As Samsung is reportedly scaling down its foundry and legacy DRAM production, the South Korean semiconductor giant is now said to be planning the sale for its outdated equipment in China, including the NAND Flash facilities in Xi’an, according to a report by the Chosun Daily. The report notes t...

According to a report from TechNews, citing Nikkei, Apple is reportedly in talks with Foxconn to manufacture AI servers in Taiwan as part of its strategy to capture a larger share of the booming generative AI market. However, according to Nikkei, while Foxconn is Apple’s largest iPhone manufact...

The Reserve Bank of Australia (RBA) announced on November 5 that it will keep the cash rate target unchanged at 4.35%, marking the eighth consecutive month without a rate change and maintaining rates at a 13-year high. The statement noted that while inflation has been gradually receding from its ...

Supermicro, a major beneficiary of the AI boom, saw its stock plunge after Ernst & Young resigned as its auditor, raising market concerns. According to a report from Liberty Times, citing Chinese media outlet Cailian Press, NVIDIA, which has close ties to Supermicro, is shifting orders that wer...

The U.S. services PMI expanded for the fourth consecutive month in October, rising from 54.9 in September to 56.0—its highest level since July 2022, according to data released by the Institute for Supply Management (ISM) on November 5.   Business Activity & New orders In the subindic...