Nvidia Stock Dips 6% After Forecast Disappoints Investor Expectations
Nvidia’s stock dropped more than 6% on Thursday after the company’s third-quarter forecast fell short of high investor expectations, despite remaining confident in the generative AI trend that has driven…
China’s Robotaxi Expansion Raises Job Security Concerns
China’s aggressive push for robotaxi technology has sparked concerns over job security among drivers, while experts suggest the rise of autonomous vehicles is also creating new employment opportunities. Recent developments…
China Invests $6.1 Billion in Nationwide Data Center Initiative
China has invested over 43.5 billion yuan ($6.12 billion) in a nationwide project to construct computing data centers, a senior government official revealed on Thursday. This announcement comes amid escalating…
Nvidia Earnings Spark Decline in Asia’s Semiconductor Sector
Tech and chip-related stocks across Asia saw declines on Thursday, following Nvidia’s release of its second-quarter results. The drop extended across key markets in the region, with companies directly linked…
Apple Expands Indian Market Reach with New Airtel Streaming Deal
Apple is partnering with India’s Bharti Airtel to offer its music and video streaming services for free to Airtel’s premium customers. This collaboration provides Apple access to thousands of potential…
Ryzen Desktop CPUs See Improved Gaming with New Windows 11 Patch
A recent Windows 11 update has brought enhanced gaming performance for owners of modern Ryzen desktop CPUs. Initially planned for the upcoming 24H2 version of Windows 11, AMD and Microsoft’s…
SK Hynix Introduces New DRAM Chip to Boost Power Efficiency
SK Hynix, the world’s second-largest memory chip maker, announced on Thursday the development of its first sixth-generation 10-nanometre dynamic random access memory (DRAM) chip, designed to use less power than…
Nvidia Board Approves Massive $50 Billion Share Repurchase Plan
Nvidia has announced a $50 billion stock buyback, following approval by its board of directors. The announcement was made alongside the company’s fiscal second-quarter earnings report, which exceeded Wall Street…
Nvidia Achieves 122% Revenue Growth Driven by AI Chip Demand
Nvidia has reported a 122% year-over-year revenue growth, driven by strong demand for its data center chips, particularly those used in artificial intelligence (AI) applications. The company’s earnings beat Wall…
Robotics Breakthrough as Unitree Launches G1 Humanoid Robot for Homes
Unitree Robotics has launched the G1, a new humanoid robot priced at $16,000, aiming to make advanced robotics more accessible for household use. Known for offering affordable alternatives to high-cost…
New Game Releases and Updates Revealed in Latest Nintendo Direct
Nintendo’s latest Direct presentation has unveiled a series of major game announcements and updates, giving fans a lot to anticipate. The showcase, which ran for about 40 minutes, focused solely…
China’s BYD Targets Nearly Half of Sales from Overseas Markets
BYD Co, China’s leading automaker, is positioning itself to have nearly half of its future sales coming from international markets. This strategy highlights the company’s intent to establish global production…
Cybersecurity Experts Reveal Chinese Hackers Breached Internet Companies
A Chinese hacking group has exploited a previously unknown software bug to compromise several internet companies in the U.S. and internationally, according to cybersecurity firm Lumen Technologies. The hackers targeted…
Cerebras Introduces Affordable AI Solution to Rival Nvidia
Cerebras Systems has launched a new tool for AI developers that utilizes its large-scale chips to run applications, presenting a cost-effective alternative to industry leader Nvidia’s processors. The California-based startup’s…
PlayStation 5 Price Hike Announced by Sony in Japan
Sony has announced a 19% price increase for its PlayStation 5 console in Japan, citing challenges related to the global economic environment. Starting September 2, the PS5 will retail at…
Mexico Becomes Hotspot for Chinese Cars Sparking U.S. Fears
Chinese electric vehicle (EV) makers have found a burgeoning market in Mexico, turning the country into a key destination for their high-tech cars amid U.S. trade restrictions. This shift has…
Samsung SDI, GM Agree on $3.5 Billion EV Battery Facility in US
Samsung SDI, a South Korean battery maker, has finalized an agreement with General Motors (GM) to build a joint electric vehicle (EV) battery factory in Indiana, USA. The two companies…
All Eyes on Nvidia as Critical Earnings Report Approaches
Nvidia, the leading chipmaker, has become a critical focus in the tech industry, labeled by some as the world’s “most important stock.” This heightened attention is largely due to its…
Huawei’s Autonomous Driving System to Power BYD’s New Off-Road Electric SUVs
Chinese electric vehicle manufacturer BYD has reached an agreement with Huawei to incorporate Huawei’s advanced autonomous driving technology into its off-road Fangchengbao electric vehicle lineup. According to a statement from…
India’s AI Startups Introduce Affordable Voice Bots Nationwide
Executives from Alphabet Inc.’s Google DeepMind, Microsoft Corp, and Meta Platforms Inc recently gathered in Bangalore with tech founders to witness Sarvam AI, one of India’s leading AI startups, introduce…