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Today: January 22, 2025
Today: January 22, 2025
Nathan Vifflin

Nathan Vifflin

Staff Writer

Latest From Nathan Vifflin

Business|Finance|Technology|US

France's OVHcloud tops Q3 sales forecast on US growth, shares jump

French cloud services provider OVHcloud reported third quarter revenue ahead of market expectations on Thursday, driven by strong demand from U.S. tech

France's OVHcloud tops Q3 sales forecast on US growth, shares jump
Business|Finance|Technology

ASML's order book expected to jump on AI chip boom

ASML, the top equipment supplier to computer chip makers, is expected to report an influx of new orders when its new boss delivers second-

ASML's order book expected to jump on AI chip boom
Business|Finance|Stock Markets|Technology|US

ASML shares fall 10% as China risks cloud solid Q2 earnings

Shares in ASML, the biggest supplier of computer chip- making equipment, fell sharply on Wednesday on the prospect pressure from the U.S.

ASML shares fall 10% as China risks cloud solid Q2 earnings
Business|Europe|Technology

Forvia and BYD to bring Asian partnership to Europe

The world's seventh largest car parts supplier Forvia will bring its partnership with Chinese battery specialist and car maker BYD to Europe, it said on Tuesday.

Forvia and BYD to bring Asian partnership to Europe
Business|Finance|Technology

ASMI raises quarterly guidance after AI orders offset Chinese sales drop

Computer chip-making equipment supplier ASM International (ASMI) raised its third-quarter guidance after second-quarter orders beat expectations thanks to AI-related

Business|Finance|Technology

STMicro cuts full-year outlook for second time, shares tumble

Chipmaker STMicroelectronics (STM) cut its full-year revenue and margins guidance for a second time on weak industrial orders and lower demand for automotive chips,

STMicro cuts full-year outlook for second time, shares tumble
Business|Europe|Finance|Stock Markets|Technology

The lower the AI exposure, the bigger the problem for Europe's chip firms

Shares in European semiconductor firms less exposed to AI chips slumped on Thursday as falling demand from their key automotive and industrial clients

The lower the AI exposure, the bigger the problem for Europe's chip firms
Europe|Finance

Car parts supplier Forvia cuts 2024 outlook again, to speed up job cuts

French car part supplier Forvia cut its annual sales and profit forecasts for the second time in three months on Friday, reflecting weakness in the European and North

Business|Finance|Technology

ASML draws investor scrutiny after warning shocks global chip markets

Investors and analysts are looking sceptically at computer chip equipment maker ASML, they said on Wednesday, after the company cut 2025

ASML draws investor scrutiny after warning shocks global chip markets
Business|Economy|US

Offshore wind cable makers turn to Europe as Trump risks loom

Nexans said on Wednesday it would turn its U.S.-based plant into an export hub if the offshore wind sector was challenged under Donald Trump's

Offshore wind cable makers turn to Europe as Trump risks loom
Business|Finance|Stock Markets|Technology

ASML outlook bullish through 2030 due to AI boom -CEO says

Computer chip equipment maker ASML, facing the threat of more U.S.-led curbs on trade with China, is upbeat on sales growth over the next five

ASML outlook bullish through 2030 due to AI boom -CEO says
Asia|Business|Europe|Technology

STMicro partners with Hua Hong as chipmakers need China, says CEO

The chief executive of European computer chipmaker STMicroelectronics on Wednesday announced new plans to partner with Chinese foundry Hua

STMicro partners with Hua Hong as chipmakers need China, says CEO
Business|Economy|Europe|Finance|Stock Markets|Technology

Mersen delays targets by two years on weak materials demand for EVs

Mersen pushed back its financial targets until 2029 on Thursday due to a temporary slowdown in the electric vehicle and silicon carbide semiconductor

Mersen delays targets by two years on weak materials demand for EVs

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