Broadcom expects high revenue

Note: This section contains information in English only.
Source: Dukascopy Bank SA
The tech company Broadcom has revealed that it expects to earn $10 billion from AI chips in 2024. However, the company's stock declined, as the markets expected even larger revenue forecasts.
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Mon, 11 Mar 2024 11:30:05 GMT

Chinese chip firms use US technology

Bloomberg has reported that Chinese firms SMIC and Huawei have used United States technology to make their advanced chips. The required machinery had been provided by two US firms prior to the implementation of the legal export ban of such tech.

Mon, 11 Mar 2024 07:30:04 GMT

Meta faces sanctions in South Korea

Yonhap news have reported that South Korean regulators have been considering sanctioning Meta for failing to protects users of the firm's online marketplaces.

Mon, 11 Mar 2024 05:30:04 GMT

Japanese households reduce spending

Data for January has revealed that Japanese household spending has experienced the biggest decline since February 2021.

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