Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Apple's Chip Cost Warning Triggers Global Stock Slide, Tech Rally at Risk
Apple's warning that it can no longer absorb rising memory and storage chip costs sent global stocks lower. The news spooked investors alrea
Onsemi's $7 Billion Synaptics Deal Bets Big on Edge AI and Physical AI
Onsemi agreed to buy Synaptics for roughly $7 billion in stock, aiming to combine chips for edge AI and physical AI in cars and factories. O
Cargo Drone Startup Elroy Air to Go Public via SPAC Merger Valued at $1 Billion
Elroy Air is merging with a SPAC in a deal valued at roughly $1 billion, with at least $165 million in committed funding. The autonomous dro
EU Targets AWS and Azure as Gatekeepers, Threatening Cloud Giants' Lock-In Tactics
EU regulators have flagged Amazon Web Services and Microsoft Azure as potential gatekeepers under the Digital Markets Act, citing high switc
China's Onshore Tech IPO Pipeline Revives with 126 Billion Yuan in Filings
China's onshore tech IPO market is heating up as chip and AI firms file to raise at least 126.1 billion yuan. Regulators are easing the path
Apple's Price Hikes on iPads and MacBooks Rattle Asian Tech Stocks
Asian stocks slipped as Apple raised iPad and MacBook prices to cover higher memory and storage chip costs, wiping $250 billion from its mar
Airwallex Raises $320M at $11B Valuation to Build AI Tools for Business Payments
Airwallex has raised $320 million at an $11 billion valuation, a nearly 38% increase from its last round. The payments firm plans to use the
Samsung Mulls $648 Billion Investment Plan for South Korea Chip Plants
Samsung Group could spend up to 1,000 trillion won ($648 billion) over 10 years in South Korea, including 300 trillion won for new chip fact
Sonos Cuts 3% of Staff in UX and Design to Speed Up Product Development
Sonos cut roughly 3% of its workforce, mainly in user experience, product, and design. CEO Tom Conrad says the move is about speeding up pro
Chip Stocks Surge as Micron, Qualcomm Rally; Apple Drags on Nasdaq
Chip stocks powered the Dow higher on Thursday, with Micron surging 10% and Qualcomm rising 4%. But Apple tumbled 5.3%, dragging the Nasdaq
Micron's $22 Billion Take-or-Pay Deals Aim to Smooth Memory Chip Cycles
Micron has secured $22 billion in five-year take-or-pay contracts from customers like Nvidia, aiming to reduce the boom-bust nature of the m
Microsoft Hikes Xbox Prices Up to $150 as Memory Chip Costs Surge
Microsoft will lift Xbox console prices by up to $150 from August 1, blaming a surge in memory and storage chip costs. The price hike mirror