Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Samsung and SK Group to Unveil $1.4 Trillion Semiconductor Investment Plan
Samsung Group and SK Group are set to reveal a massive 10-year, 2,000 trillion-won semiconductor investment plan on Monday. The move aligns
South Korean Chip Stocks Slide as US AI Volatility Spills Over
South Korean chip giants Samsung and SK Hynix dropped Monday after a sharp decline in US semiconductor stocks reignited AI volatility. The s
Reconova Technologies Launches HK$608.4 Million Hong Kong IPO to Fund AI R&D and Production Base
Reconova Technologies has launched a Hong Kong IPO to raise about HK$608.4 million, with proceeds earmarked for AI research, product develop
BASiC Semiconductor Launches Hong Kong IPO, Eyes Up to HK$866 Million
BASiC Semiconductor has kicked off its Hong Kong IPO, aiming to raise up to HK$866 million. The chipmaker will price shares by July 6 and st
South Korea Unveils $650 Billion AI and Chip Plan to Decentralize Economy Beyond Seoul
South Korea's president is set to unveil three mega-projects worth over $650 billion, focusing on AI, data centers, robotics, and a new semi
Momenta's Hong Kong IPO: A $756 Million Bet on Robotaxi Commercialization
Momenta is seeking up to HK$5.89 billion in a Hong Kong IPO to fund its shift from driver-assistance software to robotaxi operations. The co
Volkswagen May Scrap €1.5 Billion Bosch Self-Driving Deal After Tech Falls Short
Volkswagen may walk away from its 2022 self-driving partnership with Bosch after spending about €1.5 billion. The tech reportedly fell short
Baidu's AI Chip Arm Kunlunxin Targets $50 Billion Hong Kong IPO With Unusual Sales Tie-In
Kunlunxin, Baidu's AI chip unit, is planning a Hong Kong IPO with a $50 billion valuation target. The offering ties share allocations to chi
Firmus and Nvidia Partner to Deploy 170,000 GPUs in Indonesia for Startup AI Access
Firmus Technologies is partnering with Nvidia to deploy 170,000 GPUs in Batam, Indonesia from early 2027 to early 2028. The deal aims to off
Google Caps Meta's Gemini AI Access as Cloud Compute Shortage Bites
Google reportedly capped Meta's usage of its Gemini AI after Meta's demand exceeded Google Cloud's compute capacity, slowing some of Meta's
NHTSA Closes Tesla Steering Probe After Software Recall Fixes 376,000 Cars
The National Highway Traffic Safety Administration closed its investigation into Tesla steering issues after the company recalled roughly 37
Meta Eyes Prediction Market App Arena to Lure 100 Million Users with Points, Not Cash
Meta is developing Arena, a prediction market app using points instead of cash, targeting 100 million monthly users aged 18-34. The move cou