Tag: Business
Intel kicks off €80 billion EU investment with semiconductor mega-site in Germany
Construction expected to begin on new fabs in Magdeburg, Germany, in the first half of 2023.
Nvidia abandons Arm acquisition
$40 billion deal scrapped as Arm reveals plans to pursue an IPO instead.
Sony to acquire Bungie for $3.6 billion
High-profile game studios continue to be snapped up at a feverish pace.
PC gaming market shrugs off GPU shortage as hardware sales skyrocket
Consumer spending hit $5.74 billion in 2021, an increase of 25 per cent.
Microsoft posts record $51.7 billion Q2 revenue
Strong growth across all major product groups, with cloud continuing to lead the way.
Nvidia’s $40 billion Arm acquisition in doubt
Company concedes transaction unlikely to close as current owner reconsiders IPO.
Intel announces $20 billion Ohio chipmaking mega-site
Two new Midwest factories to help quell semiconductor shortages.
Netflix stock drops by 20 per cent over subscriber fears
Misses subscriber growth by 202,000 in Q4 2021; stock tumbles.
Microsoft announces $68.7 billion acquisition of Activision Blizzard
Huge announcement viewed as yet another string in the Xbox Game Pass bow.
Physical media moves closer to extinction as Tesco pulls plug on CDs and DVDs
Reports suggest that CDs and DVDs could be removed from store shelves as soon as next month.
PC market boom continues with highest level of shipments since 2012
348.8 million PCs were shipped in 2021, signalling 15 per cent year-on-year growth.
SK hynix will rebrand acquired Intel SSD business as Solidigm
The new brand name just trips off the tongue, doesn't it?
