Seoul, April 28 (IANS) Seoul stocks briefly topped the 6,700-point level on Tuesday, set to reach another milestone, driven by large-cap tech shares ahead of earnings releases from big US tech companies.The benchmark Korea Composite Stock Price Index (KOSPI) hit an intraday high of 6,712.73 points in the morning session, reports Yonhap news agency.The new peak came ahead of first-quarter earnings releases from the Magnificent 7 (M7) companies in the United States, including Apple, Microsoft and …
Latest Intel News & Updates
Bengaluru, March 31 (IANS) The Karnataka Energy Department has initiated a series of measures to ensure reliable and uninterrupted power supply to Intel’s SRR4 campus in Bengaluru, following a high-level review meeting chaired by Additional Chief Secretary (Energy) Gaurav Gupta, stated an official release on Tuesday. The SRR4 campus, a key part of Intel India’s research and development and engineering operations, plays a critical role in the company’s global activities. It is among I…
Sanand (Gujarat), March 31 (IANS) Union Electronics and Information Technology Minister Ashwini Vaishnaw on Tuesday said four semiconductor plants are expected to be ready in India by 2026, as he outlined an accelerated roadmap for the sector following the inauguration of a new facility in Gujarat.In comments after Prime Minister Narendra Modi inaugurated the Kaynes Semicon’s OSAT plant in Sanand, Vaishnaw said: “In 2026, four plants will be ready, and two plants in 2027. India’s first fabrica…
New Delhi, March 26 (IANS) Nokia on Thursday announced key leadership changes in India, appointing Samar Mittal as India Country Business Leader and Vibha Mehra as India Country Manager, effective April 1. The move is part of the company’s renewed strategy to strengthen its presence and sharpen its business focus in the country.In his new role, Samar Mittal will lead Nokia’s business strategy in India, focusing on expanding the company’s partnerships with telecom operators, as well as play…
New Delhi, March 18 (IANS) India is emerging as a key player in the global semiconductor ecosystem, not because of large chip manufacturing plants, but due to its strong pool of engineering talent and growing design capabilities, a report has said.For years, countries like Taiwan and South Korea have dominated discussions around semiconductor alliances because of their advanced fabrication facilities, while Japan has been known for its strength in materials and equipment.In comparison, India has…
New Delhi, Feb 18 (IANS) India’s strength in AI will not come from isolated breakthroughs, but from connected ecosystems, NITI Aayog’s Atal Innovation Mission, Director Deepak Bagla said on Wednesday.At Atal Innovation Mission (AIM), “we are building bridges between startups and mentors, innovators and investors, policy and practice”, he added.”When these connections come together with purpose, AI stops being a tool and becomes a national movement. That is how India will not just use AI, but l…
Washington, Jan 29 (IANS) US President Donald Trump has claimed a surge in investment, record stock market gains, and strong backing from major technology, finance, and consumer companies, as he argued the United States is entering an unprecedented economic expansion.Speaking at the Treasury Department’s Trump Accounts Summit on Wednesday (local time), Trump said more than “$18 trillion” in investment is flowing into the US, driving large-scale construction across industries from automobil…
Washington, Jan 29 (IANS) US President Donald Trump on Wednesday unveiled a new federal initiative called “Trump Accounts,” saying the programme would provide every newborn American child with a government-funded investment account to give families a financial head start from birth.Speaking at the Treasury Department’s Trump Accounts Summit, Trump said the initiative would “give every newborn American child a financial stake in the future,” calling it a way to ensure that children begi…
New Delhi, Jan 13 (IANS) The global semiconductor revenue reached $793 billion globally in 2025, marking an increase of 21 per cent year‑on‑year, a report said on Tuesday.The report from tech research company Gartner said that AI semiconductors — including processors, high‑bandwidth memory and networking components — drove the growth and accounted for nearly one‑third of total sales in 2025.“This domination is set to rise as AI infrastructure spending is forecast to surpass $1.3 tr…
Chennai, Jan 10 (IANS) The Tamil Nadu government’s ambitious free laptop distribution scheme for college students has gathered pace, with the first phase set to be completed by the end of February. The initial rollout aims to benefit 10 lakh students across the State, and nearly two lakh laptops have already reached eligible beneficiaries, officials said.The programme, implemented through the Electronics Corporation of Tamil Nadu (ELCOT), is part of the State’s wider push to bridge the digital d…