creeping back up near $6 billion, but now investors are worried about possible customer order pushouts.
MarketWatch
Unionized workers of Samsung Electronics have voted in favor of a strike after failing to reach a deal on wage hikes with management, according to industry sources. Wage negotiations between management and labor broke down in February after rounds of talks over this year's wage increase.
The Korea Times
Consumer prices in the US rose faster than expected last month, in a sign that the fight to slow inflation has stalled.
BBC News
The US has added four Chinese companies to an export blacklist for buying US-origin goods to support China's military modernization efforts, the Department of Commerce said in a statement published Thursday.
Bloomberg
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