SMIC reports profit jump, revenue growth as chip sector recovers

BEIJING (WS News) – China’s largest chipmaker Semiconductor Manufacturing International Corp reported on Thursday a 58.3% jump in third-quarter net profit as...

Italy minister open to reviewing tax hike on cryptocurrencies

ROME (WS News) – Italy’s economy minister said on Thursday he was ready to review proposals to raise a tax on...

Software provider EPAM lifts annual forecasts as IT spending rises

(WS News) – EPAM Systems lifted its annual revenue and profit forecasts on Thursday, betting on strong demand for its IT services...

Chinese rover helps find evidence of ancient Martian shoreline

WASHINGTON (WS News) – With the assistance of China’s Zhurong rover, scientists have gathered fresh evidence that Mars was home to an ocean billions...

Qualcomm advances on smartphone market revival

(WS News) – Qualcomm’s (QCOM.O) shares rose more than 8% on Thursday after the company forecast first-quarter results ahead of Wall...

Datadog raises annual forecast betting on AI-driven cybersecurity demand

(WS News) – Cloud monitoring firm Datadog raised its annual revenue and profit forecasts on Thursday, betting on accelerating demand for its...

US Cellular to sell some spectrum licenses to AT&T for $1 bln

(WS News) – United States Cellular said on Thursday it has agreed to sell a portion of spectrum licenses used to...

Jupiter has no surface. Here’s how that’s actually possible

(WS News) – The planet Jupiter has no solid ground – no surface, like the grass or dirt you tread here...

LightOn to become Europe’s first listed GenAI startup with Paris IPO

(WS News) – French generative AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Paris...

Make new friends and boost hiring: How China’s chip industry plans to deal with Trump

BEIJING/SINGAPORE (WS News) – China’s semiconductor industry is readying itself for four more combative years under Donald Trump as U.S. president...