Tag: Bloomberg
China AI chip leader Cambricon sees record earnings boost from DeepSeek
Cambricon Technologies Corp. swung to a record profit in the first half, reflecting a wave of demand for Chinese chips after Beijing encouraged the...
Japan suspends some parcel deliveries to U.S. due to Trump tariffs
Japan Post Co. will suspend shipping of some small packages to the United States due to fresh tariffs imposed by the US government, in...
Trump says U.S. has much bigger leverage over China on magnets
President Donald Trump said the U.S. has more leverage over China on trade than the other way around, citing airplane parts as a key...
Trump’s administration may look to buy a stake in Intel
Intel has had some recent struggles in delivering results for its shareholders, but the company could soon be answering to an additional boss. The...
Apple’s ‘tabletop robot’ companion rumored for 2027 launch
Apple is still hard at work on becoming a relevant player in AI. The latest missive from Mark Gurman at suggests that Apple...
TSMC secrets leak puts Japan’s Tokyo Electron on hot seat
A Taiwanese investigation into the possible theft of chip technology at Taiwan Semiconductor Manufacturing Co. is putting a low-profile, lesser-known tech linchpin in Japan...
Trump says Japan to import Ford’s huge F-150 pickup trucks
Donald Trump said Japan would accept imports of Ford’s huge F-150 pickup trucks, in the latest sign that the two countries are at odds...
SoftBank stakes in Nvidia, TSMC show Son’s focus on AI gear
SoftBank Group Corp. is building up stakes in Nvidia Corp. and Taiwan Semiconductor Manufacturing Co., the latest reflection of Masayoshi Son’s focus on the...
Indonesian growth unexpectedly jumps 5.12%, defying weak lending
Indonesia’s second-quarter growth unexpectedly accelerated to the fastest pace in two years, with exports and investment helping an economy that’s beset by weak loan...
Alibaba risks deepening $100 billion rout as turf war heats up
A protracted battle in China’s food-delivery market has chopped $100 billion in market value from Alibaba Group Holding Ltd., with no end in sight...