Top chip buyers such as Apple Inc, Microsoft Corp, and Alphabet Inc's Google are in the process of joining together with chip manufacturers such as Intel Corp in a move to establish a new lobbying group aimed at pressing for government chip manufacturing subsidies.
This group, the Semiconductors in America...
Firefly Aerospace confirmed on Tuesday that it has raised approximately $75 million in private capital funds. These new funds, which are just part of a two-phase effort to inject $400 million into the company, enable the company to edge ever closer to its goal of attaining a billion-dollar value...
With signs of oil recovery on the horizon, shares from the technology sector led a largescale rebound in stock gains. With investors largely deciding to dismiss earlier concerns of inflation, S&P 500 contracts rose despite hints at price increases.
Some of the largest winners during pre-market trading were tech giants...
The end of Q1 has big tech companies posting results of their performance, which has naturally led to other conclusions being made about the state of the American economy today. Companies such as Microsoft, Facebook, Apple, and Google, all had representatives who discussed the state of work-life in America...
Tesla is one of the most lucrative companies in the world, and yet people still managed to underestimate it so far this year. The company recently posted a first-quarter profit that handsomely surpassed estimates, thanks to a shockingly high level of deliveries throughout Q1.
But although the profit was higher...
When it comes to the giant corporations of today, the stakes get higher and higher. We're not talking millions, and we're not talking billions—we're talking trillions.
There are two companies that are expected to reach a value of $2 trillion sometime soon, and they're Microsoft and Amazon.
Last week, Microsoft's shares...
Automation software developer UiPath Inc. is planning to raise $1.1 billion in its U.S. initial public offering. As confirmed from a prospectus filed with U.S. Securities and Exchange Commission on Monday, the New York City-based company is offering 6.8 million shares while shareholders such as Accel and Alphabet Inc’s...
iPhone assembly company Hon Hai Precision Industry Co. reported a colossal 44% increase in its revenue during the first quarter of the current fiscal year. According to a report from the Taiwanese manufacturer on Tuesday, revenue for January through March increased to NT$1.34 trillion ($47 billion), with sales increasing...
Intel CEO Pat Gelsinger has revealed his company's intention to repair its somewhat deteriorating relationship with Apple Inc. "We will pursue opportunities with Apple," Gelsinger announced during a conference call regarding Intel's upcoming business plans on Tuesday evening.
It was during the later stages of 2020 that Intel's 15-year relationship...
Facebook Inc announced on Thursday that it is currently developing a wristband that will be able to control the Augmented Reality (AR) glasses that the company is expected to launch sometime this year. According to a blog post, Facebook's wristband users will be able to interact with the virtual...