GlobalFoundries Lands $2 Billion TSMC Deal to Build U.S. Supply of Critical AI Chip Component

Brink’s has cleared an important regulatory hurdle in its planned acquisition of NCR Atleos after Britain’s Competition and Markets Authority...

Fed’s Waller Says More Rate Hikes Are Likely but Opens Door to October Pause

Federal Reserve Governor Christopher Waller said additional interest-rate increases will probably be needed to return U.S. inflation to the central...

Samsung Guides to Record Q3 Profit as AI Memory Boom Accelerates

Samsung Electronics expects record third-quarter operating profit as surging demand for memory chips used in artificial-intelligence infrastructure transforms the earnings...

TSMC Posts Record $46.7 Billion Quarter as AI Chip Demand Drives 50% Revenue Surge

TSMC generated record third-quarter revenue of approximately NT$1.49 trillion, or $46.7 billion, as global demand for artificial-intelligence computing continued driving...

Oil Surges Above $104 as Gulf Hurricane and Tanker Attacks Tighten Supply

Oil prices surged Thursday as simultaneous disruptions in the U.S. Gulf of Mexico and Middle East shipping routes tightened the...

Microsoft Pushes AI Onto PCs With Nvidia-Powered Surface Ultra and New Security for Autonomous Agents

Microsoft is expanding its artificial-intelligence strategy from the cloud to personal computers, unveiling a high-powered Surface laptop, locally running AI...

Wolfspeed Surges 27% After Pentagon Offers Up to $1.5 Billion to Expand U.S. Chip Production

Wolfspeed shares surged in extended trading Wednesday after the U.S. Department of Defense offered the semiconductor manufacturer a conditional loan...

Vietnam Banks Plan Nearly $7 Billion in Share Sales as Credit Growth Drives Capital Demand

Vietnamese banks are preparing nearly $7 billion in share sales as rapid economic growth and expanding credit demand increase pressure...

HSBC Reportedly Plans Deep UK Wealth Job Cuts as AI Reshapes Advisory Business