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The Latest Breaking News on Asian tech

TSMC Stock Soars On Earnings Beat. Two Sectors Are Driving Demand.

Taiwan Semiconductor Manufacturing handily beat third-quarter estimates and guided higher for the current period.

Investors Business Daily

Nvidia, Broadcom Eye Breakouts. These 2 IPOs Join In.

As Nvidia stock, Broadcom and Monolithic Power target third-stage breakouts, two IPO stocks look to launch moves of their own.

Investors Business Daily

Option Trade Could Make $170 On Taiwan Semiconductor Earnings Move

A trader selling the Oct. 18 put with a strike price of 180 could generate around $170 in premium.

Investors Business Daily

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Ratan Tata: An edifying snapshot of a corporate hermit’s life and works

Be it the workings of his business conglomerate and industrial enterprise, or the realm of public esteem and integrity, Ratan Tata’s life and work were edifying snapshots of India’s relations with private capital.

Newslaundry

‘Face detention or go home’: In Tamil Nadu, police continue crackdown on Samsung strike

As daylight broke on Thursday, October 10, the number of policemen near Echoor in Sriperumbudur kept increasing. This is the place where Samsung's workers have been protesting for over a month now – a protest that the Madras High Court on Wednesday said should be allowed to continue. But as…

Newslaundry

Vietnam to build six semiconductor fabs — country aims to become a major player in the semiconductor industry by 2050

Vietnam outlines an ambitious plan for the semiconductor industry that spans 25 years, including building six fabs and establishing hundreds of semiconductor developers.

Tom’s Hardware

Who was Ratan Tata? Tributes paid to Indian tycoon after his death aged 86

Tributes pour in for Ratan Tata, the former Tata Group chairman and Indian tycoon, who has died at 86

Evening Standard

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Ratan Tata: Indian Mogul Who Built A Global Powerhouse

Industrialist Ratan Tata, who has died aged 86, was credited with transforming India's Tata Group into a globally renowned conglomerate with a portfolio ranging from software to sports cars.

International Business Times

Indian Business Titan Ratan Tata Dead At 86

Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday.

International Business Times

Samsung To Axe Thousands Of Jobs Amid AI Struggles: Report

Samsung is reportedly implementing workforce reductions in Southeast Asia, Australia and New Zealand as part of a broader strategy to cut thousands of jobs globally.

International Business Times

Two execs of China-based chipmaking tools producer resign to meet U.S. requirements

Two executives with U.S. citizenship had to step down from China-based AMEC due to U.S. export rules.

Tom’s Hardware

Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardee

Polar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden administration's CHIPS Act.

Tom’s Hardware

US Space Force partners with India to open a microchip factory for next-gen tech

The United States is partnering with India to establish a new factory that will manufacture microchips to enable next-generation technologies for the U.S. Space Force.

Space

Taiwan Semiconductor, IBD Stock Of The Day, Basks In AI Glow

Taiwan Semiconductor Manufacturing is the IBD Stock Of The Day as the chipmaker benefits from demand for its cutting-edge factories.

Investors Business Daily

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Investors Business Daily

Arm Holdings Joins Elite List; Offers New Buy Point

Arm stock is flashing a buy point of a base. The stock was added to an elite list of 30 stocks on Friday.

The Guardian - AU

‘This is very embarrassing’: Middle East crisis takes a detour to an office park in Taiwan

Media spotlight shifted to Taiwan tech company Gold Apollo which has denied supplying the pagers that exploded across the Hezbollah network in Lebanon

International Business Times

Samsung Electronics To Cut Up To 30% Of Global Jobs: Report

The world's largest maker of memory chips, smartphones, and televisions reportedly plans to implement the global headcount reduction by the end of the year, and it would hit jobs across the Americas, Asia, Europe, and Africa.

Windows Central

Two former Samsung bigwigs nabbed for allegedly swiping $3.2 billion worth of the company's intellectual property to build a 'brand new second-hand' chip fab in China

Two former Samsung executives were jailed for allegedly stealing Samsung technologies worth approximately $3.2 billion to build a chip-making plant in China.

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news in one place.

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Tom’s Hardware

Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets

A former Samsung executive set up a factory in China and used stolen Samsung memory technology to make competing chips.

Investors Business Daily

Chip Stocks Mostly Higher Ahead Of Broadcom Earnings Report

Semiconductor stocks were mostly positive on Wednesday, a day after bears mauled the sector on negative economic news.

The Independent UK

Asian stocks decline, following Wall Street's drop on worries about the economy

Asian stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start

Tom’s Hardware

Taiwan accuses Chinese chip manufacturing tool companies of poaching engineers from Taiwanese companies

Taiwanese intelligence says that Naura Technology and others illegally poach engineers from Taiwanese high-tech firms to boost the Chinese semiconductor industry.

Tom’s Hardware

China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year

A Nikkei report says that China bought more chipmaking tools than the U.S., Taiwan, and South Korea combined.

The Independent UK

Asian shares trade higher after mixed trading on Wall Street

Asian shares are mostly higher as markets continued to be moderately optimistic about the prospects of technology companies and the relative health of global economies

Investors Business Daily

Funds Are Loading Up On Nvidia Chipmaker, Costco Stock, Magnificent Seven Member Amazon

In the current stock market rally, funds are loading up on Nvidia chipmaker TSMC, Costco stock and Magnificent Seven member Amazon.

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