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24 Jul 2024

ASM International Reports Strong Q2 2024 Results Amid Semiconductor Industry Rebound

ASM International N.V. announces robust financial performance for Q2 2024, with significant growth in revenue and orders, reflecting a positive turnaround in the semiconductor industry.

2 Sources

Meta Quest 3 to Receive AI Upgrades, Challenging Apple's Vision Pro

Meta is set to introduce AI-powered features to its Quest 3 VR headset, including advanced chatbot capabilities and computer vision. This move positions Meta to compete directly with Apple's upcoming Vision Pro headset.

9 Sources

ASMI Raises Quarterly Guidance as AI Demand Offsets Chinese Sales Decline

ASM International NV (ASMI) has increased its quarterly revenue guidance, citing strong demand for artificial intelligence (AI) chips that has compensated for a drop in sales to China. This development highlights the growing importance of AI in the semiconductor industry.

3 Sources

CES 2025 Preparations Begin: Taiwan's Tech Industry Gears Up for Global Showcase

The Consumer Technology Association (CTA) has announced the commencement of preparations for CES 2025. Taiwan's tech industry, a significant player in the global electronics market, is already making plans to showcase its latest innovations at the event.

2 Sources

Apple's Foldable iPhone: A Potential 2026 Release Amidst Skepticism

Apple is reportedly working on a foldable iPhone, with a potential release as early as 2026. However, the project faces challenges and skepticism from industry experts.

15 Sources

Visa's AI-Powered Fraud Prevention Blocks $40 Billion in Fraudulent Transactions in 2023

Visa's advanced AI systems successfully prevented $40 billion worth of fraudulent transactions in 2023, highlighting the growing importance of artificial intelligence in combating cybercrime in the financial sector.

4 Sources

Semiconductor Materials Supplier Soitec Reports Q1 Sales Slump

French semiconductor materials supplier Soitec experiences a significant drop in Q1 sales, citing weak smartphone market and high inventory levels. The company maintains its full-year outlook despite the challenges.

3 Sources

iRobot Unveils Advanced 2-in-1 Roomba with Self-Cleaning Mop and Matter Support

iRobot introduces the Combo j9+, a cutting-edge robot vacuum and mop with self-cleaning capabilities and Matter compatibility, revolutionizing smart home cleaning.

2 Sources

Bitcoin Price Predictions: Top Traders Forecast Accumulation and Potential Surge to $100K

Top cryptocurrency traders share their insights on Bitcoin's price movements, predicting a period of accumulation below $70,000 before a potential surge to $100,000. Key levels and triggers for buying are identified.

2 Sources

Data Centers in Ireland Surpass Residential Power Consumption

Ireland's data centers now consume more electricity than all households combined, raising concerns about energy sustainability and grid pressure.

3 Sources

Nvidia Titan AI: The Rumored Next-Gen GPU Powerhouse

Rumors suggest Nvidia may revive its Titan series with a new AI-focused GPU. This potential powerhouse could outperform the anticipated RTX 5090, featuring advanced specs and a hefty price tag.

4 Sources

BlaqClouds Inc. Launches Revolutionary Blockchain-Based AI Enterprise

BlaqClouds Inc. unveils a groundbreaking blockchain-based AI enterprise, aiming to revolutionize various industries with its innovative technology and strategic partnerships.

2 Sources

TikTok Lite App Raises Safety Concerns for Millions of Users Worldwide

A recent study reveals that TikTok Lite, a stripped-down version of the popular social media app, lacks crucial safety features, potentially endangering millions of users globally.

2 Sources

Commvault Appoints Pranay Ahlawat as Chief Technology and AI Officer

Commvault, a leading enterprise data protection company, has strengthened its leadership team by appointing Pranay Ahlawat as the new Chief Technology and AI Officer. This strategic move aims to accelerate the company's AI-driven innovation and product development.

3 Sources

Supermicro's Liquid Cooling Innovation Boosts AI Computing Power

Supermicro, a leader in AI infrastructure, has introduced liquid cooling technology that increases computing power by 30% without additional energy consumption. This development comes as the AI industry faces growing power demands and environmental concerns.

2 Sources

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