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TSMC Plans Second Japan Factory to Make Higher-end Chips - Media

Taiwan Semiconductor Manufacturing Co plans to construct a second chip plant in Japan to manufacture higher-end chips, 5 and 10 nanometre chips, from the second half of the decade, the Nikkan Kogyo newspaper reported on Friday. That decision could help Japan revive advanced semiconductor manufacturing, which it sees as key requirement for future economic growth […]

Nvidia Results Show Its Growing Lead in AI Chip Race

As the artificial intelligence boom takes off, Nvidia Corp is expected to emerge as the biggest – though not the only – winner in the AI chip race among chipmakers after years of focusing on the technology has made it a go-to supplier for tech firms. AI has emerged as a bright spot for investments […]

Elon Musk’s Challenge: Stay Ahead of the Competition

Elon Musk will confront a critical challenge during Tesla’s Investor Day on March 1: Convincing investors that even though rivals are catching up, the electric-vehicle pioneer can make another leap forward to widen its lead. Tesla Inc was the No. 1 EV maker worldwide in 2022, but China’s BYD and others are closing the gap […]

EU's Dombrovskis to Visit U.S. for Talks on Inflation Reduction Act

European Commission Vice President Valdis Dombrovskis will head to Washington next month for more talks about the U.S. Inflation Reduction Act (IRA), he said on Thursday, adding that discussions are unlikely to solve all the EU’s concerns about the law. Dombrovskis, the European Union’s commissioner for trade, said progress was being made in some areas […]

Top 5 Best Practices for Your Corporate Card Spending

If you’re looking to optimize your corporate card spending, there are various things you can consider to help you more accurately outline your business corporate card spending policy, and ensure your company is managing card spending effectively. In this article, we’ve put together five of the best practices to help you manage corporate card spending. […]

Ericsson to Lay Off 8,500 Employees - Memo

Telecom equipment maker Ericsson will lay off 8,500 employees globally as part of its plan to cut costs, a memo sent to employees and seen by Reuters said. While technology companies such as Microsoft, Meta and Alphabet have laid off thousands of employees citing economic conditions, Ericsson’s move would be the largest layoff to hit […]

Chips, EVs Power Biden’s Big Bet on America’s Industrial Policy

A 77-year-old factory in a hard-luck Ohio town sputtered into high gear to produce a new line of electric garbage trucks. A short drive away, construction began on a $20 billion plant that will take pizza-sized silicon wafers and make them into computer chips used in everything from data centers to cars. The two Ohio […]

Under the Business Microscope: Orange vs SFR

There is no clear winner in the french telecom sector. Yet one operator may be ahead in the race. It is not over yet. Telecom wars are more of a marathon, and the french telecom scene is no different. While Orange is a legacy name with significant backing and funds, SFR is still doing well. […]