Intel to invest up to 80 billion euros to increase EU chip capacity: CEO Pat Gelsinger

Intel said it could invest up to EUR 80 billion (about INR 6,97,050 crores) over the next decade to increase chip capacity in the European region and will open its semiconductor plant in Ireland to automakers. Intel CEO Pat Gelsinger, speaking at the IAA Motor Show in Munich, also said the company will announce the … Read more

How CoinSwitch is making it easier for Indians to invest in cryptocurrencies

Day by day, it is becoming increasingly difficult to ignore the growing rise of Bitcoin and other cryptocurrencies around the world. Investing in cryptocurrencies is one of the newest ways to increase your wealth. But how do you do it? How do you choose a cryptocurrency purse you can trust? What is a cryptocurrency exchange? … Read more

Didi denies reports that China is coordinating companies to invest in it

Chinese giant Didi Global said on Saturday that media reports that the Beijing city government is coordinating companies to invest in it are not accurate. “Didi is currently actively and fully cooperating with the cybersecurity investigation. Foreign media reports that the Beijing city government is coordinating companies to invest in it are incorrect,” the document … Read more

Didi could come under Chinese state control, Beijing proposes government-run companies to invest in company: report

The city of Beijing is considering putting Didi Global under state control and has proposed that state-owned companies invest in the Chinese pedestrian company, Bloomberg News reported. The central thrust of the Beijing city government’s proposal is to regain control over one of its biggest corporations, and particularly the data it holds, said Friday’s Bloomberg … Read more

SMIC to invest $8.87 billion in new chip factory in Shanghai

SMIC will invest $8.87 billion (about INR 64,830 crores) to build a chip factory in Shanghai, expanding capacity amid a global chip shortage, while Beijing pushes to increase independence in the sector. The expansion of China’s biggest chip maker comes as shortages have shaken the auto and electronics industries, spurring new capacity plans by companies … Read more

Should you invest in cryptocurrency?

Everyone wants to invest in encryption. Including my maid’s 14 year old son. Real story. always ask me as the to invest in encryption. But I think the most important question people should ask me is: “He must Do I invest in encryption? ”. Crypto is a new, small, highly immature and extremely volatile market. … Read more

Samsung will invest KRW 240 trillion over next three years; Expand on AI, Robotics, More Industries

The Samsung Group will invest KRW 240 trillion (about INR 15,26,645 crores) over the next three years to expand its footprint in the biopharmaceutical, artificial intelligence, semiconductor and robotics industries in the post-pandemic era, Samsung Electronics said. South Korea’s biggest conglomerate said on Tuesday that investments through 2023 should help Samsung strengthen its global position … Read more