Tag : Foxconn

Technology

India weighs $11 billion fund to boost chipmaking

manamalive.com
NEW DELHI: India is preparing a new fund worth more than 1 trillion rupees, or about $11 billion, to support domestic semiconductor production, according to a report published Thursday. The report said the proposed funding would provide...
U.S. stock futures extend gains as Nvidia shares hit new highs
Featured News

U.S. stock futures extend gains as Nvidia shares hit new highs

manamalive.com
U.S. stock futures advanced for the third consecutive session on Tuesday, led by gains in technology shares, particularly Nvidia. Futures linked to the S&P 500 climbed 0.3%, while Nasdaq 100 futures rose 0.2%. Futures tied...
Dow jumps 351 points as chip stocks rally following Foxconn revenue report
Business

Dow jumps 351 points as chip stocks rally following Foxconn revenue report

manamalive.com
U.S. stocks surged on Monday, rebounding from last week’s declines as gains in semiconductor stocks led the rally. The Dow Jones Industrial Average rose 351 points, or 0.8%, while the S&P 500 advanced nearly 1.3%....
Apple partner Foxconn buys 13 million square feet site in Bengaluru for production expansion
Technology

Apple partner Foxconn buys 13 million square feet site in Bengaluru for production expansion

manamalive.com
Foxconn, the leading Apple supplier, has acquired a massive 1.2 million-square-meter (13 million-square-foot) property on the outskirts of Bengaluru, India, according to a statement issued to the London Stock Exchange. The purchase, located in Devanahalli...