Alcoa Corporation (NYSE: AA) has announced an agreement to acquire South32’s (ASX: S32) aluminium business in a transaction valued at approximately $4.7 billion, representing one of the largest strategic acquisitions in the sector in recent years. The announcement, released alongside the company’s quarterly earnings, …
Selling pressure across the global semiconductor industry intensified during Friday's Asian trading session, withKioxia Holdingsemerging as one of the session's biggest losers after its shares plunged bymore than 15%.
Nvidia has taken another significant step in expanding its artificial intelligence ecosystem with the launch ofCosmos 3 Edge, a new AI "world model" platform designed specifically for robots and physical AI systems operating in real-world environments.
The release of the preliminary July University of Michigan Consumer Sentiment Index provides investors with one of the most widely followed measures of household confidence in the United States.
Asian financial markets are set for a weaker start as investors digest another bout of selling across the US semiconductor sector, extending a period of heightened volatility within technology equities.
One of Wall Street's most closely watched semiconductor analysts has delivered what many investors view as the clearest warning yet that the extraordinary pricing environment supporting the global memory industry could be approaching its peak.
Nvidia has spent the past several years at the center of the artificial intelligence revolution, becoming the dominant supplier of graphics processing units (GPUs) powering the world's largest AI models. However, comments made by Chief Executive Officer Jensen Huang during his visit to Japan …
Although major economic data releases continue dominating investor attention, recent comments from Federal Reserve policymakers remain an important factor influencing financial markets ahead of the central bank's next policy decision.
The Nasdaq Composite ended Thursday down1.6%, marking one of its sharpest single-session declines in recent weeks as weakness across semiconductor stocks overshadowed an otherwise encouraging earnings season.
Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, announced another landmark investment in the United States, committing an additionalUS$100 billionto expand its American manufacturing operations. The announcement was made alongside the company's latest quarterly earnings and represents one of the largest manufacturing …