Explosives Maker Orica Backs Australia’s Biggest Green Hydrogen Project
The company that supplies much of the explosives used to blast ore out of Australian mines has decided that its future also runs on hydrogen. Orica, the Melbourne-based maker of…
Siemens to Spend 300 Million Euros on German Plants for AI-Era Technology
Construction crews will begin work this month on a new Siemens supplier facility in Offenbach, outside Frankfurt, one of three projects the German industrial group announced on July 1 as…
Panasonic to Spend 500 Billion Yen on AI as It Trims Appliances
The company that once defined Japanese consumer electronics, with the VCR, the plasma television and a name that appeared on millions of kitchen counters, is spending its way into the…
U.S. PC Shipments Fall 7% as Memory Costs Bite and Upgrade Cycle Fades
The corporate buyer who refreshed his company’s laptops in 2024, when Windows 11 upgrades were rolling out and prices were reasonable, is not buying again this year. Neither, it seems,…
TSMC Posts Record Quarterly Revenue and Locks In Amkor Packaging Deal
The numbers landed ahead of expectations despite a currency headwind. Taiwan Semiconductor Manufacturing Co. reported second-quarter revenue of NT$417 billion, about 12.8 billion dollars, a record for the company and…
Chip Makers Push Through Another Round of Price Increases
Procurement managers across Asia opened revised price lists on July 1 to find increases from nearly twenty suppliers of analog and power semiconductors, the latest in a series of staggered…
ON Semi’s $7 Billion Bet on the Physical World
The announcement landed on a Thursday morning from Scottsdale, Arizona, and it was the largest deal ON Semiconductor had ever done. The chipmaker, known to investors as ON Semi, agreed…
Heat Waves Push Data Centers to the Brink
Patrick McBride spent the week watching thermometers the way other underwriters watch balance sheets. McBride, who runs international building-construction insurance at Zurich, said extreme weather has become the leading cause…
Micron Draws ‘New Nvidia’ Comparisons as Memory Costs Reshape AI Economics
Barron’s called it the “new Nvidia.” In a deep-dive analysis this week, the financial weekly argued that Micron, the memory-chip maker, now occupies the position Nvidia held at the start…
Italy Opens Antitrust Probe Into Microsoft 365 Auto-Upgrades
Italy’s competition authority has opened an investigation into Microsoft over the automatic upgrade of Microsoft 365 users to pricier AI-enabled subscription tiers, according to Reuters. The probe focuses on whether…
