Tag: Bloomberg
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...
TSMC revenue climbs 39% in latest sign of AI spending boom
Taiwan Semiconductor Manufacturing Co.’s revenue rose a better-than-anticipated 39% in the June quarter, buoying expectations for a sustained post-ChatGPT boom in AI spending.
Sales for...
Trump threatens 10% tariff for ‘anti-American’ BRICS policies
President Donald Trump said he would put an additional 10% tariff on any country aligning themselves with “the Anti-American policies of BRICS,” injecting further...
