Nvidia overtakes Apple as No. 2 most valuable company
By Noel Randewich (Reuters) – Nvidia‘s rallied to record highs on Wednesday, with the artificial intelligence chipmaker’s valuation breaching the $3 trillion mark and overtaking Apple to become the world’s…
Spotify raises US prices of its premium plans in margin push
By Jaspreet Singh (Reuters) – Spotify raised prices for its premium plans in the United States on Monday, the latest step by the Swedish music-streaming service in its push to…
EU clears law to increase domestic green tech production
By Philip Blenkinsop BRUSSELS (Reuters) – European Union governments formally cleared on Monday a new law designed to ensure the bloc produces 40% of its solar panels, wind turbines, heat…
Nvidia’s split of soaring stock could boost retail investor appeal, Dow chances
By Medha Singh and Lewis Krauskopf NEW YORK (Reuters) – Nvidia’s plan to split its stock after the stunning rise in the chipmaker‘s share price could lure more interest from…
Dell hits record high amid rally in AI stocks
By Yuvraj Malik (Reuters) – Shares of Dell Technologies hit a record high on Friday amid a rally in companies working on generative artificial intelligence applications, buoyed by strong optimism…
TSMC sees annual sales growth to reach 10% in semiconductor industry
By Faith Hung HSINCHU, Taiwan (Reuters) – Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue growth of 10% in the global…
Samsung Electronics picks veteran executive to tackle ‘chip crisis’ amid AI boom
By Heekyong Yang and Ju-min Park SEOUL (Reuters) – Samsung Electronics has replaced the chief of its semiconductor division to help the group overcome a “chip crisis”, amid a booming…
Grab raises annual profit view after strong first-quarter revenue growth
By Yuvraj Malik (Reuters) – Grab Holdings raised its full-year profit forecast on Wednesday after reporting a higher-than-expected quarterly revenue, driven by recent cost-reduction measures and robust demand for its…
Sony restructures leadership of key games business
By Sam Nussey TOKYO (Reuters) – Sony announced two company executives would take new leadership roles at its games unit with responsibility for the technology and content sides of the…
Bumble revenue beats estimates on paying users strength, shares jump
By Jaspreet Singh (Reuters) – Bumble beat Wall Street estimates for first-quarter revenue on Wednesday helped by growth in its paying users, sending the company’s shares up more than 9%…