Seagate Technology anticipates third-quarter revenue and profit will surpass analyst expectations, driven by robust demand for its data storage devices. Enterprises are significantly scaling their use of artificial intelligence, fuelling this increased demand.

Microsoft has introduced the second generation of its in-house artificial intelligence chip, the Maia 200, alongside new software tools designed to compete with Nvidia's developer advantages. This new chip represents Microsoft's strategic move into developing its own AI hardware. Credit: MICROSOFT The Maia 200 chip will become operational this week in a data centre in Iowa, with plans for a second location in Arizona. This chip is a follow-up to the original Maia AI chip that

Intel is struggling to meet demand for server chips utilised in artificial intelligence data centres. This challenge has led the organisation to forecast quarterly revenue and profit below market estimates. Following the announcement, shares dropped 13% in after-hours trading. Credit: INTEL The forecast highlights Intel's difficulties in predicting global chip markets, where current products result from decisions made years ago. The company's shares had risen 40% in the past

Chinese robotics firm UBTech has signed a deal with Airbus, the world's largest planemaker, to supply robots for aviation manufacturing. Airbus has already acquired UBTech's latest industrial humanoid robot, the Walker S2.

Sony has announced a memorandum of understanding with TCL to establish a new global joint venture for its home entertainment products business. This strategic partnership will see TCL hold a majority 51% shareholding, with Sony holding 49%. CREDIT: SONY The joint venture will oversee product development, design, manufacturing, sales, logistics, and customer service. Its scope includes a range of items such as televisions and home audio equipment. Sony stated the venture will

Canada will permit the annual import of up to 49,000 electric vehicles from China, implementing a 6.1% tariff under most-favoured-nation terms. This policy change, according to experts, could see Tesla, with its established Canadian sales network and production capacity, become an early beneficiary.

Entrepreneur Elon Musk is seeking up to USD 134 billion from OpenAI and Microsoft, claiming he deserves "wrongful gains" from his early support for OpenAI. This demand comes in a federal court filing ahead of his trial against the two technology organisations.

A new trade deal between the United States and Taiwan will see a total investment of USD 500 billion aimed at expanding semiconductor manufacturing in the US. The agreement involves significant financial commitments from both Taiwanese companies and the island's government.

Nvidia plans to invest USD 1 billion over five years in a joint laboratory with pharmaceutical company Eli Lilly. The collaboration aims to integrate advanced artificial intelligence directly into laboratory workflows for drug discovery.

Global smartphone shipments increased by 2% year-on-year in 2025, driven by stronger demand and economic momentum in emerging markets. Apple led the market with a 20% share, the largest among the top five brands. Credit: APPLE Apple’s strong performance was fuelled by robust demand in emerging and mid-sized markets. This was further supported by significant sales of its iPhone 17 series. Samsung secured the second position with a 19% market share, demonstrating modest shipmen

Nvidia is requiring Chinese customers to make full upfront payments for its H200 artificial intelligence chips. This stringent policy hedges the company against ongoing uncertainty regarding Beijing’s approval of the shipments.

Samsung Electronics announced on Wednesday its plan to acquire its own shares, valued at 2.5 trillion won (USD 1.73 billion). These shares are intended for employee and executive compensation.

Chip technology company Arm Holdings has reorganised its structure to establish a Physical AI unit. This new division aims to expand the company's presence in the robotics market. Company executives confirmed the reorganisation at CES, where robotics emerged as a central theme this year. Credit: ARM The decision to create a unit specialising in robotics arrives amid a flurry of announcements and activity at CES around humanoid robots. Large and small companies demonstrated ro

Samsung Electronics anticipates a 160% increase in its fourth-quarter operating profit, driven by a chip shortage that has significantly raised memory prices. This surge is in response to booming demand for artificial intelligence (AI).

Agibot introduced three humanoid robots and one quadruped robot for the U.S. market at CES in Las Vegas. The company announced it has already shipped 5,000 robots to customers.

President Donald Trump blocked HieFo Corp's USD 3 million acquisition of Emcore assets, citing national security and concerns related to China. The White House released an order prohibiting the transaction involving the New Jersey-based aerospace and defence specialist.

ByteDance has seen its valuation climb to US 500billion dollars on the private market as the company moves forward with a survival plan for its TikTok operations in the United States. This surge marks a significant increase from the US 400billion dollar valuation recorded earlier this year. According to the latest reports regarding the divestment plan, the company has managed to navigate complex political headwinds while maintaining investor confidence.

Microsoft announced a USD 23 billion investment in artificial intelligence, with a significant portion allocated to India. This commitment deepens the US technology giant’s presence in one of the world’s fastest-growing digital markets. Credit: MICROSOFT Chief Executive Officer Satya Nadella stated Microsoft would invest USD 17.5 billion in India, its largest investment in Asia. This four-year spending plan, beginning in 2026, builds on a USD 3 billion commitment made earlier

Investment in artificial intelligence has helped the global economy demonstrate resilience against rising tariffs and trade tensions, according to a director at the International Monetary Fund (IMF). Jihad Azour, director of the IMF’s Middle East and Central Asia Department, stated this at Abu Dhabi Finance Week. He noted that the inflationary impact of higher tariffs has been relatively muted. Credit: International Monetary Fund The global economy showed strength and flexibi

Microsoft will increase prices globally for its Microsoft 365 productivity suites. These adjustments will apply to commercial and government clients starting in July 2026.

Intel has decided to keep its networking and communications unit within the company, following a review of strategic options. The chip maker previously explored selling various assets while weighing options to improve its financial standing. Credit: INTEL The decision means Intel will retain its networking group, known as NEX. The company stated that "keeping NEX in-house enables tighter integration between silicon, software and systems, strengthening customer offerings acros

Malaysian Prime Minister Anwar Ibrahim said U.S. chipmaker Intel has announced an additional investment in the country. The investment, totalling 860 million ringgit ($208 million), is earmarked for Intel's assembly and testing operations in Malaysia.

Nvidia has invested USD 2 billion in chip design software maker Synopsys as part of an expanded, multi-year tie-up. The companies will jointly develop new tools for designing products across industries using artificial intelligence (AI) technology.

Micron Technology plans a significant investment of 1.5 trillion yen (USD 9.6 billion) to construct a new facility in Hiroshima, western Japan. This plant will focus on producing advanced high-bandwidth memory, or HBM, chips.