
Samsung Gains Interest from BYD, Google, AMD as AI Chip Demand Strains TSMC Capacity
Jun 17, 2026 04:42 am UTC| Business Technology
Samsung Electronics is attracting growing attention from major global technology companies as demand for advanced semiconductor manufacturing continues to exceed available capacity at Taiwan Semiconductor Manufacturing Co....

Jun 17, 2026 03:27 am UTC| Business Technology
Kingboard Holdings Ltd. (HK:0148), one of Chinas leading circuit board and laminate manufacturers, announced on Wednesday that its subsidiary, Kingboard Laminates Holdings Ltd. (HK:1888), has entered into a block trade...

Jio IPO Filing Nears as Reliance Targets $4 Billion Market Debut
Jun 17, 2026 03:07 am UTC| Business
Reliance Jio Infocomm, Indias largest telecom operator, is reportedly preparing to file draft documents for an initial public offering (IPO) valued at approximately $4 billion, according to a report by the Financial Times...

SoftBank Shares Drop as OpenAI Losses and Rising Costs Spark Investor Concerns
Jun 17, 2026 02:48 am UTC| Business Technology
SoftBank Group Corp. (TYO: 9984) shares fell sharply on Wednesday after new reports highlighted growing concerns about OpenAIs financial performance and increasing cash burn, raising questions about the value of SoftBanks...

G7 Explores AI Access Deal With U.S. Amid Anthropic Restrictions
Jun 17, 2026 02:23 am UTC| Politics Business Technology
Leaders of the Group of Seven (G7) nations are discussing a proposal that could give selected trusted partners access to advanced artificial intelligence models developed by U.S. companies such as Anthropic, according to...

Trump Administration Delays DeepSeek and CXMT Trade Blacklist Designations Amid U.S.-China Tensions
Jun 17, 2026 01:44 am UTC| Business Technology Politics Governance
The Trump administration has postponed plans to add Chinese artificial intelligence company DeepSeek and memory chip manufacturer ChangXin Memory Technologies (CXMT) to the U.S. Commerce Departments Entity List, according...

SpaceX Surpasses Amazon in Market Value as Post-IPO Rally Accelerates
Jun 17, 2026 01:38 am UTC| Business Technology
SpaceX (NASDAQ: SPCX) continued its remarkable post-IPO surge on Tuesday, climbing 4.83% to close at $201.80 per share and pushing its market capitalization to approximately $2.65 trillion. The milestone allowed SpaceX to...