Taiwan, US Reach Broad Consensus on Tariff Deal
To cut the tariff rate from 20% to 15% Taiwan may agree to build several more TSMC chip plants in Arizona.
Business
China Chip Designer GigaDevice Soars 40% on Hong Kong Debut
The firm ranks second in the world in NOR flash memory used for storing the code that runs consumer electronics, autos and industrial automation.
SK Hynix to Invest $13 Billion on Chip Packaging Plant on AI Demand
The sustained surge in demand for high-bandwidth AI memory prompts Nvidia's main HBM supplier to begin construction of a new factory in April.
Alphabet Becomes 4th Member of $4-Trillion Club on AI Success
Google's parent company briefly touched $4 trillion in valuation as a deal with Apple lifted sentiment about the latest version of the Google Gemini AI ...
China Applauds EU's Minimum Price Scheme for EVs
The EU agrees to replace its threat of high tariffs on Chinese EVs with a rigorous schedule of minimum prices.
Nvidia to Use Vera Rubin Chips in AI Biotech Tieup with Eli Lilly
The firms will jointly spend $1 billion to build a new research facility to generate data to train biotechnology AI models.
Geely Overtakes Volkswagen in China Sales
China's top-selling foreign auto brand slipped to 3rd place in sales behind BYD and Geely as a strong local preference for EVs hurt laggards in ...
Apple Beat Samsung in 2025 Smartphone Sales
A 20% global market share put Apple ahead of Samsung at 19% and Xiomi at 13%.
China's Tariff-Defying Record Export Growth Likely Slowed in December
Expansion of exports to new global markets continue but December growth is expected to slip to 3% due to the base effect caused by export ...
Apple to Base Siri on Google Gemini 3 AI Model
The two firms entered into a multi-year tieup to equip Apple devices with cutting-edge AI capabilities.
Investors Discomfited by Trump Threats Against Powell
Trump's efforts to control the Fed are seen as weakening the dollar and destabilizing the US economy.
US Can Cover Possible Tariff Refunds Says Bessent
The likelihood of a Wednesday Supreme Court ruling invalidating Trump's destructive tariffs prompts the Treasury Secretary to spin a refund as a corporate boondoggle.
Musk's X to Open Algorithm to Public in Response to EU Pressure
X had been hit with a 120 million euro ($140 million) fine for allegedly failing to abide by the transparency required by the EU's Digital ...
10% Credit Card Interest Cap Floated by Trump
The proposed one-year cap effective January 20 isn't accompanied by specifics on how it would be enforced.
Supreme Court's Tariff Ruling Delayed Until January 14th
Trump tariffs are widely expected to be invalidated based on Justices questioning during November oral arguments on cases brought by US businesses challenging the so-called ...
Americans More Worried About Jobs in December
Households earning less than $100,000 were most concerned about a weak job market while consumers generally expected continued high inflation.
US Manufacturing Jobs Fall on Trump Tariff Initiative
Pace of job creation fell by more than two-thirds since Trump took office, with manufacturing jobs falling for the eighth straight month as tariffs disrupt ...
Polestar Q4 Sales Jumped 27% with Focus on Europe
The Swedish EV brand sold 60,119 cars in 2025, with 15,608 in Q4, and received a $900 million injection from Chinese majority-owner Geely.
Meta Strikes 3 Nuclear Power Deals for Data Centers
Nuclear power deals with Vistra, Oklo and TerraPower spanning 20 years will help accelerates development of small nuclear reactors.
CES Shows AI Gadgets Aplenty but No Servant-Level Robots
AI-spurred advances in robotics haven't yet translated into humanoid robots capable of performing even an assortment of basic household chores.
TSMC Q4 Revenues Beat, Jump 20.45% on Year
The world's most valuable contract manufacturer sets a new record with quarterly revenues of $33.05 billion on surging AI chip demand.
xAI Lost $1.46 Billion on $107 Million Q3 Revenues
Elon Musks's AI platform remains well capitalized with a recent $20 billion series E round but illustrates the high cost of entry into the AI ...
Markets Transfixed by Pending Supreme Court Tariff Ruling
The anticipated Friday decision to overturn or to affirm Trump tariffs would produce volatility for US treasury rates and shift the stock market for industries ...
Hiring Plans Fall to Lowest Level Since 2010
Job growth is expected to stay weak though only mild gains in new unemployment claims suggest low layoffs.
Premium for US West Coast Jet Fuel to Asia Highest in 2 Years
High demand on the west coast and weak demand in China has lifted the Los Angeles jet fuel derivative price nearly $40 a barrel higher ...
China Warns Battery Industry Against Overcapacity
Surging global demand for storage batteries for new AI data center buildout may override the industry ministry's views with leading Chinese battery makers.
