Business News

SEOUL, Feb 2 (Reuters) – Market researcher TrendForce said on Monday that it has raised its chip price forecasts and expects conventional DRAM contract prices to jump by 90% to 95% in the January to March period of this year, from the final three months of 2025, citing the artificial intelligence boom. It previously estimated […]

Jan 30 (Reuters) – Apple (AAPL.O), opens new tab is prioritizing production and shipment of its three highest-end iPhone models ​for 2026 while delaying the rollout of its standard ‌model due to a marketing strategy shift and supply-chain constraints, Nikkei Asia reported on Friday, citing four people with knowledge of the matter. Reuters could not immediately verify the

Jan 30 (Reuters) – Sandisk (SNDK.O), opens new tab shares rallied on Friday, after the data storage firm projected third-quarter profit and revenue well above analysts’ estimates and extended a major supply ​deal, powered by a surge in AI-driven demand for data storage. Its ‌shares were last up 14.7% at $616.5, building on their roughly 160% jump in

Jan 23 (Reuters) – Meta Platforms (META.O), opens new tab said on Friday it will suspend teenagers’ access to its existing AI characters across all of its apps worldwide, as it builds an updated iteration of those for teen users. “Starting in the coming weeks, teens will no longer be able to access AI characters across our apps

BEIJING, Jan 24 (Reuters) – Nvidia (NVDA.O), opens new tab CEO Jensen Huang is in Shanghai, a person briefed on the matter said on Saturday, as the U.S. chip giant faces fierce competition from local rivals and scrutiny from Chinese authorities.The timing of Huang’s trip, to kick off annual celebrations with Nvidia’s China employees, is routine. He

WASHINGTON, Jan 14 (Reuters) – U.S. lawmakers and former officials on Wednesday questioned President Donald Trump’s decision to allow Nvidia to sell its second most powerful AI chips in China, arguing the move erodes America’s AI edge and threatens to electrify Beijing’s military. The Trump administration on Tuesday gave a formal green light to China-bound sales of Nvidia’s NVDA.OH200

Jan 15 (Reuters) – Publishers Hachette Book Group and Cengage Group (CNGO.PK), opens new tab asked a California federal court on Thursday for permission to intervene in a proposed class action lawsuit against Google (GOOGL.O), opens new tab over the alleged misuse of copyrighted material used to train its artificial intelligence systems. The publishers said in their proposed complaint, opens new

Oct 17 (Reuters) – Nvidia (NVDA.O), opens new tab uveiled on Friday the first U.S.-made Blackwell wafer, produced at TSMC’s (2330.TW), opens new tab semiconductor manufacturing facility in Phoenix, as demand for AI chips accelerates.Companies have been racing to meet the broader AI industry’s voracious appetite for computing power as they develop AI technology that meets or exceeds human

WASHINGTON, Oct 18 (Reuters) – A U.S. court has ordered Israel’s NSO Group to stop targeting Meta Platforms’ (META.O), opens new tab WhatsApp messaging service, a development the spyware company warned could put it out of business. In a 25-page ruling, opens new tab handed down Friday, U.S. District Court Judge Phyllis Hamilton imposed a permanent injunction on NSO

Unexpected Political Clash Shakes Investor Confidence in EV Giant A public feud between former President Donald Trump and Tesla CEO Elon Musk has rattled markets, sending Tesla shares down over 7% in a single day and wiping billions off the company’s market cap. The clash, which unfolded over a series of online exchanges and rally