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 extended gains for the third day, led by Nvidia’s rise after launching new chips. Analysts expect volatility ahead as investors await key economic reports this week....
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 rallied Monday, with the Dow up 351 points and Nasdaq gaining 1.8% as chipmakers surged following Foxconn’s record revenue. Investors await economic data and Fed guidance....
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...