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Tuesday 5 August 2025
EU delays retaliatory tariffs on US imports for six months after reaching trade deal
The European Union and the US reached a provisional trade agreement just before the new round of tariffs took effect on August 1, 2025, according to sources familiar with the matter...
Monday 4 August 2025
Nintendo bumps Switch prices as successor pricing looms
Nintendo announced that it would raise the price of the first-generation Switch console in the US beginning August 3, 2025, citing 'market conditions' as the reason in a statement...
Thursday 31 July 2025
Microsoft tops 4QFY25 expectations with strong Azure growth and cloud momentum
Microsoft reported robust fiscal fourth-quarter results, driven by a surge in Azure sales and cloud momentum. Better-than-expected margins and disciplined capital investment supported...
Thursday 31 July 2025
Arm posts solid 1QFY25 results, but rising R&D costs cloud earnings outlook
Arm reported strong fiscal first-quarter results with high margins and steady revenue growth. However, a jump in operating expenses and a cautious outlook on handsets and industrial...
Monday 28 July 2025
Analysis: Tesla's US$16.5b chip deal gives Samsung major lift in 2nm race against TSMC
Tesla has signed a 7.5-year, US$16.5 billion contract with Samsung to produce its next-generation A16 chip using Samsung's 2nm process at its Texas facility. The deal represents a...
Friday 25 July 2025
Intel to cut 21,000 jobs, pause Europe fab projects under restructuring drive
Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a sweeping cost-reduction and restructuring effort, according...
Wednesday 23 July 2025
Oracle to supply OpenAI with 2 million AI chips for data centers
OpenAI and Oracle Corp. announced they will develop 4.5 gigawatts of additional US data center capacity in an expanded partnership, furthering a massive plan to power artificial intelligence...
Wednesday 23 July 2025
Dixon revenue soars on EMS, mobile strength as India gains manufacturing tailwind
On July 22, Dixon Technologies reported strong financial results for the first quarter of fiscal year 2025, driven largely by its fast-growing Mobile and Electronics Manufacturing...
Wednesday 23 July 2025
TI posts solid 2Q25 results, cautious outlook tempers optimism
On July 22, Texas Instruments (TI) reported a strong set of second-quarter results, buoyed by a rebound in analog chip demand and signs of stabilization in its industrial business...
Thursday 3 July 2025
Microsoft cuts 9,000 workers in second wave of major layoffs
Microsoft Corp. began job cuts that will impact about 9,000 workers, its second major wave of layoffs this year as it seeks to control costs while ramping up on artificial intelligence...
Tuesday 1 July 2025
Zuckerberg announces Meta 'Superintelligence' effort, more hires
Meta Platforms Inc. CEO Mark Zuckerberg announced a major restructuring of the company's artificial intelligence (AI) group, including a commitment to developing AI "superintelligence,"...
Tuesday 24 June 2025
Tesla robotaxi incidents draw scrutiny from US safety agency
US auto safety regulators are looking into incidents where Tesla's self-driving robotaxis appeared to violate traffic laws during the company's first day offering paid rides in Aus...
Tuesday 24 June 2025
Supermicro seeks US$2 billion convertible bond as deals ramp up
Supermicro Computer Inc. is raising US$2 billion from the sale of convertible bonds, extending a dramatic run of companies tapping the resurgent market to secure cheap capital.
Thursday 19 June 2025
OpenAI confirmed ending collaboration with Scale AI, seeking new data suppliers
OpenAI has phased out its partnership with Scale AI as part of a long-term strategy to find data suppliers more aligned with its model needs, independent of Meta Platforms' recent...
Friday 13 June 2025
Samsung and Nvidia invest in Skild AI to strengthen robotics ambitions
Samsung Electronics and Nvidia have taken minority equity stakes in US-based robotics software startup Skild AI in a move seen as a strategic push into the rapidly growing consumer...