Tech Stocks - Page 16
Stories from Tech Stocks come first, newest first, then stories from connected topics (SK Hynix, memory chips, Finance, Semiconductors, AI Chips & Compute, AI), each labelled with where it comes from. This view is not indexed by search engines.
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Tesla and Nvidia Back Samsung Electro-Mechanics Lines, Maeil Reports
Tesla and Nvidia will put 3.7tn won ($2.8bn) into Samsung Electro-Mechanics chip-substrate lines, Maeil reports. Neither Tesla nor SEMCO has confirmed it.
Meta Plans Non-Voting Shares as $9.89bn Charge Cuts Operating Income
Meta's Q3 revenue rose 26% to $64.6bn, but a $9.89bn legal charge cut operating income 37%. It also plans non-voting Class C shares from January.
Tesla’s Q3 Net Income Falls 43% to $787m as R&D Spending Jumps 69%
Tesla's Q3 revenue was flat at $28.05bn and GAAP profit fell 43% to $787m as R&D rose 69%. It says battery supply limited car volumes.
Intel Says Fab 62 in Arizona Should Start Operations by the End of 2028
Intel's foundry chief says tool installation at Arizona's Fab 62 is underway, with operations due by end-2028. Its node, capacity and cost are undisclosed.
TSMC Says It Has Halted Steel Work Across Taiwan After Four Workers Died
Four construction workers died at TSMC's new Kaohsiung fab site on 20 October. TSMC says it has suspended similar steel work at all its Taiwan sites.
Standard Chartered Agrees to Buy Zodia Custody and Spin Off Its Software Arm
Standard Chartered has signed deals to buy all of crypto custodian Zodia Custody, subject to approvals. Its software arm moves to SC Ventures.
FCA Proposes DeFi Guidance and Crypto Exclusions Before 2027 Regime
The FCA is consulting on DeFi guidance for operational resilience and financial crime, and on new crypto perimeter exclusions. Both close on 18 November.
OCC Finalises GENIUS Act Stablecoin Rule, With AML Rules Still to Come
The OCC has issued its final GENIUS Act rule for stablecoin issuers, effective 18 January 2027. AML and sanctions rules come separately with Treasury.
NVIDIA Says It Will Advance KYEC $1.1bn as Suppliers Expand Capacity
NVIDIA says six suppliers will expand substrate, packaging, testing and optics capacity, including a $1.1bn advance for KYEC's US test plants.
Musk Sets ‘Very Aggressive’ Terafab Dates and a 13GW SpaceX Compute Goal
Musk says SpaceX expects about 3GW of compute by year-end and 10GW more in 2027, with a first Terafab test chip by mid-2027. All are targets.
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