Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Applied Materials Gains Long-Term Chip Demand Visibility Through 2030
Applied Materials CEO Gary Dickerson told Nikkei Asia that chipmakers are providing longer-range equipment demand plans, extending past 2027
Amazon's Recommended USB Drives Found to Have Fake Storage Capacity, Nikkei Reports
Nikkei Asia reports that nearly 40% of Amazon's recommended USB drive listings in the US had reviews claiming fake capacity. Tests on five c
SK Hynix's $28 Billion US ADR Sale Sees Seven Times Oversubscription
SK Hynix's $28 billion US ADR sale attracted over seven times the demand, highlighting global investor appetite for AI chip supply chain exp
Computacenter Nearly Doubles Profit as AI Data Center Demand Surges
Computacenter expects full-year results to beat market forecasts as demand for AI-ready data center gear boosts profits. First-half adjusted
Chinese Tech Firms Raise $17.5 Billion in Hong Kong Listings and Share Sales This Year
Chinese tech firms, including AI model developers and chipmakers, have raised HK$136.23 billion in Hong Kong this year through listings and
Thailand Approves $2B in High-Tech Projects to Boost AI and Green Energy
Thailand's Board of Investment has greenlit nine projects totaling $2 billion, spanning AI data centers, advanced electronics, and wind powe
China May Let Alibaba, DeepSeek, ByteDance Buy Nvidia H200 Chips With Conditions
China may let Alibaba, DeepSeek, and ByteDance buy limited Nvidia H200 AI chips, but only if they detail quantities and uses. The permit-lik
Xiaomi Unveils Sky Nomad EREV SUV as It Prepares European EV Launch
Xiaomi has launched the Sky Nomad, an extended-range electric SUV aimed at families, as it prepares to enter the European market next year.
KKR-Backed SmartHR Halts IPO After Investors Reject $1 Billion Valuation
Japanese HR software firm SmartHR has paused its IPO plans until at least next year after investors balked at its roughly $1 billion valuati
China's Top Memory Chipmaker CXMT Files for $4.34 Billion Shanghai IPO
Changxin Memory Technologies (CXMT), China's leading memory chipmaker, is set to raise 29.5 billion yuan ($4.34 billion) in a Shanghai IPO.
AI Chip Startup Positron Eyes $5 Billion Valuation in Two-Stage Funding Round
Positron is raising $750 million in a two-stage funding round that could lift its valuation from $3.5 billion to $5 billion. The deal highli
Zhipu AI Raises $4 Billion in Hong Kong Share Sale at 13% Discount
Zhipu AI raised about HK$31.41 billion in a rapid Hong Kong share sale, but priced new shares 13% below the prior close. The discount reflec