Volvo EX60 Conquers Range Anxiety with 503-Mile Range
The new long-range version of the popular mid-sized EV SUV set for release later this month can add 210 miles of charge in 10 minutes.
Huge Copper Shortages Forecast Due to AI Demand
Copper supplies are likely to fall short by as over 10 million metric tons per year without a rapid increase in mining and recycling, according ...
Samsung Electronics Q4 Profits to Treble on AI Memory Demand
Runaway demand for memory chips gives the world's top memory chipmaker Q4 profits of $13.82 billion compared with $4.5 billion a year ago.
China Asks Tech Firms to Stop Buying Nvidia H200 AI Chips
Beijing seeks to discourage stockpiling of US chips as it finds a balance between expanding AI capabilities and incentivizing development of domestic chipmaking.
How Media Giants Stack Up Amid Battle for Warner
The hard revenue numbers suggest possible reason Warner rejected Paramount's bid despite backing by Oracle's Larry Ellison.
China Refiners Turn to Iranian, Russian Oil to Replace Venezuelan Shipments
Independent Chinese refiners will look to an abundant supply of heavy crude from Russia and Iran to replace shipments likely to be lost on a ...
US Bank Profits Surge on Q4 Investment Banking Dealmaking
A 42% jump in Q4 M&A activity on year drives strong profits growth for US banks.
Samsung in Talks to Manufacture 2-NM Chips for Qualcomm
Samsung Electronics' cutting-edge foundry business is expecting a "great leap forward" after losing money in recent years.
Volvo's US December EV Sales Jumped 43% While Plunging in China
Volvo's full-EV sales also rose 33% in Europe but dropped 80% in China.
Hyundai Motor Shares Jump 15% on Possible Nvidia Tieup
A possible Nvidia investment in Hyundai's robotics venture is thought to have been discussed between Hyundai Motor chairman Euisun Chung and Nvidia CEO Jensen Huang ...
Lenovo-Nvidia AI Cloud Gigafactory Unveiled at CES
A Lenovo gigafactory built with Nvidia allows AI cloud providers to bring enterprise AI workloads online faster.
Meta Delays Ray-Ban Display Deliveries Internationally on Strong US Demand
The waitlist for the Meta AI glasses developed with EssilorLuxottica is expected to grow well into 2026 on fast-growing demand.
VinFast Doubles Deliveries in Vietnam, Struggles Globally
The Vietnamese EV maker continues to rely mostly on its home market for growth as it struggles to gain traction in North America and Europe ...
Labubu Maker Pop Mart Adds Foreign Factories to Meet 10-Fold Increase
Despite a 40% drop in share prices since August the Chinese toymaker has added factories in Mexico, Cambodia and Indonesia to meet surging global demand ...
Hyundai Motor to Deploy Humanoid Robots at Georgia Plant in 2028
The Atlas robot developed by Hyundai's Boston Dynamics subsidiary was unveiled at CES in Las Vegas Monday.
Sony Honda Mobility Unveils Afeela 1 EV at CES
The $90,000 EV will begin deliveries to California customers in late 2026.
Samsung Likely to Report 160% Jump in Q4 Profits on Chip Shortage
The AI-boom caused prices of DDR5 DRAM chips to jump 314% over the past year.
DC Circuit Court to Expedite Appeal of $100,000 H-1B Visa Fee Ruling
An appeal by US Chamber of Commerce of a District Court ruling upholding the visa fee will be heard and decided ahead of the March ...
Mercedes to Offer Full Self Driving for US City Streets
The MB.DRIVE ASSIST PRO will directly compete with Tesla's Full Self-Driving Package, starting at about half of Tesla's one-time $8,000 cost but at a similar ...
Lucid-Nuro-Uber Unveil Robotaxi for Production
The trio plan to produce produce robotaxis using Nuro's Level 4 autonomous system running on Nvidia's DRIVE AGX Thor platform.
Jensen Huang Makes Case for Nvidia Self-Driving Solution
Speaking at the Consumer Electronics Show in Las Vegas CEO Huang touted Nvidia's Alpamayo open-source self-driving software which, if widely adopted, would preempt some self-driving ...
Unprecedented Memory Shortage Gives Chipmakers Sustained Boost
Prices for some types of memory chips have doubled since last February as the major memory chipmakers shifted production to the high-bandwidth memory demanded by ...
Lucid Beat Sales Forecast with $80k Gravity
Release of the sub-$100k Gravity Touring SUV expanded Lucid's appeal despite expiration of EV tax credits.
Vietnam Surged 8% on Robust Exports Despite Tariffs
US tariffs of 20% didn't keep Vietnam from growing exports by 17% as companies sought to delink supply chains from China.
