MGX joins Silver Lake as co-investor in semiconductor company Altera
Yahoo Finance· 2025-09-17 18:08
MGX, a United Arab Emirates-based investor in AI and advanced technologies, has joined Silver Lake as a co-investor in acquiring a 51% stake in Altera. Based in California, US, Altera specialises in programmable semiconductor solutions. Intel retains the remaining 49% of Altera, reflecting the parties' interest in Altera's future within the sector. Details regarding MGX's financial involvement in this acquisition have not been revealed. The completion of this transaction establishes Altera as the large ...
Alibaba's shares jump after it lands a major customer for its AI chips
CNBC· 2025-09-17 18:08
股价表现 - 阿里巴巴香港上市股票收盘上涨超过5% 美国预上市交易时段上涨超过2% [2] - 股价上涨直接受中国联通采用其人工智能芯片的消息推动 [1][2] 业务发展 - 通过半导体子公司平头哥(T-Head)为中国联通提供人工智能加速器芯片 [1] - 公司不直接销售芯片 而是通过阿里云服务提供基于这些半导体的计算能力 [1] - 中国联通作为中国第二大电信运营商 将在三江源数据中心项目中部署阿里巴巴的计算能力 [3][5] - 该项目同时采用包括沐曦(MetaX)和壁仞科技(Biren Technology)在内的其他国内芯片厂商产品 [3] 行业动态 - 中国互联网监管机构网信办要求企业停止采购部分英伟达人工智能芯片 [4] - 英伟达对中国市场的芯片供应仍处于不稳定状态 [3] - 中国正积极推动国内人工智能芯片的自主化应用 [3] 公司地位 - 阿里巴巴是中国领先的人工智能企业 拥有自主开发的AI模型 [4] - 公司是国内最大的云计算服务商之一 [4] - 正在开发全新的人工智能芯片 [4] 合作细节 - 合作信息通过央视报道中展示的公告牌披露 [5] - 该合作属于中国联通青海省三江源数据中心项目的一部分 [5] - 目前尚未确认中国联通是否采用阿里巴巴最新一代芯片 [5]
Japan's SMBC to buy additional 4.2% stake in Yes Bank from Carlyle Group
The Economic Times· 2025-09-17 18:06
ET had earlier reported that SMBC was in talks with Carlyle Group for the same deal. The transaction follows SMBC’s agreement of a 20% equity stake in Also Read: SBI completes divestment of 13.18% stake in Yes Bank to Japan's SMBC for ₹8,889 croreSeparately, Live EventsWith the latest agreement, SMBC will also nominate two non-executive directors to Yes Bank’s board.Alongside its Yes Bank bet, SMFG also said it sold its entire 1.65% stake in as a Reliable and Trusted News SourceAddas a Reliable and Truste ...
FedEx profit to be dragged down by US tariffs on previously exempt parcels
Yahoo Finance· 2025-09-17 18:06
By Lisa Baertlein and Abhinav Parmar LOS ANGELES (Reuters) -FedEx will report a quarterly profit hit from President Donald Trump's decision to end tariff-exempt treatment for popular direct-to-consumer shipments when the global delivery firm reports results on Thursday, analysts said. FedEx's fiscal first quarter, which ended on August 31, captures the impact from the May 2 end of "de minimis" exemptions for packages from China and Hong Kong. They accounted for roughly three-quarters of the roughly 1.4 b ...
BMW Hungarian plant readied for series production of the BMW iX3
Yahoo Finance· 2025-09-17 18:06
The guiding principles of the BMW iFACTORY have been fully implemented in the technologies employed at the new BMW Group plant in Debrecen. For example, Plant Debrecen was planned and built digitally from the outset, and celebrated its virtual start of production back in March 2023 in the BMW Group’s Virtual Factory. This approach, BMW claims, allowed every operation to be tested virtually in advance, enabling production lines to be installed in the buildings exactly as in the digital twin.Spearheading the ...
Mid-air scare for Trump: London-bound Air Force One has close encounter with Spirit Jet aircraft
MINT· 2025-09-17 18:05
A Spirit Airlines Inc. passenger jet got a little too close for comfort with a Boeing Co. 747 jumbo ferrying US President Donald Trump to London on Tuesday as the aircraft traveled through New York’s famously congested skies.Air Force One and Spirit Flight 1300, an Airbus SE A321 jet bound from Fort Lauderdale to Boston, were heading over Long Island when an air traffic controller noticed their altitudes were similar and flight paths converging. He tried to alert the Spirit pilots to change their course.Whi ...
Bank of Canada likely to cut interest rate by 25 basis points
Yahoo Finance· 2025-09-17 18:05
By Promit Mukherjee OTTAWA (Reuters) -The Bank of Canada is expected to cut interest rates by 25 basis points on Wednesday, spurred by weak job reports and economic contraction in the second quarter. It would be the first rate cut in nine months and many economists expect another 25 basis point cut either in October or December. The BoC was one of the most aggressive major central banks globally to reduce rates when it started its easing cycle in June last year. It brought interest rates to 2.75% in Mar ...
This Stock Has More Than 10X in the Past Year. Can the Run Continue?
The Motley Fool· 2025-09-17 18:05
Oklo's monster run reflects rising market optimism for small reactors -- and their potential role in powering AI computing. But execution won't come easily.Oklo (OKLO -0.24%) has been one of the market's most eye-catching stories this year. The advanced nuclear developer, best known for its compact powerhouse reactors aimed at data centers, industrial sites, and government facilities, has seen its stock rocket in 2025 as investors search for scalable, always-on power for artificial intelligence (AI) computi ...
Google's Nano Banana Moment: 50% Upside For GOOG Stock?
Forbes· 2025-09-17 18:05
SUQIAN, CHINA - SEPTEMBER 17, 2025 - An illustration photo shows Nano Banana logo in a smartphone in Suqian, Jiangsu Province, China on September 17, 2025. (Photo credit should read CFOTO/Future Publishing via Getty Images)CFOTO/Future Publishing via Getty ImagesGoogle's stock has been making headlines, surpassing the $3 trillion market cap milestone as investor confidence grows. But here’s the bigger takeaway: even after this rally, Google still trades at a notable discount compared to Big Tech peers like ...
Stock Market Today: S&P 500, Nasdaq Futures Dip Ahead Of FOMC Decision On Interest Rates—General Mills, New Fortress, Cracker Barrel In Focus - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-09-17 18:03
U.S. stock futures were swinging on Wednesday following Tuesday’s negative moves. Futures of major benchmark indices were mixed.President Donald Trump arrived in Britain on Tuesday evening for his second state visit, greeted with royal pageantry and the announcement of a multibillion-dollar U.S. technology investment in the United Kingdom. Investors await the Federal Reserve Open Market Committee’s decision, scheduled to be announced by this afternoon.Meanwhile, the 10-year Treasury bond yielded 4.01% and t ...