The market capitalization of Micron Technology surpassed $1 trillion for the first time on Tuesday, marking a significant milestone that solidified the largest memory chipmaker
Category: WORLD NEWS
China’s Huawei to achieve global frontier of chipmaking by decade-end amid US sanctions.
Beijing’s efforts to counteract U.S. sanctions that have hindered China’s ability to produce cutting-edge chips are highlighted by Huawei Technologies’ announcement on Monday that it
Private-equity-backed Curium Pharma offers to buy Lantheus in a $7 billion deal.
Lantheus Holdings, a company focusing on radiopharmaceuticals, is considering a possible sale after receiving a takeover offer from Curium Pharma, a private equity firm, valued
Trump rescinds the AI executive order, citing concern that it will reduce US tech superiority.
Hours before a scheduled White House ceremony on Thursday, President Donald Trump canceled plans to sign a new executive order on artificial intelligence, citing concerns
JPMorgan will hire more AI staff and fewer dealmakers. – CEO Jamie Dimon.
Jamie Dimon, CEO of JPMorgan Chase & Co., says the Wall Street giant will probably hire fewer traditional bankers and more AI professionals as the
London’s GHO and Singapore’s CBC $21 billion deal will create the world’s largest healthcare investor.
Global Healthcare Opportunities (GHO), based in London, and CBC Group, located in Singapore, announced on Wednesday that they will combine to form what they described
StanChart will replace “lower-value human capital” with AI and eliminate more than 7,000 jobs.
In an effort to replace “lower-value human capital” with technology, Standard Chartered will eliminate almost 7,000 positions over the course of the next four years.
NextEra and Dominion’s $67 billion deal creates a massive power company as AI drives energy demand in the US.
In an all-stock deal worth roughly $67 billion, NextEra Energy is looking to acquire Dominion Energy to create a huge power firm as artificial intelligence
BlackRock considers investing billions of dollars in SpaceX’s IPO, the biggest-ever stock market flotation.
BlackRock has talked about investing between $5 billion and $10 billion in SpaceX’s IPO next month. At a valuation of over $1.75 trillion, SpaceX hopes
SK Hynix rides on the AI boom to near a $1 trillion market value.
Just weeks after Samsung Electronics achieved the milestone, SK Hynix is poised to surpass a $1 trillion market valuation as robust demand for AI places
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