TAIPEI (Reuters) – Taiwan Semiconductor Manufacturing Co has suspended shipments to a customer after it…
Category: Business
Arm Holdings to cancel Qualcomm chip design license, source says
(Reuters) -Chip firm Arm is cancelling an architectural license agreement that allows Qualcomm to use…
Shift to electric vehicles will have far-reaching impact, IMF says
(Reuters) – The global transition toward electric vehicles will have “far-reaching” impacts on investment, production,…
Peloton to sell high-end exercise bikes at certain Costco stores
(Reuters) – Peloton plans to sell its high-end exercise bikes at some of Costco’s U.S….
Lucid says its stock sale will provide ‘cash runway’ well into 2026
DETROIT (Reuters) – Lucid CEO Peter Rawlinson said on Monday that a stock sale announced…
Qualcomm revamps mobile phone chips for AI, signs Samsung and others
By Stephen Nellis (Reuters) – Qualcomm said on Monday it is bringing technology first developed…
NYC-bound Boeing 767 makes emergency stop during take-off in Senegal
DAKAR (Reuters) – A Delta Airlines Boeing 767 aircraft bound for New York made an…
Boeing exploring asset sales to boost finances, WSJ reports
(Reuters) – Boeing is exploring asset sales in a bid to boost its fragile finances…
P&G posts surprise quarterly sales drop on weakening demand in US, China
(Reuters) -Procter & Gamble reported a surprise drop in first-quarter sales on Friday, as consumers…
Nvidia hits record high as chip stocks rally on TSMC’s rosy AI-powered outlook
(Reuters) -Shares of Nvidia hit a record high amid a rally in U.S. chip stocks…