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Xiaomi ups EV goal to 120,000 as Q1 tops forecasts on strong phone sales

By Liam Mo and Casey Hall BEIJING (Reuters) -China's Xiaomi said it will aim to deliver 120,000 electric vehicles (EVs) this year, up from the initial goal of 100,000, and will implement double-shift

Tomb Raider owner says humans hold key to game evolution as AI gains ground

(Reuters) - AI has become a major tool in gaming, but human creativity remains crucial to developing games, the CEO of Tomb Raider franchise owner Embracer told Reuters on Thursday. Embracer is in the

Russian rights group says YouTube threatens to block its anti-war channel

By Lucy Papachristou LONDON (Reuters) - A leading Russian rights group says it has received a notice from YouTube threatening to block access in Russia to one of its video channels featuring news on

US plans $75 million grant to Absolics for advanced chip packaging

By David Shepardson WASHINGTON (Reuters) - The US Commerce Department said on Thursday it plans to grant $75 million to Absolics for constructing a 120,000-square-foot facility in Georgia that will

South Korea unveils $19 billion package to compete in global chip ‘warfare’

By Heekyong Yang and Ju-min Park SEOUL (Reuters) -South Korea announced on Thursday a 26 trillion won ($19 billion) support package for its chip businesses, citing a need to keep up in areas like chip

Nvidia shares scale new peak in Frankfurt after strong forecast

(Reuters) - Nvidia's Frankfurt-listed shares rose on Thursday after the chipmaker forecast quarterly revenue above estimates, impressing investors who have tripled the chipmaker's market value in the

TSMC sees annual sales growth to reach 10% in semiconductor industry

HSINCHU, Taiwan (Reuters) -Taiwanese contract chipmaker TSMC, a major supplier to Apple and Nvidia, on Thursday forecast an annual revenue growth of 10% in the global semiconductor industry, excluding

China’s Lenovo extends revenue growth streak, beats expectations

By Josh Ye HONG KONG (Reuters) -China's Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world's largest maker of personal computers (PCs) exits a demand

ASML, Eindhoven Tech University to invest $195 million in partnership

By Toby Sterling AMSTERDAM (Reuters) - European tech giant ASML and the Eindhoven University of Technology said on Thursday they have agreed to spend a combined 180 million euros ($195 million) on

Exclusive-Microsoft’s UAE deal could transfer key U.S. chips and AI technology abroad

By Stephen Nellis (Reuters) - Microsoft President Brad Smith said the tech company's high profile deal with the United Arab Emirates-backed AI firm G42 could eventually involve the transfer of

On Camera

No insult to Ayurveda. AIIMS an attempt to bring good standards of medical education—Amrit Kaur

On 18 February 1956, 'Rajkumari' Amrit Kaur, India's first health minister, moved the Bill in Lok Sabha for the establishment of AIIMS in Delhi. She wanted it to have the powers and functions of a university because it will 'probably make revolutionary changes in curriculum as well as in modes of teaching'.

Cash-strapped Karnataka hikes fuel tax by Rs 3/l, could earn Rs 2,500-3,000 cr more per yr

Move to bring down differences in commodity prices with neighbouring states, says government. Oppn, dealers blame it on welfare, Congress's guarantees.

With an eye on China, IAF expands taxi track at Leh airport, new shelters being built

Expanded taxi track is smaller than those meant for civilian operations, but is long enough for fighters & military transport aircraft to operate.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.