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Markets


Broadcom's AI Chip Revenue Triples as Its Custom-Silicon Bet Reshapes the Business
Broadcom reported $16.7 billion in quarterly AI semiconductor revenue, up 221%, while total revenue reached $29.6 billion and its next-quarter outlook rose.
Sep 73 min read


Hyundai-POSCO Launches $5.8 Billion Louisiana Steel Mill Project
Hyundai Steel and POSCO have launched a $5.8 billion electric-arc-furnace mill project in Louisiana, targeting production in 2029 after permits and construction.
Sep 63 min read


U.S. Hiring Surges by 162,000, Reopening the Debate Over the Fed's Next Move
U.S. employers added 162,000 jobs in August while unemployment held at 4.1%, a stronger report that shifted attention back to inflation and interest rates.
Sep 53 min read


Fed Governor Waller Says September Rate Decision Hinges on Inflation Data
Federal Reserve Governor Christopher Waller says August inflation data could determine whether he supports holding rates steady or considers another increase.
Sep 43 min read


Google Avoids an Ad-Tech Breakup but Faces Court-Ordered Business Changes
A federal judge rejected a forced sale of Google's AdX exchange while ordering behavioral remedies in the Justice Department's ad-tech antitrust case.
Sep 33 min read


Chevron Plans $7 Billion Venezuela Expansion to More Than Double Oil Output
Chevron says updated joint-venture terms and new Orinoco Belt acreage will support a five-year investment program exceeding $7 billion.
Sep 23 min read


Diodes Completes $250 Million ElevATE Deal to Expand in Chip Testing
Diodes has completed its $250 million acquisition of ElevATE Semiconductor, adding technology used in advanced automated chip-testing systems.
Aug 313 min read


Apple TV Raises U.S. Price to $14.99 as Streaming Costs Keep Climbing
Apple TV now costs $14.99 a month in the United States, with its annual plan rising to $119 as streaming prices continue to climb.
Aug 303 min read


Nvidia’s Revenue Reaches $96.2 Billion as the AI Infrastructure Boom Accelerates
Nvidia reported $96.2 billion in fiscal second-quarter revenue, up 106% from a year earlier, and forecast about $108 billion for the current quarter.
Aug 283 min read
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