Not All Chipmakers Are Doing Great; STMicroelectronics Lowers Annual Outlook After Q1 Performance
STM reported 18.4% revenue decline in Q1 2024, missed consensus estimates. Margins decreased and outlook for Q2 and 2024 is lower than expected.
Oracle Targets Nashville for New Global HQ, Aiming to Enhance Healthcare Focus
Oracle relocating HQ to Nashville, TN to strengthen ties with healthcare industry. Stock up 23% in past year. Plans to invest in Japan's cloud boom.
Taiwan Semi Sets 2026 Launch for A16 Chip Technology, Aiming to Outpace Intel in Speed
TSMC announced new chip manufacturing technology A16 will start production in 2026, challenging Intel. Stock gained 62% in last 12 months.
Warren Buffett-Backed BYD, Xiaomi And Other Local Chinese Automakers Shine At Beijing’s Largest Auto Show: Report
The Beijing auto show is reportedly serving as the platform for the biggest automakers around the globe to showcase their EVs.
Japanese Automakers Toyota, Nissan Partner With Tencent, Baidu To Boost AI Capabilities In China
The alliance aims to capitalize on Tencent's expertise in big data, AI, and cloud computing.
GM Unveils Plans For Autonomous Driving Unit Cruise Relaunch After Hiatus, Expects $1.7B In Expenses
Detroit-based automaker General Motors on Tuesday detailed its plans for the relaunch of its autonomous driving unit Cruise, months after it paused operations owing to the involvement of one of its robotaxis in an accident in San Francisco.
Mark Zuckerberg Says ‘Tens Of Millions’ Users Have Already Tried Meta AI, And People Are ‘Asking Us To Release…Wherever They Are’
Meta Platforms CEO Mark Zuckerberg revealed that the initial release of the new version of Meta AI has been well-received.
Apple’s Top Marketer For Vision Pro Bids Farewell After 36 Years At Cupertino Amid Demand Slump
Frank Casanova, the lead marketer for Apple Vision Pro headset, has retired amid falling demand for the device.
Tesla Is betting Big On Robotaxi, But This Rival Thinks Elon Musk’s Vision Could Be ‘More Than 5 Years Away’
Xpeng's Brian Gu expressed his skepticism about the immediate future of self-driving taxis as a lucrative business.
Mark Zuckerberg Shades Apple Vision Pro Once Again, Calls It ‘Fashionable AI Glasses Without A Display’
Meta Platforms Inc. CEO Mark Zuckerberg has seemingly taken a dig at Apple Vision Pro once again, saying AI glasses are the future instead.