Siemens Energy reports record $135 billion order book
Siemens Energy reported a record 131 billion euro ($135.5 billion) order book on Wednesday, boosted by strong demand for its ...
SMIC's Outlook Weighed by Heavy Capital Spending and Stiff Competition
SMIC is the third-largest foundry globally, owning over 6% of the market in 2024, behind TSMC and Samsung; and overtaking GlobalFoundries and UMC. Intel is classified not as a foundry but as an ...
Wednesday’s analyst upgrades and downgrades
Mr. Hutchison’s change came in the wake of Tuesday’s premarket release of fourth-quarter 2024 operating results and updated ...
Globalfoundries Leans on Automotive and Data Center Growth to Reach 30% Gross Margin Target
We expect GAAP gross margin to increase from 28% in 2023 to about 35% by 2029 as the firm should be able to increase utilization in its fabs. This level of gross margin is comparable with ...
Companies warn of more pain as Trump tariff threats escalate
Siemens Energy reported a record 131 billion euro ($135.5 billion) order book on Wednesday, boosted by strong demand for its ...
Money blog: Liam Gallagher reacts to Oasis fans whose tickets have been cancelled
Liam Gallagher responds to Oasis fans seeing their tickets cancelled, phone users have been warned to check half-term roaming charges - and we're relaunching our Women in Business series, where we ...