Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
TCS Expands ABB Deal to Run Global Network Operations in Multi-Year Contract
Tata Consultancy Services has expanded its partnership with ABB to manage the industrial firm's global network operations. The multi-year de
TSMC's Record Quarter Shows AI Demand Is Still Driving Growth
Taiwan Semiconductor Manufacturing Co posted record second-quarter revenue of T$1.27 trillion, up 36% from a year earlier, slightly topping
Keppel Sells Last Bifrost Cable Fiber Pair to Hyperscaler, Hits $1.3B
Keppel has sold the last available fiber pair on its Bifrost subsea cable to a global hyperscaler. The deal brings the project's total contr
TCS Restructures US Operations and Launches New Business Units Amid AI Shift
Tata Consultancy Services is reorganizing its leadership and creating five new business groups, including a US West Coast unit and an expand
TSMC Plans Three More Advanced Chip Packaging Plants in Taiwan
TSMC is doubling down on advanced chip packaging in Taiwan, planning three more facilities at Chiayi Science Park. The move builds on two si
SK Hynix Shares Drop 8% in Seoul as Profit-Taking Follows Nasdaq Debut
SK Hynix shares dropped as much as 8.2% in Seoul on Monday, days after its blockbuster Nasdaq debut. Investors took profits and questioned w
SK Hynix's $26.5B Nasdaq Debut Splits Markets, Tests Investor Sentiment
SK Hynix's $26.5 billion ADR sale closed nearly 13% higher on Nasdaq, but shares opened about 2% lower in South Korea. The divergence reflec
Meta's Iris Chip Production Set for September as AI Computing Capacity Doubles
Meta will start making its Iris AI chip in September, aiming to double computing capacity to 14 GW. The in-house chip complements Nvidia and
Meta Pulls Instagram AI Image Tool After Privacy Backlash Over Default Opt-In
Meta pulled its Muse Image AI tool just days after launch following backlash over an automatic opt-in that let public Instagram photos power
Apple Sues OpenAI Over Alleged Theft of Hardware Trade Secrets by Ex-Employees
Apple has filed a lawsuit against OpenAI, alleging two ex-employees stole hardware trade secrets to accelerate OpenAI's consumer device effo
Meta Shares Jump 5.3% on Plan to Lease Spare AI Computing Capacity
Meta shares jumped 5.3% after a report that CEO Mark Zuckerberg is considering leasing spare AI computing capacity. Meanwhile, the SPDR S&P
SK Hynix CEO Warns AI Memory Shortage Could Peak in 2027
SK Hynix CEO Kwak Noh-jung says AI demand for high-bandwidth memory is growing faster than supply, with the shortage peaking in 2027. The ch