Samsung Reportedly to Fix Growth of Profit
Samsung Electronics is expected to release data on Tuesday, October 8, according to which its profit more than quadrupled last quarter amid increased demand for chips.
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Foxconn’s Revenue Beats Estimates
Revenue of Foxconn, the world’s largest contract electronics manufacturer based in Taiwan, was the highest ever in the third quarter of the current year.
TrueLayer Raises $50 Million
TrueLayer raised $50 million as part of its $130 million Series E funding round.
Ubisoft Shares Demonstrate Growth
The value of shares of Ubisoft, the maker of video games, on Friday, October 4, showed an increase of more than 30%.
Global Supply Chain Pressure Demonstrates Weakening
An index tracked by the New York Federal Reserve on Friday, October 4, testified that the resolution of the strike at United States ports is likely to be a factor in reducing pressure on global supply chains.
Experian Buys Cyber Security Firm ClearSale
Credit data company Experian has agreed to buy firm ClearSale, which specializes in carrying out activities in the cybersecurity area.
US Hiring Tops Estimates
Job growth in the United States in September exceeded all preliminary forecasts for the dynamic of the corresponding indicator.
Experts Say US Jobs Report to Show Stable Growth in September
Economists surveyed by the media expect that the number of hiring in the United States will show an increase as a result of September.
OpenAI Secures $4 Billion Credit Line
OpenAI has secured a new revolving credit line worth $4 billion.
India to Fabricate Its First Chip in Two Years
India will fabricate its first chip in two years.
Nvidia and Accenture to Boost Corporate AI Adoption
Nvidia Corp. expands the scope of cooperation with technology consultant Accenture to drive the adoption of artificial intelligence in the business environment and boost orders for the chip manufacturer’s products.
Chinese Startup Numemory Claims Memory Chip Breakthrough
The Chinese startup Numemory, which operates in the space of the semiconductor industry, presented the largest-capacity memory chip in its category, which was developed and manufactured in mainland China.
Microsoft’s AI Bet to Lead to Over $100 Billion in Data Center Leases
As Microsoft investors await quarterly earnings this month, another metric is becoming more important which is finance leases.
China Stocks Demonstrate Sharp Increase
On Monday, September 30, Chinese stock indexes showed the largest one-day gain in the last 16 years.
German Inflation Demonstrates Decline
In Germany, in September, the harmonized consumer price index showed a decline, ending up at 1.8%.
US Consumer Sentiment Improves
The rise of consumer sentiment continues to be observed in the United States.
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