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2024-10-11

[News] Despite Geopolitical Tensions, China’s AI Startups Break into the U.S. with Products like Chatbots

In light of slow revenue growth in the Chinese market, China's AI startups are seeking to enter the U.S. market in pursuit of overseas growth opportunities, following the successful model of the short video platform TikTok, according to a report by Commercial Times. According to a report by the F...

2024-10-11

[News] Lagging behind SK hynix in HBM, Samsung Reportedly Plans Significant Year-end Cuts to Chip Executives

After reporting disappointing third-quarter earnings forecast earlier this week, Samsung’s head of Device Solutions (DS) division, Jun Young-hyun, had issued an unusual apology. Now the struggling giant seems to be making its next move. According to the latest report by the Korea Economic Daily, t...

2024-10-11

[News] Intel Completes Assembly of Second High-NA EUV System, ASML Confirms

According to a report from TechNews, Christophe Fouquet, the CEO of ASML, announced that Intel's second high-NA EUV system has been completely assembled. Christophe Fouquet stated that the High-NA EUV machine is less likely to face delivery delays compared to the current standard EUV machines bec...

2024-10-11

[News] U.S. CPI Continued to Decline in September, Market Holds Steady on Rate Cut Expectations

The U.S. Consumer Price Index (CPI) continued to decline in September, according to data released by the U.S. Bureau of Labor Statistics on October 10. The year-over-year CPI growth rate was 2.4%, down 0.1% from the previous month. Although slightly above the market expectation of 2.3%, it remains t...

2024-10-11

[News] Amid Buzz over Jensen Huang Buying Intel, Here Are the Highlights of the 11 Biggest Tech Mergers Ever

Nvidia CEO Jensen Huang’s net worth has now reached USD 109.2 billion, surpassing Intel’s total market value of USD 96.595 billion. This development has sparked excitement among many netizens, with some calling for Huang to acquire Intel and create a new tech industry merger legend. In fact, ...

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