Catenaa, Tuesday, July 01, 2025- Two Chinese AI chip startups are seeking to raise a combined $1.65 billion in initial public offerings on the Shanghai Stock Exchange to boost local demand. Beijing-based Moore Threads plans to raise $1.12 billion, while Shanghai-based MetaX seeks $530 million, according to their IPO prospectuses filed on Monday. Their fundraising […]

Catenaa, Thursday, June 26, 2025- Taiwan Semiconductor Manufacturing Company(TSMC) is set to inject $10 billion in capital into its overseas unit to shore up its currency hedging operations, the company said on Thursday. TSMC Global Ltd, a wholly-owned unit of the world’s largest contract chipmaker, has approved a plan to increase its capital by issuing […]

Catenaa, Thursday, July 10, 2025- Taiwan Semiconductor Manufacturing Company(TSMC) reported on Thursday second-quarter revenue of $31.9 billion, beating market forecasts, as demand for the company’s products leaps on surging interest in AI applications. The world’s largest contract chipmaker, which sells to Nvidia and Apple, climbed to $31.9 billion for the three months, based on its […]

Catenaa, Monday, June 16, 2025- US stocks rebounded sharply on Monday after a selloff on Friday, amid a report that Tehran is looking to de-escalate the conflict with Israel. The Dow Jones Industrial Average rose roughly 1.1% %, while the S&P 500 also moved up 1.1%. The Nasdaq Composite gained 1.5%. The cautious optimism follows […]