Nvidia Hits $3 Trillion in Market Value
Nvidia has become one of the main beneficiaries of the so-called artificial intelligence boom, as evidenced by the financial performance of its activities, which continue to set new records.
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ASML to Ship Its $380 Million Machine to TSMC and Samsung
In the current year, ASML Holding NV will ship its latest chipmaking machine to companies such as Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung Electronics.
Kneron Launches New AI Chips
Kneron startup, which specializes in the development of artificial intelligence chips, launched its next-generation products on Wednesday, June 5.
ECB’s Inflation Challenge Resembles Similar US Problem
In the eurozone, the inflationary process has still not returned to the territory of acceptable and favorable indicators, which is why there is currently an increase in fears that the European Central Bank, as part of its movement towards easing monetary policy by cutting interest rates, may face the same problems and obstacles that have […]
Intel Agrees to Sell 49% of Irish Venture to Apollo
Intel has agreed to implement the deal to sell a stake in a venture that controls a factory located in Ireland.
US Job Openings Fall
The number of job openings in the United States in April showed a decrease, which turned out to be more significant than the preliminary expectations for the dynamic of the corresponding indicator.
Deutsche Bank to Cooperate With Bitpanda
According to media reports, Deutsche Bank will cooperate with Bitpanda to process customer deposits and withdrawals from clients of the Austrian crypto broker.
China’s Factory Activity Growth Reaches 2-Year High
In China, the level of factory activity was recorded in May, which demonstrated the fastest rising pace in about the last two years.
Mainland China Rolls Out New Crackdown on Macau’s Illegal Money Exchanges
Mainland Chinese officials have called for measures to curb the illegal money exchange business at the casino hub in Macau.
Intel Announces New AI Chips
Intel on Tuesday, June 4, announced new artificial intelligence chips designed for use in data centers.
Indian Stocks Demonstrate Record Highs
Indian stock markets on Monday, June 3, reached record highs amid news that experts predict the victory of the current Prime Minister of this South Asian country, Narendra Modi, in national elections.
Nvidia Plans to Launch AI Platform Rubin in 2026
In 2026, Nvidia intends to introduce an artificial intelligence platform called Rubin, which will become part of the new technological products of this company, which is one of the main beneficiaries of the so-called AI boom.
Monzo Reports First Profitable Year
Neobank Monzo has recorded the first profitable year in its entire history, as a result of which this virtual lender, relying on positive financial indicators, is now planning to scale up its activities.
AMD Announces New AI Chips
Advanced Micro Devices (AMD) is intensifying the process of developing new artificial intelligence processors to improve its competitiveness in the fast-growing and more than the promising market for corresponding products, where Nvidia currently holds an unambiguous leadership position, being the main beneficiary of the high-level of demand for chips necessary for training and ensuring the […]
Fitch Upgrades Ireland’s Credit Rating
Fitch upgraded Ireland’s rating, which was another evidence of the country’s advancement after the European Union provided its financial assistance 14 years ago.
Dell Reports First-Quarter Earnings
Dell has released information on its financial results for the first quarter of fiscal year 2025.
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