Boom
AI fuels cloud computing boom for tech giants
Three of Wall Street’s heavyweight technology firms have reported better-than-expected sales at their cloud computing units in recent days, as interest in artificial intelligence (AI) drives a rebound in...
SK Hynix expects full chip recovery after Q1 earnings surprise on AI boom
SOUTH Korea’s SK Hynix said it expected a full recovery in memory chips on artificial intelligence (AI) demand, posting its highest profit in nearly two years on sales of...
China’s bubble tea boom creates a half-dozen billionaires
ARE you a fan of bubble tea? Love it or hate it, you probably know a millennial or Gen Zer who’s crazy about the cloyingly sweet drink filled with...
China’s bubble tea boom creates a half-dozen billionaires
ARE you a fan of bubble tea? Love it or hate it, you probably know a millennial or Gen Zer who’s crazy about the cloyingly sweet drink filled with...
Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom
MARINA Bay Sands (MBS) reported a record performance in the first quarter of 2024, with profit surging 51.5 per cent year on year.Its adjusted property earnings before interest, taxes,...
TSMC posts first profit growth in a year after global AI boom
TAIWAN Semiconductor Manufacturing Company (TSMC) posted its first profit rise in a year, after strong artificial intelligence (AI) demand revived growth at the world’s biggest contract chipmaker.The main chipmaker...
Generative AI boom will be built on AWS: Amazon CEO
AMAZON.COM chief executive officer Andy Jassy said his company’s cloud infrastructure will become an essential part of the generative artificial intelligence boom.
“While we’re building a substantial number of GenAI...
TSMC’s Q1 revenue rise beats market expectations on AI boom
TAIWAN chipmaker TSMC reported a 16.5 per cent rise in first-quarter revenue on Wednesday (Apr 10) beating market expectations and at the high end of the company’s own guidance...
