Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Biren Technology Targets Up to $838M in Hong Kong Share Sale for AI Chip R&D
Shanghai Biren Technology is raising up to $838 million by selling 136 million new shares in Hong Kong at a 5.8%-9.9% discount. Proceeds wil
BofA: Nokia AI Orders Likely to Hold Steady at €1 Billion in Q2
Bank of America expects Nokia to report AI and cloud orders of at least €1 billion when it releases Q2 results on July 23. This would match
Infineon Can Grow Revenue Without New Clean Rooms, Berenberg Says
Berenberg lifted its price target on Infineon to €100, arguing the chipmaker can grow revenue to €30 billion using existing capacity. Spare
India's IT Hiring Splits: AI Jobs Jump 16% as Overall Roles Dip 3%
India's IT job market is diverging: AI roles surged 16% year-on-year in June, but overall IT postings slipped 3%. The shift reflects cautiou
Blackstone, CVC, MUFG Eye Up to 50% Stake in Vietnam Fintech MoMo
Blackstone, CVC Capital Partners, and MUFG are among the bidders eyeing a stake of up to 50% in Vietnam's fintech MoMo. Binding bids are due
Taiwan Approves $20 Billion More for TSMC's Arizona Chip Plants, Total Hits $44 Billion
Taiwan's Ministry of Economic Affairs has approved an additional $20 billion for TSMC's Arizona operations, funding a new 12-inch wafer fab
Kuaishou's Kling AI Unit Attracts Up to $2.8B from Tencent, Alibaba Backers
Kuaishou's AI unit, Beijing Kling, is set to receive up to 20.5 billion yuan from Tencent-linked backers and Alibaba's AliCloud. The deal co
Samsung, SK Hynix, Celltrion Pledge $254B to Build South Korea Tech Hub
Samsung Electronics, SK Hynix, and Celltrion have pledged 392 trillion won ($254 billion) to develop South Korea's Chungcheong region into a
Archer Materials Raises AU$7 Million to Fund Quantum Computing Deal with IonQ
Archer Materials is raising AU$7 million at AU$0.27 per share to fund its quantum computing deal with IonQ. The ASX-listed firm also invites
Kioxia Rides AI Shift to Inference as Demand for High-Capacity NAND Surges
Kioxia is back in the spotlight as AI shifts from training to inference, driving demand for high-capacity NAND flash storage. The company is
Crusoe in Talks to Raise $3 Billion for AI Data Centers, Valuation Could Hit $30 Billion
Crusoe, a startup building AI data centers, is reportedly in talks to raise $3 billion, potentially valuing it at $30 billion. The company a
Amazon's Project Kuiper Hits 394 Satellites, Targets Initial Service by Year-End
Amazon's satellite internet network, Project Kuiper, now has 394 satellites in orbit after a recent Atlas V launch. The company says it has