Taiwan Semiconductor Manufacturing Co has suspended shipments to a customer after it discovered that one of its chips supplied to the client ended up in a Huawei product, according to a Taiwan official familiar with the situation.
South Korea’s SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier booked strong sales of its advanced chips, and said demand for high-bandwidth memory (HBM) chips would continue to outpace supply next year.
Texas Instruments beat third-quarter profit estimates on Tuesday, helped by a recovery in orders for its analog chips across segments and improving demand from China’s automotive market, sending its shares up 4% in extended trading.
Shares of Indian fintech firm Paytm jumped nearly 6% on Wednesday after the country’s payments regulator allowed the company to sign new users for digital payments via UPI, which analysts said removed a key regulatory overhang.
A futurist CFO can combine unique operational and strategic skill sets with new technologies, while communicating these best practices to the wider team
Mira Murati, former chief technology officer at OpenAI, is raising funds from venture capitalists for her new AI startup, according to sources familiar with the matter.
Robinhood launched its long-awaited desktop platform and added futures and index options trading features to its mobile app on Wednesday, as the fintech firm aims to take market share from traditional brokerages.
Taiwanese chipmaker TSMC posted a 54% rise in third-quarter net profit on Thursday that beat market expectations as it continues to reap the rewards of surging demand for semiconductors used in artificial intelligence applications.
Jeremy Swinfen Green explores how artificial intelligence is transforming the insurance underwriting process, making it more efficient, accurate and dynamic
The co-founder of payments giant Adyen has begun scaling up his new business software firm Tebi, securing a 20 million euro ($22 million) investment from Index Ventures.
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