Realme has reintroduced the GT series to India with the GT 6T smartphone. The company has announced an early bird sale for the device, offering a discount of up to INR 6,000 ($72/€66) for a limited time. The early access deals for the Realme GT 6T will be available from 12 PM to 2 PM …
Xiaomi introduced its Civi 4 Pro in China last March, and this device is set to debut in India as the Xiaomi 14 Civi. Xiaomi India has confirmed that the launch date for the 14 Civi is slated for June 12. The Xiaomi Civi 4 Pro, also known as the 14 Civi, boasts a Snapdragon …
GameStop (GME.N) generated approximately $933.4 million through the sale of 45 million shares, the struggling video game retailer announced on Friday, causing its shares to surge by more than 12% after trading hours. The company, primarily reliant on brick-and-mortar stores, has been grappling with the increasing trend of customers turning to e-commerce platforms for purchasing …
GameStop sees significant surge following $933 million stock sale Read More »
Shares of Dell Technologies (DELL.N) soared to a record high on Friday amid a surge in companies specializing in generative artificial intelligence applications, fueled by strong optimism for the burgeoning technology. AI powerhouse Nvidia (NVDA.O) reported robust quarterly results and projected current-quarter revenue surpassing Wall Street expectations on Wednesday, underscoring the sustained strong demand for …
Dell reaches all-time high amidst surge in AI sector stocks Read More »
Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomes further investment from the Korean conglomerate, according to a report by state news agency Xinhua. This comes as foreign businesses in the Chinese market face challenges due to geopolitical uncertainties. The meeting in Seoul between China’s second-highest-ranking official and the …
Premier Li Qiang urges Samsung to increase its investments in China Read More »
China has established its third planned state-backed investment fund to enhance its semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion), according to a filing with a government-run company registry. The hundreds of billions of yuan invested in the sector highlight President Xi Jinping’s drive for China to achieve self-sufficiency in semiconductors. …
China establishes third fund with $47.5 billion to enhance semiconductor industry Read More »
Elon Musk’s AI startup, xAI, has raised $6 billion in Series B funding, reaching a post-money valuation of $24 billion as investors place significant bets on challengers to companies like OpenAI in the escalating AI competition. The funding round was supported by investors including Andreessen Horowitz and Sequoia Capital, the company announced in a blog …
Elon Musk’s xAI reaches a valuation of $24 billion following new funding round Read More »
On Friday, Itochu (8001.T) announced that it had entered into a long-term power supply agreement with Google (GOOGL.O) to support the tech giant’s renewable energy objectives in Japan. Under the agreement, Itochu’s portfolio company, Clean Energy Connect (CEC), will commence supplying Google with solar power starting in 2024. By 2026, CEC aims to deliver up …
Itochu subsidiary inks renewable energy deal with Google in Japan Read More »
Chip manufacturer Micron Technology (MU.O) has been ordered by a U.S. jury to pay computer-memory company Netlist (NLST.PK) $445 million in damages for breaching Netlist’s patent rights concerning memory-module technology for high-performance computing. The verdict, rendered by jurors in the U.S. District Court for the Eastern District of Texas, supports Netlist’s claims that Micron’s semiconductor-memory …
Micron Faces $445 Million Verdict in Netlist Patent Trial Read More »
Samsung Electronics’ most recent high bandwidth memory (HBM) chips are encountering obstacles in passing Nvidia’s tests for integration into the U.S. company’s AI processors, according to three individuals briefed on the matter. These challenges are related to heat management and power consumption, particularly affecting Samsung’s HBM3 chips, the fourth-generation HBM standard widely used in graphics …
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