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Chinese firm reportedly planning to triple output to fill Nvidia-sized gap in chip market

Cambricon Technologies Corp. is preparing a major production increase for 2026 as China’s artificial intelligence hardware sector accelerates efforts to replace Nvidia…
Stock

Alphabet’s AI chip strategy reshapes the battle for semiconductor dominance

Alphabet’s growing focus on its own AI chips is changing how investors view the race for leadership in the semiconductor industry, a…
Stock

Strategy (MSTR) faces possible MSCI index exclusion as market pressure mounts

Strategy (previously known as Microstrategy), the world’s largest publicly traded corporate holder of bitcoin, is confronting a pivotal moment as index provider…
Stock

Why American Eagle stock is up 12% in premarket trading

American Eagle Outfitters entered Wednesday’s premarket trade on a strong note, with shares rising nearly 12% after the company raised its annual…
Stock

India’s iron ore imports hit 6-year peak on domestic shortage, favorable global prices

India’s steel mills significantly increased their overseas iron ore purchases this year, driving imports to a six-year peak.  This surge was motivated…
Stock

Hyundai expands beyond cars with new AI robot designed for autonomous tasks

Hyundai Motor Group is preparing to introduce a new artificial intelligence-powered mobility robot next year, signalling how the South Korean carmaker is…
Stock

Amazon Trainium3 AI chip: 5 ways it threatens Nvidia

Amazon.com Inc (NASDAQ: AMZN) is in focus this morning after the tech titan unveiled its next-gen AI accelerator – Trainium3 – that…
Stock

Costco sues US government for tariff refunds as SC reviews legality of Trump’s trade actions

Multinational retailer Costco has taken the unusual step of suing the US government to ensure it can recover import duties should the…
Stock

Who is Amar Subramanya? Apple’s new AI chief

Apple has announced a major leadership change in its artificial intelligence division, confirming that John Giannandrea, the company’s longtime head of AI,…
Stock

What new research reveals about AI-driven risks in DeFi systems

Recent research from the Anthropic Fellows program is drawing attention to a shift in how decentralised finance systems may be targeted in…
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