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2024-11-21

[News] NVIDIA’s Jensen Huang Pledges Full Compliance with Trump’s Trade Policies amid Uncertainties

One of NVIDIA’s major challenges currently may be convincing the market that it is capable of sustaining the rapid growth, as the largest company in the world by market cap fails to impress the investors with its fourth-quarter guidance. One of the main concerns lying ahead for NVIDIA, obviously, ...

2024-11-21

[News] Kioxia Reportedly Set to Gain Listing Approval with $4.84 Billion IPO Valuation

According to a Reuters report citing sources, Kioxia, backed by Bain Capital, is expected to secure listing approval from the Tokyo Stock Exchange on Friday. The company’s IPO is projected to have a market value of around JPY 750 billion (approximately USD 4.84 billion), based on the indicative p...

2024-11-21

[News] SK hynix Begins Mass Production of World’s First 321-Layer NAND Flash

South Korean memory giant SK hynix announced that it has started mass production of the world’s first triple-level cell-based 321-high 4D NAND Flash with a 1Tb capacity. The company plans to provide the 321-high products to customers starting in the first half of next year, according to its press ...

2024-11-21

[News] ST Teams Up with Hua Hong, Calls China Indispensable for Chipmakers

According to a report from the Reuters, the CEO of European chip manufacturer STMicroelectronics (ST) has announced a new plan to collaborate with Chinese foundry Hua Hong, China's second-largest custom chip manufacturer, to produce 40nm microcontroller chips in Shenzhen by the end of 2025. CEO J...

2024-11-21

[News] NVIDIA Q3 Data Center Revenue Hits Record, as Jensen Huang Denies Blackwell Overheating Rumors

Now the world’s largest company by market capital, NVIDIA has posted a robust third-quarter earnings report, with its data center revenue hitting record high. According to a report from Reuters, NVIDIA CEO Jensen Huang reassured the market by refuting the Blackwell overheating rumors, stating “t...

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