Trump Media Says Truth API Draws 10+ Customers as Conflict Concerns Grow 
Oil Prices Fall as U.S. Crude Inventories Surge and Hormuz Tensions Persist 
Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts 
SMIC Shares Rally as Q2 Profit Surges 262% on Strong Chip Demand 
Apple Develops China-Specific AI Model With Alibaba as Apple Intelligence Launch Nears 
US Dollar Slips as Weak Retail Sales Reduce Fed Rate Hike Bets 
Bill Ackman’s Pershing Square Returns to Netflix With Major New Stake 
Super Micro Stock Jumps 19% as AI Server Demand Drives Strong 2027 Outlook 
SpaceX Shares Surge as Wall Street Backs AI Growth Potential 
China Automakers Accelerate Global Expansion as Domestic Car Sales Slump 
US Dollar Slips as Softer PPI Data Eases Fed Rate Hike Expectations 
Cisco Forecasts Strong Fiscal 2027 Growth as AI Networking Demand Surges 
Gold Prices Rise as Weak US Retail Sales Cut Fed Rate Hike Bets 
Bank of America to Buy Up to 49.9% Stake in Jio Credit for $1.92 Billion 
Micron Stock Upgraded to Buy as New Street Sees $2 Trillion Valuation Potential 
Australia’s Corporate Leaders Face Parliament Over KPMG Client Data Scandal 
Cloudflare Stock Jumps 15% as Earnings Beat Estimates, 2026 Outlook Raised 
Add as a preferred source on Google
Toshiba Electronic Devices & Storage Corporation will begin constructing a power semiconductor production facility at its Himeji plant in Hyogo Prefecture in June 2024.
Production is set to start in spring 2025.
The project will more than double Toshiba’s automotive power semiconductor production capacity at Himeji.
Power devices are essential components for managing and reducing power consumption in all kinds of electronic equipment and for saving energy.
The demand for low-voltage MOSFETs (metal oxide semiconductor field effect transistors), a Toshiba specialization, is expected to grow with increased demand for electric vehicles and industrial equipment automation.
