Samuel Nwite
AUTHOR: Samuel Nwite
STMicroelectronics Raises AI Data Centre Revenue Target to $1bn, Shares Rise 10%
The artificial intelligence spending wave is creating winners far beyond the companies building headline-grabbing AI processors. On Tuesday, semiconductor manufacturer STMicroelectronics sharply increased its...
SK Hynix Commits to Doubling Wafer Capacity by 2030 as Goldman Sachs raises its...
SK Hynix, the world’s second-largest memory chipmaker, plans to double its wafer production capacity over the next five years to meet surging demand for...
Trump Signs Executive Order Mandating Companies To Share Advanced AI Models With Govt. Before...
President Donald Trump has signed a scaled-back executive order that creates a voluntary framework for frontier artificial intelligence companies to share advanced models with...
SpaceX Reserves 5% Of IPO For Select Buyers As Musk Commits To One-Year Lock-Up
As investors prepare for what could become one of the largest stock market debuts in history, SpaceX has unveiled an unconventional share-sale framework that...
Blackstone Raises Record $13.1bn Asia Fund as Global Capital Shifts Toward India and Japan
Alternative investment giant Blackstone has closed its largest-ever Asia private equity fund at $13.1 billion, underscoring growing investor confidence in the region even as...