Nokia Acquires US-Based Infinera for $2.3 Billion, Bolstering Its Optical Communications Portfolio
June 28, 2024 –On June 27th, Nokia announced an “insider news” on its official website, revealing its intention to acquire Infinera, a global supplier of optical network solutions and optical semiconductors. This move is expected to significantly enhance Nokia’s capabilities in the optical networking domain. Headquartered in San Jose, California, Infinera is a vertically integrated…
Hori Unveils New Steam-Licensed Controller for Japanese Gamers
June 28, 2024 –After nearly five years since Valve discontinued its experimental Steam Controller, a new officially licensed Steam controller is making its way to the market. However, this time, it’s not made by Valve but by the veteran Japanese peripheral manufacturer, Hori, and is currently only available in Japan. The “Wireless Horipad for Steam,”…
Micron Reports $68.1 Billion in Third-Quarter Revenue, Up 81.6% Driven by AI Demand
June 28, 2024 –On June 26th, leading U.S. chipmaker Micron Technology announced its third-quarter fiscal results, revealing a significant boost in revenue driven by the escalating demand for storage solutions in the thriving artificial intelligence (AI) sector. According to the report, Micron achieved a total revenue of 68.1billionforthequarterendingMay30th,representinganotable81.666.7 billion. The robust performance was attributed to…
AI Emerges as a Secret Weapon for College Students: Higher Scores and Undetectable
June 28, 2024 –A recent study conducted by Professor Peter Scarfe, an associate professor at the School of Psychology and Clinical Language Sciences at the University of Reading in the UK, has revealed a startling trend: college students are now utilizing AI tools like ChatGPT to complete their coursework, often achieving higher scores than their…
Micron Speeds Up EUV Development for 2025 Mass Production of 1γ DRAM
June 28, 2024 –In a significant development, Micron Technology, a leading semiconductor manufacturer, has announced its plans to adopt Extreme Ultra-Violet (EUV) lithography for the production of its 1γ DRAM, marking a shift from its previous reliance on Deep Ultra-Violet (DUV) technology. While other semiconductor giants have been quick to embrace EUV, Micron had been…
SK Hynix Unleashes Industry-Leading Performance with PCB01 SSD, Mass Production to Begin This Year
June 28, 2024 –On June 28th, SK Hynix announced the development of its new solid-state drive (SSD), the PCB01, touted as the “industry’s highest performance” storage solution specifically designed for AI-enabled personal computers. According to SK Hynix, the PCB01 is the first in the industry to utilize the PCIe 5.0 x 8 interface technology, significantly…
Bill Gates Urges Environmentalists: Don’t Overworry About AI’s Power Consumption
June 28, 2024 –In a recent speech in London, tech mogul and philanthropist Bill Gates has come to the defense of AI systems, arguing that their energy consumption will ultimately be “offset” by the efficiencies they bring. Gates’ comments, reported by the Financial Times today, were made in response to concerns about the increasing energy…
Micron Anticipates New Fabs in Idaho and New York to Commence Operations in FY 2027 and 2028
June 28, 2024 –In its recent earnings presentation, Micron Technology announced that its new DRAM memory fabs in Boise, Idaho, and Clay, New York, are slated to become operational in fiscal years 2027 and 2028, respectively. With Micron’s fiscal year commencing in September of the previous calendar year and concluding in August of the same…
Majority of Gameloft Toronto Employees Laid Off in Massive Restructuring
June 28, 2024 –GamesIndustry.biz reported on the 27th, in local time, that a significant number of employees from the Toronto studio of renowned mobile game developer Gameloft have been laid off, although the exact size of the studio has not been disclosed. According to the report, only the human resources, information technology, and management teams…
Qualcomm Snapdragon X Plus Performance Showdown: Cinebench Scores Surpass Apple’s M2 and M3 Chips
June 28, 2024 –In a groundbreaking video released yesterday, June 26th, on his popular YouTube channel, Luke Miani conducted a comparative analysis that shook the tech world. The focus of this test was to evaluate the battery performance of the latest Surface Laptop 7, equipped with Qualcomm’s cutting-edge Snapdragon X Plus chipset, against Apple’s iconic…