Tag: tech-industry

GameStop Proposes $56 Billion Acquisition of eBay

GameStop offers $56 billion to acquire eBay, valuing the online auction giant at $125 per share, about 20% above Friday’s closing price.

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Building a Gaming PC in 2026: Assessing Component Shortages and Market Challenges

Six months into widespread chip shortages, assembling a new gaming PC in 2026 remains complex amid memory, CPU, and energy constraints.

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Nintendo Faces Investor Skepticism Amid Memory Chip Shortages, Shares Drop 45%

Nintendo’s stock declines 45% as memory chip shortages and US tariffs challenge its Switch 2 console sales prospects.

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Oracle Cuts Up to 30,000 Jobs to Invest in AI and Data Centers, Former Employees Seek Better Severance

Oracle laid off as many as 30,000 workers to focus on AI and data center growth. Former staff push for improved severance and extended health coverage.

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Russian Ministry Excludes PCs and Storage Devices from Parallel Import List

Russia’s Ministry of Industry and Trade removes certain computer hardware and storage devices from the parallel import list, effective May 2026.

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Huawei’s HarmonyOS Surpasses 55 Million Smartphone Installations Amid US Sanctions

Huawei’s HarmonyOS is now installed on over 55 million smartphones, marking a milestone as the company adapts to ongoing US restrictions.

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Global Smartphone Shipments Rise 1% in Q1 2026 Despite Memory Chip Shortage

Worldwide smartphone shipments increased by 1% in the first quarter of 2026 despite ongoing memory chip supply challenges.

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Huawei Set to Lead China’s Accelerator Market with 60% Sales Growth in 2026

Huawei is poised to boost its accelerator sales in China by at least 60% this year, cementing its position as a market leader.

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Samsung Predicts Worsening RAM Shortage by 2027 Amid Rising AI Data Center Demand

Samsung warns the shortage of RAM driven by AI data center demand will likely intensify in 2027, impacting the memory market.

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Alphabet Shares Rise 7% While Meta Stocks Drop 9% Amid Increased AI Investment

Alphabet’s stock climbed over 7% as Meta shares declined 9%, both companies boost AI infrastructure spending following Q1 earnings reports.

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Samsung Raises 4nm Chip Yield Above 80%, Signaling Maturation of Manufacturing Process

Samsung achieves over 80% yield on 4nm semiconductor chips, matching top industry standards and paving the way to profitability.

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TSMC Sells $231 Million Stake in Arm, Reconfigures Strategic Investment

TSMC has offloaded its 1.11 million shares in Arm, marking a significant shift in its strategic equity holdings valued at $231 million.

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