Nvidia has shortened its list of Asian buyers of AI chips following tighter checks

The US company Nvidia Corp. has more than halved the number of Asian customers authorised to purchase its artificial intelligence chips, according to the...

Samsung is preparing to manufacture AI5 chips for Tesla

South Korea’s Samsung Electronics has begun preparations to manufacture new AI5 chips for the US company Tesla, according to the Yonhap news agency, citing...

Meta is investing more than $50 billion in the expansion of its data centre in Louisiana

The US company Meta is increasing the capacity of its data centre in Richland Parish, Louisiana, to 5 GW, according to the company’s blog. Investment...

Germany has funded the purchase of 50,000 attack drones for Ukraine

Germany has funded the purchase of 50,000 attack drones for Ukraine, according to Reuters. It is noted that this order is one of the largest...

Delta Air Lines saw its net profit fall by 25 per cent in the second quarter

Delta Air Lines, one of the largest airlines in the US, saw its net profit fall by 25 per cent in the second quarter,...

SK Hynix has listed its ADRs on the Nasdaq for a record $26.5 billion

South Korean chipmaker SK Hynix Inc. has listed American Depositary Receipts (ADRs) on the Nasdaq stock exchange, raising $26.5 billion. The size of the offering...

Samsung and SK Hynix are to build two chip factories each

South Korean President Lee Jae-mang has announced a plan to develop the country’s semiconductor manufacturing sector and expand its artificial intelligence infrastructure through large-scale...

Rocket Lab is acquiring Iridium Communications in an $8 billion deal

The US space company Rocket Lab Corp. has agreed to acquire the satellite communications operator Iridium Communications Inc. for approximately $8 billion, including debt,...

The annual inflation rate in Iran has risen to 58 per cent

Iran’s annual inflation rate rose to around 58 per cent in June compared with the same period last year, according to data from the...

Retail sales in Japan rose by 5.3% in May

Retail sales in Japan rose by 5.3 per cent in May compared with the same month last year, according to the country’s Ministry of...
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