Enterprise

The semiconductor industry has witnessed a remarkable surge in stock performance, particularly following the announcement from Foxconn, the contract electronics titan. With the company revealing record fourth-quarter revenues, analysts and investors are left pondering the prospects of an ever-expanding artificial intelligence (AI) market. Foxconn, officially known as Hon Hai Precision Industry Co., reported a stunning
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In a move signaling its commitment to advancing artificial intelligence (AI), Microsoft has announced plans to invest a staggering $80 billion in fiscal year 2025 to expand its data center capabilities. This investment underscores the company’s aim to bolster its infrastructure capable of handling AI workloads, with over 50% of this capital expected to be
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Recent reports indicate a significant decline in the sales of foreign smartphone brands within China. According to data from the China Academy of Information and Communications Technology (CAICT), shipments of devices from foreign manufacturers realized a stark drop in November, falling to just 3.04 million units. This figure marks a staggering 47.4% decrease compared to
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As we navigate the ever-evolving landscape of technology and entrepreneurship, CNBC is once again gearing up to spotlight the vanguards of innovation. The 2025 Disruptor 50 list represents the thirteenth edition of this prestigious compilation, aimed at recognizing the most trailblazing, venture-backed companies that are leveraging groundbreaking technologies to address escalating economic and consumer challenges.
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As the Chinese New Year approaches, Apple has made a noteworthy decision by introducing attractive discounts on its high-end iPhone models and other products. This strategy reflects the intensifying competition within a market that is critical for the company’s success. The Cupertino-based giant is offering reductions of 500 Chinese yuan (approximately $68.50) on flagship models
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2024 has been an extraordinary year for cryptocurrencies, particularly Bitcoin, which has emerged as the star player in the financial markets. With the introduction of favorable Exchange-Traded Funds (ETFs) and a shift in the political climate, Bitcoin has soared to unprecedented heights, demonstrating its potential to shape the economic landscape. While the digital asset has
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