142 new news items in the last 24 hours

31 July 07:17

Foxconn took a 10% stake in TECO, marking its entry into the estimated $1 trillion AI data center market.

Raluca Ioana Draghici

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Science IT&C

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Foxconn, known for assembling iPhones, has announced a strategic alliance with TECO Electric & Machinery, taking a 10% stake. This collaboration aims to provide complete AI data center solutions from design to execution. Foxconn, a partner of Nvidia, has seen a doubling of its AI server revenue and aims to expand not only in Asia, but also in the US and the Middle East. The move reflects the company's strategy to diversify into emerging areas.

Sources

Foxconn, principalul asamblator de iPhone-uri ale Apple intră pe piaţa de 1.000 de miliarde de dolari a centrelor de date AI printr-o alianţă strategică

Foxconn intră pe piaţa de 1.000 de miliarde de dolari a centrelor de date AI printr-o alianţă strategică

ȘTIRI PE ACELEAȘI SUBIECTE

Economy

Nvidia and AMD have agreed to transfer 15% of revenues from chip sales in China to the US government, in exchange for export licenses.

International

After a period of accelerated expansion due to unprecedented demand for processors intended for artificial intelligence, Nvidia announces a revenue forecast of approximately 54 billion dollars for the third quarter, slightly below investors' expectations.

Science IT&C

Apple has started production of the iPhone 17 in India, including at new factories, to lessen dependence on China and reduce the impact of tariffs.

Science IT&C

Alibaba is working on a chip designed for AI applications, focused on inference, without the intention of selling it abroad, in the context of tensions between the USA and China.

International

The Chinese semiconductor company Cambricon recorded a 4,000% increase in revenue in the first half of the year. This performance highlights the efforts of Chinese companies to become alternatives to Nvidia.

International

The Trump administration is discussing buying a 10% stake in Intel, causing the company's shares to fall 3.8%.

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