HP to Lay Off Up to 2000 Employees Amid US Tariff Impact on Profits

February 28, 2025 – HP Inc. released its second-quarter profit forecast yesterday, revealing figures that fell short of market expectations. The company attributed the lower-than-expected profits to “increased component costs and tariffs imposed by the US authorities.” According to HP, earnings per share for the second fiscal quarter ending in April are expected to range…

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NVIDIA CEO: Blackwell Demand ‘Truly Astonishing’

February 27, 2025 – NVIDIA today released its financial report, anticipating a significant surge in its first-quarter revenue, further highlighting the robust demand for AI chips. Additionally, the company revealed that the order volume for its new Blackwell semiconductors has been “amazing.” However, NVIDIA’s prediction for the gross margin in the current quarter is slightly…

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BMW Commits to Preserving Its Brand Core Despite Power System Updates

February 27, 2025 – During last week’s 2025 Landshut Technology Days, BMW Group unveiled its sixth-generation eDrive technology, incorporating large cylindrical battery cells and a new 800V high-voltage platform supporting ultra-fast charging. This cutting-edge technology will initially be employed in the brand-new Neue Klasse model, with plans to expand it to the entire range of…

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