ITBEAR

ASML Shares Plummet 16% as Company Slashes 2025 Sales Expectations

October 16, 2024 – On Tuesday, leading photolithography machine manufacturer ASML predicted lower than expected sales and orders for 2025, citing persistent weakness in certain segments of the semiconductor market. This announcement triggered a significant drop in the company’s share price, resulting in the largest single-day decline since 1998. Despite a robust demand for chips…

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Lenovo and NVIDIA Unveil Groundbreaking Liquid-Cooled AI Server

October 16, 2024 – At its annual global innovation event, Tech World 2024, Lenovo Group unveiled the sixth-generation vertical liquid cooling product, ThinkSystem N1380 Neptune, designed to power generative AI computations. During the conference, Lenovo announced a collaboration with NVIDIA to introduce the Lenovo Hybrid AI Comprehensive Advantage Set. Furthermore, they launched the ThinkSystem SC777…

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Stellantis CEO Warns: EU Tariffs on Chinese EVs to Hasten Closure of Local Auto Plants

October 16, 2024 – Reuters reported that on the 15th local time, Stellantis CEO Carlos Tavares issued a warning: the tariffs imposed by the European Union (EU) on Chinese electric vehicles (EVs) would accelerate the closure of local automobile manufacturing plants in Europe. In Tavares’s view, imposing tariffs on Chinese EVs would compel Chinese automakers…

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Tesla’s ‘We, Robot’ Faces Design Controversy as ‘I, Robot’ Director Mulls Legal Action

October 15, 2024 – Following the conclusion of Tesla’s “We, Rebot” conference, Alex Proyas, director of the film “I, Robot,” took to social media platform X to draw parallels between Tesla’s new products and the futuristic designs featured in his movie. Proyas posted a series of comparative images, juxtaposing Tesla’s Optimus robot, Cybercab self-driving taxi,…

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