Taiwan Semiconductor Manufacturing Company (TSMC) briefly joined the exclusive trillion-dollar valuation club, highlighting its dominance in the semiconductor industry. Here's a closer look at five essential aspects of TSMC: 'Godfather' of the Chip Industry TSMC was founded in 1987 by Morris Chang, an MIT and Stanford graduate with a prolific career in the U.S. tech industry. Taiwan's government aimed to…
Seattle-based VivoKey Technologies offers subdermal crypto wallets for safe cryptocurrency transactions using NFC and RFID technology. The thought of losing a crypto wallet full of Bitcoin, Ethereum, or the latest meme coin can give any investor nightmares. Seattle-based Dangerous Things and VivoKey Technologies have a novel way to keep your coins on you at all times: by putting them in…
Battery maker LG Energy Solution Ltd.’s second-quarter profit fell short of analyst predictions, reflecting a broader deceleration in electric vehicle (EV) sales. Operating profit for the three months ending June 30 plummeted 58% from the previous year, landing at 195.3 billion won ($141 million), the Seoul-based company announced Monday. This figure fell significantly below the 282 billion won estimate compiled…
Samsung Electronics Co. has reported a remarkable increase in both sales and profit, marking its fastest growth in years. This surge is largely driven by a revival in memory chip demand fueled by the global acceleration of artificial intelligence (AI) development. The world’s largest manufacturer of memory chips and smartphones saw a 15-fold increase in operating profit, reaching 10.4 trillion won…
At the headquarters of BYD Co. in Shenzhen, there’s a wall crammed floor to ceiling with about a thousand framed patents representing more than 30,000 innovations the electric-vehicle maker’s billionaire founder, Wang Chuanfu, and his army of engineers have devised. These patents, including the low-cost lithium-iron-phosphate battery now used by rivals like Ford, Tesla, and Toyota, are turning Wang’s company…
Google's greenhouse gas emissions in 2023 were 48% higher than in 2019, according to its latest environmental report. The tech giant attributes this surge to the increasing amounts of energy needed by its data centers, exacerbated by the explosive growth of artificial intelligence (AI). AI-powered services involve considerably more computer power—and so electricity—than standard online activity, prompting a series of…
Micron Technology Inc.’s post-results selloff has sent a stark reminder to global investors about the inherent risks in betting on artificial intelligence chipmakers. Just days after leading AI chipmaker Nvidia Corp. experienced a massive slump, shedding nearly half a trillion dollars, Micron’s shares fell about 8% in extended trading following a forecast that failed to meet the highest expectations. Micron,…
Amazon.com Inc. has reached a $2 trillion market valuation for the first time ever as an artificial intelligence-fueled rally pushed the tech giant deeper into record territory. Shares rose 3.9% on Wednesday to close at $193.61, pushing the market value to more than $2 trillion. The company now joins an elite club of a handful of peers that have surpassed…
Google has officially launched the Gemini side panel, formerly known as Duet AI, across its suite of Workspace applications, following its announcement at I/O 2024. This rollout extends the capabilities of Gemini 1.5 Pro to paid customers using Gmail, Google Drive, Docs, Sheets, Slides, and Google One AI Premium. Enhanced Productivity Across Applications The Gemini side panel introduces advanced AI…
YouTube is set to prompt iOS users to allow broader tracking for more personalized ads. This new feature, expected to roll out soon, seeks user consent for tracking activities across other companies' apps and websites. With iOS 14.5, Apple introduced a mandatory opt-in for app tracking, compelling app developers to request explicit permission from users. In response, many apps, including…
