Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
South Korea's President Orders Fast-Track Permits for $576 Billion Chip and AI Projects
South Korea's President Lee Jae Myung has ordered officials to fast-track permits, land purchases, and utility planning for over $576 billio
SK Hynix Targets $28 Billion Nasdaq Listing with ADR Sale
SK Hynix is launching a Nasdaq listing via American depositary receipts, aiming to raise fresh capital as AI demand keeps memory chips in th
Foxconn's AI Server Sales Drive 39.8% Revenue Surge in Q2, Beating Estimates
Foxconn's April–June revenue rose 39.8% to T$2.513 trillion, beating analyst estimates, as AI server demand remained robust. The company war
Bridgepoint Leads €200M Round in HR AI Firm Skello for European Push
Bridgepoint is leading a €200 million investment in Skello, a French HR software startup that uses AI. The deal makes Bridgepoint the lead m
Uber Scales Back European Eats Expansion, Focuses on Profitable Markets
Uber has paused most of its Uber Eats expansion in Europe, canceling five of seven planned launches. The move comes despite earlier forecast
SK Hynix Sets Nasdaq IPO Timeline, Bank Fees at 0.5%
SK Hynix, a major AI chip supplier, has set a rapid schedule for its Nasdaq listing. ADR orders begin July 6, pricing follows July 9, and ba
Biren Technology Targets Up to $838M in Hong Kong Share Sale for AI Chip R&D
Shanghai Biren Technology is raising up to $838 million by selling 136 million new shares in Hong Kong at a 5.8%-9.9% discount. Proceeds wil
BofA: Nokia AI Orders Likely to Hold Steady at €1 Billion in Q2
Bank of America expects Nokia to report AI and cloud orders of at least €1 billion when it releases Q2 results on July 23. This would match
Infineon Can Grow Revenue Without New Clean Rooms, Berenberg Says
Berenberg lifted its price target on Infineon to €100, arguing the chipmaker can grow revenue to €30 billion using existing capacity. Spare
India's IT Hiring Splits: AI Jobs Jump 16% as Overall Roles Dip 3%
India's IT job market is diverging: AI roles surged 16% year-on-year in June, but overall IT postings slipped 3%. The shift reflects cautiou
Blackstone, CVC, MUFG Eye Up to 50% Stake in Vietnam Fintech MoMo
Blackstone, CVC Capital Partners, and MUFG are among the bidders eyeing a stake of up to 50% in Vietnam's fintech MoMo. Binding bids are due
Taiwan Approves $20 Billion More for TSMC's Arizona Chip Plants, Total Hits $44 Billion
Taiwan's Ministry of Economic Affairs has approved an additional $20 billion for TSMC's Arizona operations, funding a new 12-inch wafer fab