Taiwan, US Reach Broad Consensus on Tariff Deal
To cut the tariff rate from 20% to 15% Taiwan may agree to build several more TSMC chip plants in Arizona.
China Chip Designer GigaDevice Soars 40% on Hong Kong Debut
The firm ranks second in the world in NOR flash memory used for storing the code that runs consumer electronics, autos and industrial automation.
SK Hynix to Invest $13 Billion on Chip Packaging Plant on AI Demand
The sustained surge in demand for high-bandwidth AI memory prompts Nvidia's main HBM supplier to begin construction of a new factory in April.
Alphabet Becomes 4th Member of $4-Trillion Club on AI Success
Google's parent company briefly touched $4 trillion in valuation as a deal with Apple lifted sentiment about the latest version of the Google Gemini AI ...
China Applauds EU's Minimum Price Scheme for EVs
The EU agrees to replace its threat of high tariffs on Chinese EVs with a rigorous schedule of minimum prices.
Nvidia to Use Vera Rubin Chips in AI Biotech Tieup with Eli Lilly
The firms will jointly spend $1 billion to build a new research facility to generate data to train biotechnology AI models.
Geely Overtakes Volkswagen in China Sales
China's top-selling foreign auto brand slipped to 3rd place in sales behind BYD and Geely as a strong local preference for EVs hurt laggards in ...
Apple Beat Samsung in 2025 Smartphone Sales
A 20% global market share put Apple ahead of Samsung at 19% and Xiomi at 13%.
China's Tariff-Defying Record Export Growth Likely Slowed in December
Expansion of exports to new global markets continue but December growth is expected to slip to 3% due to the base effect caused by export ...
Apple to Base Siri on Google Gemini 3 AI Model
The two firms entered into a multi-year tieup to equip Apple devices with cutting-edge AI capabilities.
Investors Discomfited by Trump Threats Against Powell
Trump's efforts to control the Fed are seen as weakening the dollar and destabilizing the US economy.
US Can Cover Possible Tariff Refunds Says Bessent
The likelihood of a Wednesday Supreme Court ruling invalidating Trump's destructive tariffs prompts the Treasury Secretary to spin a refund as a corporate boondoggle.
Musk's X to Open Algorithm to Public in Response to EU Pressure
X had been hit with a 120 million euro ($140 million) fine for allegedly failing to abide by the transparency required by the EU's Digital ...
10% Credit Card Interest Cap Floated by Trump
The proposed one-year cap effective January 20 isn't accompanied by specifics on how it would be enforced.
Supreme Court's Tariff Ruling Delayed Until January 14th
Trump tariffs are widely expected to be invalidated based on Justices questioning during November oral arguments on cases brought by US businesses challenging the so-called ...
Americans More Worried About Jobs in December
Households earning less than $100,000 were most concerned about a weak job market while consumers generally expected continued high inflation.
US Manufacturing Jobs Fall on Trump Tariff Initiative
Pace of job creation fell by more than two-thirds since Trump took office, with manufacturing jobs falling for the eighth straight month as tariffs disrupt ...
Polestar Q4 Sales Jumped 27% with Focus on Europe
The Swedish EV brand sold 60,119 cars in 2025, with 15,608 in Q4, and received a $900 million injection from Chinese majority-owner Geely.
Meta Strikes 3 Nuclear Power Deals for Data Centers
Nuclear power deals with Vistra, Oklo and TerraPower spanning 20 years will help accelerates development of small nuclear reactors.
CES Shows AI Gadgets Aplenty but No Servant-Level Robots
AI-spurred advances in robotics haven't yet translated into humanoid robots capable of performing even an assortment of basic household chores.
TSMC Q4 Revenues Beat, Jump 20.45% on Year
The world's most valuable contract manufacturer sets a new record with quarterly revenues of $33.05 billion on surging AI chip demand.
xAI Lost $1.46 Billion on $107 Million Q3 Revenues
Elon Musks's AI platform remains well capitalized with a recent $20 billion series E round but illustrates the high cost of entry into the AI ...
Markets Transfixed by Pending Supreme Court Tariff Ruling
The anticipated Friday decision to overturn or to affirm Trump tariffs would produce volatility for US treasury rates and shift the stock market for industries ...
Hiring Plans Fall to Lowest Level Since 2010
Job growth is expected to stay weak though only mild gains in new unemployment claims suggest low layoffs.
Premium for US West Coast Jet Fuel to Asia Highest in 2 Years
High demand on the west coast and weak demand in China has lifted the Los Angeles jet fuel derivative price nearly $40 a barrel higher ...
China Warns Battery Industry Against Overcapacity
Surging global demand for storage batteries for new AI data center buildout may override the industry ministry's views with leading Chinese battery makers.
