scorecardresearch
Sunday, September 29, 2024
HomeTech

Tech

Nvidia supplier SK Hynix posts 6-year high profit on AI boom

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix posted its highest quarterly profit since 2018 on Thursday as the Nvidia supplier said strong AI chip demand will only get

Analysis – Taiwanese rocket startup may be early test of Japan’s space hub plans

By Kantaro Komiya TOKYO (Reuters) - A Taiwanese startup aims to become the first foreign firm to launch a rocket from Japan by early next year, part of a plan industry advocates say will aid Tokyo's

Bitfarms adopts second ‘poison pill’ after Canadian tribunal terminates first

(Reuters) -Bitcoin miner Bitfarms said on Wednesday it adopted a second 'poison pill' after a Canadian tribunal ceased the earlier one adopted to fend off a potential hostile takeover attempt by rival

LG Energy Solution slashes earnings guidance on weak EV demand; shares drop

By Heekyong Yang and Jihoon Lee SEOUL (Reuters) -South Korean battery firm LG Energy Solution (LGES) warned on Thursday its revenue would plunge more than 20% this year and it would ease capacity

Battery firm LG Energy Solution Q2 profit plunges on weak EV demand

SEOUL (Reuters) - South Korean battery firm LG Energy Solution (LGES) on Thursday posted on a 58% drop in quarterly profit, hit by weakening demand for battery-powered electric vehicles (EVs). The

Tribunal terminates Bitfarms’ ‘poison pill’ against Riot

(Reuters) -Bitcoin miner Riot Platforms said on Wednesday a Canada-based tribunal has terminated rival Bitfarms' attempt to adopt a "poison pill" to thwart its acquisition. The cease trade order by

Nvidia supplier SK Hynix posts highest profit in 6 years on AI boom

By Joyce Lee and Heekyong Yang SEOUL (Reuters) -South Korea's SK Hynix posted its highest quarterly profit since 2018 on Thursday as the Nvidia supplier said second-half AI chip demand will rise

Canadian tribunal terminates Bitfarms ‘poison pill’ against Riot

(Reuters) -Bitcoin miner Riot Platforms said on Wednesday a Canada-based tribunal has terminated rival Bitfarms' attempt to adopt a "poison pill" to thwart its acquisition. The cease trade order by

IBM gets lift from software, AI demand as consulting slips

By Arsheeya Bajwa (Reuters) -IBM beat analysts' estimates for second-quarter revenue and raised its annual growth forecast for its software business on Wednesday, riding on higher AI-linked spending

Nvidia supplier SK Hynix’s Q2 profit soars on AI boom

SEOUL (Reuters) - South Korea's SK Hynix posted on Thursday its third consecutive quarterly profit as the Nvidia supplier sees explosive sales of its advanced DRAM chips such as high bandwidth memory

On Camera

Hassan Nasrallah’s assassination underlines Israel’s military supremacy. Will it win peace?

Israeli Prime Minister Benjamin Netanyahu has no intention of being drawn into another attritional war with Hezbollah. His commanders they are unlikely to win.

10 yrs ago, battery leasing failed to boost demand for EV cars in India. Now, it’s making a comeback

Under this model, battery is provided to EV owners on a subscription basis or lease. With more people open to buying EV cars, the lower upfront cost could likely drive wider acceptance.

Morocco signs pact with Tata for joint manufacture of WhAP Infantry Fighting Vehicle

The armoured platform is India's first amphibious infantry combat wheeled vehicle. Last year, the Royal Moroccan Armed Forces had procured 90 military trucks from the Tata Group.

Islam doesn’t kill democracy. The army-Islam combo does

How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?