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Kif Leswing in asian news

Kif Leswing - Mark Zuckerberg - Meta Ceo - Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynamic - cnbc.com

Mark Zuckerberg says Meta will offer its virtual reality OS to hardware companies, creating iPhone versus Android dynamic

Meta will partner with external hardware companies, including Lenovo, Microsoft and Asus, to build virtual reality headsets using the company's Meta Horizon operating system, the company said Monday.

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Kif Leswing - ASML earnings drag semiconductor stocks lower - cnbc.com - Taiwan - South Korea - Netherlands

ASML earnings drag semiconductor stocks lower

Chip stocks fell on Wednesday after ASML, a key developer of semiconductor manufacturing equipment, said that bookings fell by 61% sequentially during the first quarter, a steeper drop than investors had expected. AMD's stock fell over nearly 6%, Nvidia shares fell over 3%, Intel shares fell under 2% and Qualcomm was off over 2%. But the biggest drop affected chip technology firm Arm, which was trading nearly 12% lower on Wednesday.

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Kif Leswing - Apple lays off over 600 California employees after shuttering car project - cnbc.com - San Francisco - state California

Apple lays off over 600 California employees after shuttering car project

Apple is laying off 614 workers in California, according to a new state filing, the company's first significant round of job cuts since the pandemic.

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Kif Leswing - Intel shares fall after company reveals $7 billion operating loss in foundry business - cnbc.com - Taiwan - Usa

Intel shares fall after company reveals $7 billion operating loss in foundry business

Intel shares fell 4% at one point in extended trading on Tuesday after the company revealed long-awaited financials for its semiconductor manufacturing business, often called a foundry business, in a SEC filing.

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Kif Leswing - Apple announces its big annual conference, where it could reveal its AI strategy - cnbc.com

Apple announces its big annual conference, where it could reveal its AI strategy

Apple on Tuesday announced that its annual developers conference, WWDC, will take place June 10 through June 14.

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Kif Leswing - DOJ sues Apple over iPhone monopoly in landmark antitrust case - cnbc.com - state New Jersey

DOJ sues Apple over iPhone monopoly in landmark antitrust case

The Department of Justice sued Apple on Thursday, saying its iPhone ecosystem is a monopoly that drove its "astronomical valuation" at the expense of consumers, developers and rival phone makers.

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Joe Biden - Gina Raimondo - Kif Leswing - Intel awarded up to $8.5 billion in CHIPS Act grants, with billions more in loans available - cnbc.com - Taiwan - Usa - state Arizona

Intel awarded up to $8.5 billion in CHIPS Act grants, with billions more in loans available

The White House said Intel has been awarded up to $8.5 billion in CHIPS Act funding, as the Biden administration ramps up its effort to bring semiconductor manufacturing to U.S. soil.

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Kif Leswing - Jensen Huang - Nvidia CEO Jensen Huang announces new AI chips: 'We need bigger GPUs' - cnbc.com - state California -  San Jose

Nvidia CEO Jensen Huang announces new AI chips: 'We need bigger GPUs'

Nvidia on Monday announced a new generation of artificial intelligence chips and software for running artificial intelligence models. The announcement, made during Nvidia's developer's conference in San Jose, comes as the chipmaker seeks to solidify its position as the go-to supplier for AI companies.

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