Tag: maker
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Dow layoffs: Chemicals maker to slash 4,500 jobs amid sluggish demand — here’s what we know
Chemicals maker Dow announced that it will cut around 4,500 roles, or 13% of the company's total workforce, under a sweeping restructuring aimed at...
Taiwan computer chip maker TSMC’s to expand investment as profit jumps 35%
Taiwan-based TSMC, the world’s largest computer chip maker, plans to increase its capital spending by as much as nearly 40% this year after it...
SoftBank completes $41 billion OpenAI investment, to hold 11% stake in ChatGPT maker
SoftBank on Wednesday announced it had completed its $41 billion investment in OpenAI in one of the largest private funding rounds in history. With...
$20 billion, all cash! Inside Nvidia’s biggest Christmas shopping spree ever to acquire Trump Jr-backed AI chip maker
In 2019, Jensen Huang's Nvidia bought Israeli chip designer Mellanox for a little less than $7 billion, making hat its biggest acquisition at the...
Ather Energy shares jump 7% as EV maker forays into auto insurance
Shares of Ather Energy gained as much as 7.11% after the company on Friday, December 19, announced its plans to venture into the auto...
