Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Asia Markets Mixed as Nvidia's Next-Gen AI System Faces Over-Year Delay
Asian markets showed mixed results after reports emerged that Nvidia could delay its next-generation AI server rack system by more than a ye
Unimicron Raises $1.4 Billion in Global Share Sale to Fund Raw Material Purchases
Unimicron Technology is offering 50 million global depositary shares at a 3%-5.8% discount to raise about $1.4 billion. The funds will be us
L'Oréal and Mondelez Use AI to Slash Product Development Time from Months to Weeks
L'Oréal and Mondelez are deploying AI in product research and development, with executives telling Reuters the technology cuts the journey f
Tokyo Artisan Intelligence Targets 2027 Mass Production for Edge AI Chips
Tokyo Artisan Intelligence is moving its edge AI processor toward production, with sample chips due in 2025 and mass production by 2027. The
SK Telecom Plans Massive AI Data Center Buildout in South Korea
SK Telecom is entering the AI data center race with a plan to build up to 5 gigawatts of capacity by 2029. The carrier will start with a 100
SK Hynix Targets $28 Billion Nasdaq ADR Listing to Fund AI Chip Expansion
SK Hynix, a leading AI memory-chip maker, plans to list ADRs on Nasdaq in a deal that could raise about $28 billion. The funds will support
South Korea's President Orders Fast-Track Permits for $576 Billion Chip and AI Projects
South Korea's President Lee Jae Myung has ordered officials to fast-track permits, land purchases, and utility planning for over $576 billio
SK Hynix Targets $28 Billion Nasdaq Listing with ADR Sale
SK Hynix is launching a Nasdaq listing via American depositary receipts, aiming to raise fresh capital as AI demand keeps memory chips in th
Foxconn's AI Server Sales Drive 39.8% Revenue Surge in Q2, Beating Estimates
Foxconn's April–June revenue rose 39.8% to T$2.513 trillion, beating analyst estimates, as AI server demand remained robust. The company war
Bridgepoint Leads €200M Round in HR AI Firm Skello for European Push
Bridgepoint is leading a €200 million investment in Skello, a French HR software startup that uses AI. The deal makes Bridgepoint the lead m
Uber Scales Back European Eats Expansion, Focuses on Profitable Markets
Uber has paused most of its Uber Eats expansion in Europe, canceling five of seven planned launches. The move comes despite earlier forecast
SK Hynix Sets Nasdaq IPO Timeline, Bank Fees at 0.5%
SK Hynix, a major AI chip supplier, has set a rapid schedule for its Nasdaq listing. ADR orders begin July 6, pricing follows July 9, and ba