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Taiwan says exclusion from new US curbs on AI tech should 'give confidence'

Taiwan says exclusion from new US curbs on AI tech should 'give confidence'

Taiwan’s exclusion from the new U.S. curbs on artificial intelligence (AI) chip and technology exports should "give confidence" about Taipei’s own controls and respect for the law, the island’s government said on Wednesday.
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Clearwater to buy software maker Enfusion for $1.5 billion in expansion push

Clearwater to buy software maker Enfusion for $1.5 billion in expansion push

Clearwater Analytics has agreed to acquire Enfusion in a $1.5 billion cash-and-stock deal as the financial software maker looks to bolster its international presence and enter the hedge fund industry.
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India's HCLTech tumbles nearly 10% after Q3 revenue miss

India's HCLTech tumbles nearly 10% after Q3 revenue miss

Shares of HCLTech plunged nearly 10% on Tuesday, set for their worst session since September 2015, after India’s No. 3 software services provider missed quarterly revenue estimates and raised only the lower end of its full-year sales outlook.
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TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand

TSMC fourth-quarter profit seen jumping 58% on strong AI chip demand

Taiwan Semiconductor Manufacturing Co, the main global producer of advanced chips used in artificial intelligence applications, is expected to report a 58% leap in fourth-quarter profit on Thursday because of surging demand.
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