Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a sweeping cost-reduction and restructuring effort, according...
OpenAI and Oracle Corp. announced they will develop 4.5 gigawatts of additional US data center capacity in an expanded partnership, furthering a massive plan to power artificial intelligence...
On July 22, Dixon Technologies reported strong financial results for the first quarter of fiscal year 2025, driven largely by its fast-growing Mobile and Electronics Manufacturing...
On July 22, Texas Instruments (TI) reported a strong set of second-quarter results, buoyed by a rebound in analog chip demand and signs of stabilization in its industrial business...
Microsoft Corp. began job cuts that will impact about 9,000 workers, its second major wave of layoffs this year as it seeks to control costs while ramping up on artificial intelligence...
Meta Platforms Inc. CEO Mark Zuckerberg announced a major restructuring of the company's artificial intelligence (AI) group, including a commitment to developing AI "superintelligence,"...
US auto safety regulators are looking into incidents where Tesla's self-driving robotaxis appeared to violate traffic laws during the company's first day offering paid rides in Aus...
Supermicro Computer Inc. is raising US$2 billion from the sale of convertible bonds, extending a dramatic run of companies tapping the resurgent market to secure cheap capital.
OpenAI has phased out its partnership with Scale AI as part of a long-term strategy to find data suppliers more aligned with its model needs, independent of Meta Platforms' recent...
Samsung Electronics and Nvidia have taken minority equity stakes in US-based robotics software startup Skild AI in a move seen as a strategic push into the rapidly growing consumer...
Meta Platforms Inc. has poached top engineers from multiple tech firms, including Alphabet Inc.'s Google, for a new team focused on achieving a more advanced form of AI called artificial...
Nintendo's newly launched gaming console, the Switch 2, has sold more than 3.5 million units globally within just four days of its release on June 5, the company announced on June...
Elon Musk's Starlink has reportedly received a long-awaited license from India's telecom ministry to offer satellite internet services, clearing a key regulatory hurdle after a three-year...
Integrated Micro-Electronics Inc. (IMI), a Philippines-based EMS provider, has agreed to sell its subsidiary in the Czech Republic to KEBODA Deutschland GmbH & Co. KG for a total...
