Google plans $3 billion data center investment in Indiana, Virginia
By Yuvraj Malik (Reuters) - Alphabet unit Google said on Friday it would invest $3 billion to set up a data center campus in Indiana and expand sites in Virginia. A boom in artificial intelligence applications has increased the demand for cloud
Arizona independents in play as Biden pushes big Intel investments
By Richard Cowan WASHINGTON (Reuters) - President Joe Biden's move on Wednesday to pump $19.5 billion into Intel's expanding chip-making business could pay dividends with a critical part of the American electorate his Democrats need to win over: independents in the
Tata to announce semiconductor fab investment in India’s Gujarat
By Aditya Kalra, Dhwani Pandya and Aditi Shah GANDHINAGAR, India (Reuters) - Tata Group is close to announcing plans to build a new semiconductor fabrication plant in India's Gujarat state this year, Tata Sons chairman Natarajan Chandrasekaran said on Wednesday at
China vice premier pushes for more Apple investment, cooperation
By Ethan Wang and Bernard Orr BEIJING (Reuters) - China's Vice Premier Ding Duexiang told Apple CEO Tim Cook the group was welcome to participate in developing China's digital economy, as Cook made a surprise visit to Beijing less than a
Germany’s Delivery Hero hikes 2023 revenue outlook, eyes investments
By Linda Pasquini and Anna Mackenzie (Reuters) - German online takeaway food company Delivery Hero on Wednesday raised its full-year revenue outlook and said it eyed growth investments, after it swung to a profit in the first half of the year
Indonesia says Mitsubishi Motors plans to invest $375 million in 2024
By Bernadette Christina, Fransiska Nangoy, Rocky Swift and Daniel Leussink JAKARTA (Reuters) - Indonesia's industry ministry said on Wednesday Japanese carmaker Mitsubishi Motors was planning to invest 5.7 trillion rupiah ($375.25 million) in 2024 to expand its production capacity in the
Apollo Global leads debt investment in chipmaker Wolfspeed
By Chandni Shah (Reuters) - A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion in the U.S., media outlets reported on Sunday. The financing
Battery maker Northvolt in talks for over $5 billion in financing
General view outside the Northvolt facility in Vasteras, Sweden, September 29, 2021. Picture taken September 29, 2021. REUTERS/Helena Soderpalm. By Aarati Krishna (Reuters) - Swedish lithium-ion battery producer Northvolt is in talks to secure more than $5 billion of financing to pursue