Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
UBS Sees Amkor's AI Packaging Business Growing to 19% of Sales by 2027
UBS upgraded Amkor Technology to buy, predicting advanced packaging will grow from 9% to 19% of sales by 2027. The shift is driven by AI dat
Volkswagen in Talks to Hand Control of Spain Battery Plant to China's Gotion
Volkswagen is reportedly in advanced talks to give China's Gotion High-Tech majority control of its planned battery gigafactory in Valencia,
Peacock to Bundle with YouTube Premium in Major NBCUniversal Deal
NBCUniversal will bundle Peacock with YouTube Premium starting in early 2027, bringing Peacock originals and live sports like NFL and NBA ga
Nvidia and SK Group sign $500 billion deal for AI factories in South Korea
Nvidia and South Korea's SK Group have signed letters of intent for a $500 billion AI factory plan. The first site, based in South Korea, is
China begins domestic production of immersion DUV lithography tools, challenging ASML's dominance
China has begun domestic production of immersion DUV lithography machines, with early deliveries to SMIC and other chipmakers expected this
OpenAI plans to triple Dublin staff to 350 in European AI hub expansion
OpenAI, the maker of ChatGPT, plans to more than triple its Dublin workforce to 350 employees and lease 88,000 square feet in the city's Sil
Samsung may use cheaper Chinese DRAM chips in China phones to cut costs
Samsung Electronics may use cheaper Chinese mobile DRAM chips in some smartphones sold in China, according to Asia Time. The move could lowe
Berenberg Cuts SAP Price Target Despite Strong Cloud Backlog in Q2
Berenberg trimmed its price target for SAP to €205 from €215, even as the software giant's Q2 cloud backlog came in stronger than expected.
Hitachi aims for fully AI-run software development by 2028
Hitachi is betting on agentic AI to automate every step of building enterprise software. The company aims to reach 100% AI-driven developmen
European space startup The Exploration Company targets $2 billion valuation in new funding round
The Exploration Company, a European space startup, is reportedly in discussions to raise at least $300 million in a funding round that could
Big Tech earnings week: AI spending under the microscope
Four of the five Big Tech companies report earnings this week, representing about 17% of the S&P 500. The key question: is their huge spendi
DeepSeek pauses $74 billion fundraise, eyes Shanghai IPO
DeepSeek has paused talks for a 500 billion yuan ($74 billion) fundraise, according to Bloomberg. The Chinese AI startup is now weighing an