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Tag: Breaking news

AI Gold Rush: Is SK Hynix’s Record Profit a Sign of Things to Come?

SK Hynix Posts Record Quarterly Profit Fueled by AI BoomSouth Korea's SK Hynix, a global leader in memory chip manufacturing, announced record-breaking third-quarter profits,...

Intel’s Big Gamble: Billions for Altera Stake – A Smart Move or Risky Bet?

Intel Considers Selling Stake in Altera: A Strategic Shift Amidst Financial Challenges Intel, a prominent name in the semiconductor industry, is reportedly exploring the sale...

Tesla Q3 2024 Deliveries: Did Production Meet the Demand Frenzy?

Tesla's Q3 2024 Deliveries: A Mixed Bag Despite Record Production Tesla reported its third-quarter 2024 vehicle production and delivery numbers on Wednesday, sending its stock...

AI Boom: Are Middle Eastern Funds Fueling the Next Silicon Valley?

Middle Eastern Sovereign Wealth Funds Fuel Silicon Valley's AI Boom Sovereign wealth funds from the Middle East, flush with cash from rising energy prices, are...

Intel Spins Off Foundry Business, Seeking Outside Investment: Is This a Game Changer?

Intel Shakes Up Its Strategy, Aiming to Turn Around Struggling Chip Business Intel, the beleaguered chip giant, announced a series of major moves on Monday,...

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