Volvo EX60 Conquers Range Anxiety with 503-Mile Range
The new long-range version of the popular mid-sized EV SUV set for release later this month can add 210 miles of charge in 10 minutes.
Huge Copper Shortages Forecast Due to AI Demand
Copper supplies are likely to fall short by as over 10 million metric tons per year without a rapid increase in mining and recycling, according ...
Samsung Electronics Q4 Profits to Treble on AI Memory Demand
Runaway demand for memory chips gives the world's top memory chipmaker Q4 profits of $13.82 billion compared with $4.5 billion a year ago.
China Asks Tech Firms to Stop Buying Nvidia H200 AI Chips
Beijing seeks to discourage stockpiling of US chips as it finds a balance between expanding AI capabilities and incentivizing development of domestic chipmaking.
How Media Giants Stack Up Amid Battle for Warner
The hard revenue numbers suggest possible reason Warner rejected Paramount's bid despite backing by Oracle's Larry Ellison.
China Refiners Turn to Iranian, Russian Oil to Replace Venezuelan Shipments
Independent Chinese refiners will look to an abundant supply of heavy crude from Russia and Iran to replace shipments likely to be lost on a ...
US Bank Profits Surge on Q4 Investment Banking Dealmaking
A 42% jump in Q4 M&A activity on year drives strong profits growth for US banks.
Samsung in Talks to Manufacture 2-NM Chips for Qualcomm
Samsung Electronics' cutting-edge foundry business is expecting a "great leap forward" after losing money in recent years.
Volvo's US December EV Sales Jumped 43% While Plunging in China
Volvo's full-EV sales also rose 33% in Europe but dropped 80% in China.
Hyundai Motor Shares Jump 15% on Possible Nvidia Tieup
A possible Nvidia investment in Hyundai's robotics venture is thought to have been discussed between Hyundai Motor chairman Euisun Chung and Nvidia CEO Jensen Huang ...
Lenovo-Nvidia AI Cloud Gigafactory Unveiled at CES
A Lenovo gigafactory built with Nvidia allows AI cloud providers to bring enterprise AI workloads online faster.
Meta Delays Ray-Ban Display Deliveries Internationally on Strong US Demand
The waitlist for the Meta AI glasses developed with EssilorLuxottica is expected to grow well into 2026 on fast-growing demand.
VinFast Doubles Deliveries in Vietnam, Struggles Globally
The Vietnamese EV maker continues to rely mostly on its home market for growth as it struggles to gain traction in North America and Europe ...
Labubu Maker Pop Mart Adds Foreign Factories to Meet 10-Fold Increase
Despite a 40% drop in share prices since August the Chinese toymaker has added factories in Mexico, Cambodia and Indonesia to meet surging global demand ...
Hyundai Motor to Deploy Humanoid Robots at Georgia Plant in 2028
The Atlas robot developed by Hyundai's Boston Dynamics subsidiary was unveiled at CES in Las Vegas Monday.
Sony Honda Mobility Unveils Afeela 1 EV at CES
The $90,000 EV will begin deliveries to California customers in late 2026.
Samsung Likely to Report 160% Jump in Q4 Profits on Chip Shortage
The AI-boom caused prices of DDR5 DRAM chips to jump 314% over the past year.
DC Circuit Court to Expedite Appeal of $100,000 H-1B Visa Fee Ruling
An appeal by US Chamber of Commerce of a District Court ruling upholding the visa fee will be heard and decided ahead of the March ...
Mercedes to Offer Full Self Driving for US City Streets
The MB.DRIVE ASSIST PRO will directly compete with Tesla's Full Self-Driving Package, starting at about half of Tesla's one-time $8,000 cost but at a similar ...
Lucid-Nuro-Uber Unveil Robotaxi for Production
The trio plan to produce produce robotaxis using Nuro's Level 4 autonomous system running on Nvidia's DRIVE AGX Thor platform.
Jensen Huang Makes Case for Nvidia Self-Driving Solution
Speaking at the Consumer Electronics Show in Las Vegas CEO Huang touted Nvidia's Alpamayo open-source self-driving software which, if widely adopted, would preempt some self-driving ...
Unprecedented Memory Shortage Gives Chipmakers Sustained Boost
Prices for some types of memory chips have doubled since last February as the major memory chipmakers shifted production to the high-bandwidth memory demanded by ...
Lucid Beat Sales Forecast with $80k Gravity
Release of the sub-$100k Gravity Touring SUV expanded Lucid's appeal despite expiration of EV tax credits.
Vietnam Surged 8% on Robust Exports Despite Tariffs
US tariffs of 20% didn't keep Vietnam from growing exports by 17% as companies sought to delink supply chains from China.
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