Intel was once the world’s largest semiconductor company, but its market cap plummeted in recent years as the chipmaker fell behind Taiwan Semiconductor Manufacturing Co. and spent billions of dollars trying to catch up. Now, Intel has entered high-volume production of 18A, the new chip node it says will turn …
Australian stocks extend gains after RBA rate cut Australia’s benchmark S&P/ASX 200 added 0.28% to 8,869.70 as of 2:45 p.m. Australian Eastern Standard Time (12:45 p.m. ET), after the Reserve Bank of Australia cut rates by 25 basis points. Stock Chart IconStock chart icon S&P/ASX The benchmark had hit a …
Masayoshi Son, CEO of SoftBank, speaks during the company’s annual general meeting in Tokyo on June 20, 2024. Kosuke Okahara | Bloomberg | Getty Images SoftBank Group shares hit a record high on Thursday, just as the company’s massive tech investment arm shows signs of recovery and its outspoken founder …
