Cybersecurity firm CrowdStrike (CRWD.O) announced on Sunday that a substantial portion of the 8.5 million Microsoft (MSFT.O) devices affected by a global tech outage due to a software update are now back online and operational.
Shipments of semiconductors and other restricted goods through China and Hong Kong to Russia have decreased by 20% this year, according to the U.S. Commerce Department. However, Hong Kong remains a significant hub for evading sanctions, with transshipments of advanced components falling by 28% and those through mainland China dropping by 19%. The U.S. and …
Nvidia (NVDA.O) is developing a version of its new flagship AI chips for the Chinese market that complies with current U.S. export controls, according to three sources familiar with the matter. In March, the AI chip giant unveiled its “Blackwell” chip series, which is set for mass production later this year. Within that series, the …
Nvidia developing a new flagship AI chip version for the Chinese market Read More »
Major U.S. airlines, including American Airlines (AAL.O), Delta Airlines (DAL.N), and United Airlines (UAL.O), implemented ground stops Friday morning due to communication issues, shortly after Microsoft resolved a cloud services outage affecting several budget carriers. It remains unclear if the decision to halt flights was directly related to Microsoft’s earlier cloud outage (MSFT.O). Besides American …
Major U.S. airlines, such as American and UAL, halt flights due to communication issue Read More »
Samsung Electronics (005930.KS) and representatives of its largest workers’ union in South Korea, which has been on strike since early last week, have agreed to resume negotiations on Friday, according to both parties.They plan to convene on Friday to establish a definitive negotiation schedule, Son Woo-mok, president of the National Samsung Electronics Union, whose approximately …
Samsung Electronics and the striking union will restart negotiations on Friday. Read More »
Chip stocks in Asia plunged on Thursday, following a significant sell-off on Wall Street triggered by reports that the United States was considering tighter restrictions on exports of advanced semiconductor technology to China. Among the hardest hit was Taiwan Semiconductor Manufacturing Co (TSMC) (2330.TW), the world’s largest contract chipmaker, which lost approximately T$2 trillion ($61.35 …
Asia Tech Stocks Decline Amid Escalating US-China Semiconductor Conflict Read More »
Wall Street’s semiconductor index saw a loss exceeding $500 billion in stock market value on Wednesday, marking its worst session since 2020. This downturn followed reports that the United States was considering stricter restrictions on exports of advanced semiconductor technology to China. Remarks from former President Donald Trump suggesting that Taiwan should contribute financially to …
EU antitrust regulators are questioning industry participants about whether Google’s (GOOGL.O) multi-year generative artificial intelligence (AI) deal with Samsung (005930.KS) restricts rival chatbots on Samsung smartphones, according to an EU document seen by Reuters. Last month, the European Commission announced that it would send out requests for information to better understand the implications of the …
Samsung Electronics (005930.KS) announced on Thursday that it has agreed to acquire Oxford Semantic Technologies, a British startup specializing in advanced technology for artificial intelligence (AI) applications. The value of the deal was not disclosed. Oxford Semantic Technologies focuses on knowledge graph technology, which organizes information as an interconnected web of related concepts, mimicking human …
Samsung to Acquire British AI Startup Oxford Semantic Read More »
Taiwanese chipmaker TSMC (2330.TW) reported a 36% increase in second-quarter net profit on Thursday, surpassing market expectations, driven by a surge in demand for semiconductors used in artificial intelligence applications. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world’s largest contract chipmaker and a key supplier for Apple (AAPL.O) and Nvidia (NVDA.O), saw its net profit …
TSMC’s Q2 Profit Surges 36%, Exceeds Expectations Read More »
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