Tesla Soars to Record Stock Price, Becomes 7th Largest U.S. Company by Market Value
December 17, 2025 – On December 16 (Eastern Time), Tesla’s stock price soared by 3.07%, closing at 489.88pershare,markinganewall−timehighsinceitslisting.Onthissingleday,itsmarketvaluesurgedby48.5 billion, pushing the total market capitalization to approximately $1.63 trillion. This made Tesla surpass Broadcom to become the seventh – largest company in the United States in terms of market value. This new milestone sheds light on…
Apple Orders 3nm M5 Chips from TSMC, Production Expected to Start Next Year
November 30, 2024 – According to a report from The Elec, Apple has placed an order for its M5 chips with Taiwan Semiconductor Manufacturing Company (TSMC). The production of these chips is expected to commence in the latter half of 2025, with the first devices powered by the M5 chip potentially hitting the market by…
NVIDIA’s $5B Intel Investment Approved: Paving the Way for ‘Revolutionary’ Chip Development
December 20, 2025 – On December 18 local time, the U.S. Federal Trade Commission (FTC) gave the green light to NVIDIA’s investment in Intel, although the specifics of the deal remain undisclosed. Back in September this year, NVIDIA unveiled its plan to invest $5 billion in Intel, which was struggling at the time. This move…
Nvidia Reports $44.062B Revenue in Q1 FY2026, Net Profit Up 26% Year-Over-Year
May 29 2025 – Nvidia Corporation unveiled its financial results for the first quarter of fiscal year 2026 today, revealing substantial growth across key metrics despite some fluctuations in profitability. The semiconductor giant reported total revenue of 44.062billionforthequarter,markingarobust6918.775 billion, reflecting a 26% annual growth but a 15% quarterly decline. Breaking down the performance by business…
Apple Watch Ultra 3 Set for Launch This Year, May Feature Satellite & 5G Connectivity
June 17, 2025 – Apple enthusiasts might have some exciting new gadgets to look forward to this year, as GF Securities’ Hong Kong-based analyst Jeff Pu has shed light on the company’s upcoming product launches. According to Pu’s latest pr within the year. These anticipated releases are likely to coincide with the launch of the…
OpenAI Establishes Second Asian Office in Singapore, Following Tokyo
October 9, 2024 – On Wednesday, American artificial intelligence (AI) company OpenAI announced plans to open an office in Singapore later this year and has already begun assembling a team in the country. According to the company, Singapore will serve as a hub for supporting clients and partners in the Asia-Pacific region. The team will…
Northvolt Announces Global Layoff of 20% Amid Funding Challenges
September 24, 2024 – Northvolt AB, a prominent Swedish battery manufacturer, has announced plans to reduce its global workforce by 20% and halt the expansion of its main factory in northern Sweden. This decision comes as a response to a funding crisis triggered by the slowing demand for electric vehicles. The layoffs, affecting 1,600 positions,…
iPhone 16 Permitted as Personal Luggage in Indonesia, But Not for Commercial Use
October 28, 2024 – The Indonesian Ministry of Industry has announced that travelers are permitted to bring iPhone 16 devices into the country, but the sale of these devices is prohibited. Due to Apple not meeting Indonesia’s local investment targets, the newly released iPhone 16 series, which launched in September, cannot be sold in Indonesia….
NVIDIA Unveils New RTX 3050 with Reduced VRAM and Lower Power Consumption
February 03, 2024 – In a recent announcement, NVIDIA has unveiled a new iteration of its RTX 3050 graphics card, notable for a significant reduction in its video memory to 6GB. This latest RTX 3050 6GB variant is equipped with the smaller GA107 core, specifically the GA107-325 model. It boasts 2304 CUDA cores, 64 tensor…
Future Emira Model May Feature Electric or Hybrid Technology, Suggests Lotus Europe CEO
November 30, 2024 – In a recent conversation with Autocar, Dan Balmer, the newly appointed CEO of Lotus Europe, hinted at the possibility of extending the lifespan of the iconic sports car, Emira, by equipping it with a hybrid powertrain. The current Emira, which debuted in 2021 as the successor to the Evora, Exige, and…