Industries
Nvidia Projects Threefold Surge in Quarterly Revenue, AI Chip Demand Shows No Signs of Slowing in 2024
While Nvidia’s supply chains are gradually improving, CEO Jensen Huang acknowledges that meeting the surging demand...
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Antitrust Scrutiny Looms Over Disney, Fox, and Warner Bros. Discovery’s Streaming Venture
Announced earlier this month, the proposed streaming service aims to amalgamate content from various networks, including...
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Nextracker CEO Predicts Solar’s Unstoppable Rise as Demand EscalatesÂ
Nextcracker has predicted that its earnings would increase during fiscal 2024 to quite a bit of...
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Toyota Sees Profit Jump as Chip Shortage Eases
Japan's multinational automotive manufacturer, Toyota, announced excellent sales in every region for the first three-quarters of...
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IMF Downgrades MENA Growth Forecasts Due to Gaza Conflict, Lower Oil Output
The fund projects that if the Israel-Gaza conflict slows down in Q1 2024, then the growth...
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Saudi Aramco Ordered to Lower Production Capacity Target
Saudi Aramco was asked by the Ministry to step back to the previous target of 12...
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Nippon Steel’s Acquisition of U.S. Steel Draws White House Scrutiny
While the proposed acquisition resonates as a business endeavour between Nippon Steel and U.S. Steel, divergent...
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Toshiba Leaves Stock Exchange After 74 Years of Public Ownership
Toshiba’s partnership with Rohm to invest $2.7 billion in power chip manufacturing facilities signals its intent...
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China Promises Enhanced Access To Its Market And New BRI Investments
China has established itself as an individual financier of infrastructural development projects like the World Bank...
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Amazon to Invest $4 Billion in AI Startup Anthropic
Anthropic was founded by a group of former OpenAI employees, led by Dario Amodei after differences...
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