ASML loses $75.7 billion market cap from updated sales projections, likely due to lower demand from China and delayed Intel fab

ASML lowers its 2025 outlook because of normalization of demand from China, Intel's delay of European fabs, and overall spending in the semiconductor sector. Source

Continue Reading ASML loses $75.7 billion market cap from updated sales projections, likely due to lower demand from China and delayed Intel fab

Is this the end of WD as an SSD brand? Sandisk takes over SSD, memory cards and USB flash drives from Western Digital as company cements split

After Western Digital announced plans to separate its HDD and flash businesses back in 2023, that plan now appears to have come to fruition, with the storage giant dividing its…

Continue Reading Is this the end of WD as an SSD brand? Sandisk takes over SSD, memory cards and USB flash drives from Western Digital as company cements split

GM partners with startup Forge Nano to improve EV battery life, performance, and safety

General Motors is working with Forge Nano, a materials science startup, to find new ways to enhance the performance and lifetime of electric vehicle battery cells.  The automaker’s investment arm,…

Continue Reading GM partners with startup Forge Nano to improve EV battery life, performance, and safety

​​Amazon jumps on nuclear power bandwagon by investing in X-Energy and promising small reactors

The company revealed three deals, including an investment in a fission startup and two development agreements to add nuclear power to the grid. © 2024 TechCrunch. All rights reserved. For…

Continue Reading ​​Amazon jumps on nuclear power bandwagon by investing in X-Energy and promising small reactors