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The Latest Breaking News on Asian tech

Tech-ing it beyond Hyderabad: IT Tower opened in Telangana’s Suryapet

The State government is pursuing a vision to create 50,000 jobs in tier-II and tier-III cities, said Minister K.T.Rama Rao who inaugurated the IT hub.

The Hindu

Taiwan Semiconductor Manufacturing (TSM) - October Buy, Sell or Hold?

While chip behemoth Taiwan Semiconductor Manufacturing (TSM) pushes its overseas operations, delays at its Arizona facility are clouding its prospects. Amid this, should you buy, sell, or hold the stock in October? Let’s look at its financial metrics to know more….

StockNews.com

Children with potential selected for free top-notch online education

PPCA, an NGO, has selected 250 students from North Karnataka for national merit-cum-means scholarships. They will receive free online education, a Tablet PC, and access to Pratibha Sammelan and Pratibha Milaap activities. RCF will spend ₹70,000 per student for two years. The aim is to reduce inequalities in education and…

The Hindu

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Micron plant groundbreaking on September 23: MoS Chandrasekhar

Micron Technology, Inc. to build $2.75 billion semiconductor plant in Gujarat, with Union & State govt subsidies, says Ashwini Vaishnaw, He expects output by December 2024

The Hindu

Onus of ensuring inclusion of all citizens in welfare schemes on governments: Experts

At the Trustworthy digital identity international conference by International Institute of Information Technology Bangalore and Alan Turing Institute, experts highlighted the need for inclusion being the northstar while designing a universal digital ID system.

The Hindu

Corporate companies show interest in procuring metro cards in bulk, says BMRCL

BMRCL offers bulk purchase of metro cards to corporate companies to boost ridership and reduce traffic congestion. ORRCA proposed integrated pass for BMTC and metro with one card. BMTC previously collaborated with IT parks and companies to promote Vajra AC services.

The Hindu

Toshiba to go private as $13.5 billion buyout offer succeeds

Private equity fund Japan Industrial Partners Inc.’s successful tender offer for Toshiba Corp paves the way for a ¥2 trillion ($13.5 billion) buyout that would end the electronics group’s 74-year-long run as a listed entity.

The Times of India

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Stock market today: Asian shares decline ahead of Fed decision on rates

Asian shares are mostly lower as markets await a decision by the Federal Reserve on interest rates

The Independent UK

State governors from Arizona, New Mexico seek stronger economic ties with Taiwan

Governors from the Southwestern United States are pursuing stronger business ties with Taiwan in hopes of attracting new foreign investments and jobs to their landlocked states

The Independent UK

SC asks HCs, tribunals to give affidavits on whether they are continuing with hybrid mode of hearing

The Supreme Court on Friday directed the Registrar Generals of State High Courts to inform it whether the hybrid system of court hearings, which allows litigants and lawyers to appear either physically or virtually, is continuing or not. The Bench gave the High Courts and Tribunals two weeks to file…

The Hindu

Advanced Micro Devices (AMD), Qualcomm (QCOM) and Taiwan Semiconductor Manufacturing (TSM): Buy or Sell?

The chip industry is well-positioned for growth due to increasing demand, rapid adoption of advanced technologies, and government support. To that end, it could be wise to buy fundamentally strong semiconductor stocks, Taiwan Semiconductor Manufacturing Company (TSM) and Qualcomm (QCOM). However, Advanced Micro Devices (AMD) might be best avoided. Keep…

StockNews.com

UK chip designer Arm seeks $52bn valuation in New York listing

Stock exchange float will raise less than owner SoftBank hoped, but could still be biggest IPO of year

The Guardian - UK

American optical lasers manufacturer Coherent Corp. selects Chennai to establish its global centre of excellence in India

Coherent Corp. to set up Centre of Excellence in Chennai, TN, with IITMRP & Guidance TN. CoE to focus on lasers, optical networking, EV batteries & semiconductor devices. Coherent Corp. has R&D, mfg, sales & distrib. facilities in 20+ countries. TN's vibrant ecosystem, talent pool & pioneering academic institutions make…

The Hindu

Delhi HC grants bail to former CMD of Amrapali in cheating case

Delhi HC grants bail to former Amrapali Group CMD Anil Kumar Sharma, arrested in case of cheating homebuyers. HC said no useful purpose will be served by keeping him in custody, citing 50 witnesses cited by prosecution and him having undergone one half of maximum sentence.

The Hindu

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StockNews.com

Building Your September Watchlist? Don’t Overlook These 3 Chip Stocks

The global semiconductor market thrives on the demand from consumer electronics and emerging technologies like AI and IoT, driving the need for advanced memory chips. In light of this, fundamentally sound chip stocks like ASE Technology (ASX), inTEST Corp. (INTT), and Diodes Inc. (DIOD) could be added to your watchlist…

StockNews.com

3 Semiconductor Stocks in Buy Territory

The semiconductor industry is well-placed for significant profitability and expansion, thanks to rising chip demand across various sectors and the backing of government policies and funding. Therefore, it could be wise to invest in quality semiconductor stocks Applied Materials (AMAT), NXP Semiconductors (NXPI), and Nikon (NINOY) for solid returns. Read…

StockNews.com

Which Chip Stock Is the Better September Buy: Intel (INTC) vs. Taiwan Semiconductor Manufacturing (TSM)

Amid rising chip demand across multiple sectors, let us explore the prospects of two prominent players in the semiconductor industry, Intel (INTC) and Taiwan Semiconductor (TSM), to identify the better buy in the coming month. Read more….

The Guardian - US

‘They would not listen to us’: inside Arizona’s troubled chip plant

Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns

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The Hindu

Top news developments in Karnataka on August 28, 2023

The Hindu

Apollo Hospitals plans new hospitals, 2,000 more beds over the next few years

Tom’s Hardware

China Imports $5 Billion Worth of Chipmaking Tools: Report

Chinese companies continue to be among top wafer fab equipment buyers despite sanctions.

The Hindu

Online RTI portal of Telangana goes live

The Hindu

Kerala trains its sights on becoming hub of graphene research and development

The Hindu

A ‘fab’ way to conduct India-Japan tech diplomacy

The India-Japan partnership is poised to play a pivotal role in shaping the global semiconductor landscape

StockNews.com

4 Semiconductor Stocks BETTER Than Advanced Micro Devices (AMD)

Advanced Micro Devices’ (AMD) outlook for the third quarter was weaker than expected. Moreover, the company’s second-quarter performance was hampered by weak PC sales. However, given the semiconductor industry’s solid growth prospects, it could be worth investing in fundamentally strong semiconductor stocks Applied Materials (AMAT), Marvell Technology (MRVL), STMicroelectronics (STM),…

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