TSMC Pulls Forward 3nm Output Target as AI Customer Demand Builds
TSMC is accelerating its 3nm production target to as many as 180,000 wafers per month, driven by stronger orders from NV...
Section
Business
Company news, industry developments, and the forces shaping business.
Latest news
Business · Today's briefing
Berkshire flips to net stock buyer for first time in 14 quarters as Abel deploys cash pile
Berkshire Hathaway bought $4.5 billion of its own shares in Q2 2026 and roughly $23.5 billion net of equities, ending 14...
Read →
Latest news
All →
CCEP first-half results show Q2 growth slowdown as full-year guidance is reaffirmed
CCEP posted €10.72bn H1 revenue and reaffirmed FY26 guidance on 4 Aug 2026, though Q2 growth slowed versus Q1 and shares...
Micron narrows DRAM share gap with SK hynix to 1 point as Samsung retakes No. 1 in Q2
Micron closed to within one percentage point of SK hynix in Q2 DRAM revenue share, with Samsung Electronics reclaiming t...
SpaceX set to release first earnings as public company, with AI spending and post-IPO slide in focus
SpaceX is set to report its first quarterly results as a public company on August 4, with Wall Street focused on Musk's ...
Nintendo Sets Aug. 4 Direct Showcase for Fire Emblem: Fortune's Weave
Nintendo confirmed a dedicated Direct on Aug. 4, 2026, focused on Switch 2 exclusive Fire Emblem: Fortune's Weave ahead ...
AMD pairs with Core Scientific for 2.5 GW of US AI data center capacity
AMD announced a partnership with Core Scientific to secure up to 2.5 gigawatts of US AI data center capacity, with more ...
SpaceX Prepares First Post-IPO Earnings as Louisiana Spaceport Deal Advances and Starship Reentry Survives
SpaceX prepares to open its books for the first time since June's record IPO, with a Q2 earnings call set for August 4 a...
Samsung Expands Memory Supply Deals and HBM4 Push as Consumer Electronics Slip to a Loss
Samsung expanded multiyear memory supply deals and ramped HBM4 output while its consumer electronics division swung to a...
Coca-Cola Posts 7% Revenue Growth in Q2 2026, Powered by FIFA World Cup Campaign
Coca-Cola reported Q2 2026 net revenues of $13.4 billion, up 7%, with EPS rising 16% to $1.03, as its FIFA World Cup cam...
Amazon's AWS Surge Lifts Q2 Results as Capex Climbs to $220B and AGI Lab Shuts
Amazon shares jumped about 15% after Q2 results showed AWS revenue rising 37% to $42.2B, its fastest in 18 quarters, as ...
Apple Shares Slide After Final Cook Earnings Call Flags Supply Shortages and Slower Growth
Apple shares dropped after the company's final earnings call under Tim Cook flagged component shortages and slower Septe...
TSMC Posts 58% Profit Jump as AI Demand Lifts Taiwan's Economy and Foundry Outlook
TSMC's profit surged 58% on AI chip demand, while Taiwan's Q2 GDP rose 12.9% and TrendForce forecast pegged TSMC's found...
Tower Semiconductor climbs on Nvidia silicon photonics deal for AI data centers
Tower Semiconductor will supply Nvidia with silicon photonics components for 1.6 TB/s AI data center optical modules, li...
Berkshire Hathaway shares hit eight-month high, still trail S&P 500
Berkshire Hathaway shares climbed to an eight-month high this week, with Class B stock closing Tuesday at $512.37, while...
SpaceX Preps First Post-IPO Earnings as Starlink Cadence, Starship Footage and Musk Wealth Slide Diverge
SpaceX prepares its first post-IPO earnings on Aug. 4 as Starlink launches continue, a Starlink V3 satellite captures St...
Delhi High Court blocks Patna firm from using Nintendo name; canceled Virtual Boy games set for August Switch release
Delhi High Court restrains a Patna real estate firm from using 'Nintendo India Private Limited' in a trademark suit brou...
Korea Investment Lifts Samsung Electronics Target as Samsung Life Waives IRP Fees
Korea Investment raised Samsung Electronics' target 10% to 650,000 won against broker downgrades, while Samsung Life bec...
Qualcomm slides on UBS price-target cut as smartphone chip shipments weaken
Qualcomm shares fell 2.6% on August 1 after UBS cut its price target to $170, alongside reports of weaker smartphone SoC...
Amazon posts 20% Q2 sales growth, sets out $600 million tariff refund plan
Amazon reported Q2 net sales of $200.6 billion (+20% YoY) and disclosed $600 million in tariff refunds being passed to b...
Google pulls AI image tool from Google Earth after deepfake misuse
Google rolled back a day-old AI image-generation feature in Google Earth after users created realistic deepfake scenes o...
Apple Shares Slide as Supply Constraints and Soft Guidance Overshadow Record Q3
Apple shares fell nearly 10% as weak Q4 guidance and supply constraints overshadowed record Q3 results, with Cook flaggi...
Intel Reportedly to License Atom RTL Code to Startup RosaicLabs for Custom SoCs
Intel is reportedly preparing to license Register-Transfer-Level code for an Atom design to startup RosaicLabs, enabling...
Microsoft logs best trading day since 2008 as AI bet pays off; CISA flags SharePoint zero-day exploitation
Microsoft shares posted their strongest session since 2008 on July 31 as AI spending showed profit traction, while CISA ...
Nintendo adds Super Mario Sunshine and unreleased Virtual Boy games to Switch Online
Super Mario Sunshine joins Switch 2's GameCube library on Aug 13 alongside two previously unreleased Virtual Boy titles,...
Coca-Cola calls India Diet Coke shortage a 'wonderful problem' as Q2 share slips
Coca-Cola called India's Diet Coke shortage a 'wonderful problem' signalling surging demand, even as it lost market shar...
Oracle deepens Google Gemini AI integration and faces scrutiny over Wisconsin data center collateral
Oracle embeds Google's Gemini models across Fusion Applications and NetSuite, while the CEO of Wisconsin's WEC Energy Gr...
Amazon lifts 2026 capital spending to $220 billion after AWS posts fastest growth in 18 quarters
Amazon shares jumped as much as 14% a day after the company lifted 2026 capital spending to $220 billion, citing AWS's f...
Google withdraws Earth AI satellite tool over deepfake misinformation concerns
Google has withdrawn a new Earth AI feature following warnings that AI-generated satellite imagery could enable deepfake...
Samsung–Broadcom MOU Targets $200 Billion AI Foundry Bid as VMware Patches Critical Flaws
Samsung and Broadcom signed a July 25 MOU for a reported $200 billion AI foundry bid targeting TSMC, while Broadcom patc...