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Marvell shares jump after chipmaker wins spot in S&P 500
June 8 : Marvell Technology shares climbed more than 9 per cent on Monday after the chipmaker was set to join the benchmark S&P 500 at the end of June, in the latest boost to a stock that has surged recently.Its shares have gained about 59 per cent since May 27 after the company forecast…
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Cerebras shares climb as Wall Street brokerages back AI chip strategy
June 8 : Cerebras shares gained on Monday as multiple Wall Street firms initiated coverage with bullish calls after the quiet period, backing the chip designer’s unconventional AI strategy more than three weeks after its strong debut.Shares of the company rose 5.5 per cent in premarket trading, with at least
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MLS aims to turn 2026 World Cup attention into lasting gains
LOS ANGELES, June 8 : Major League Soccer Commissioner Don Garber says the league is treating the 2026 FIFA World Cup not as a six-week showcase but as the launchpad for a new era, aiming to convert global attention on North American soccer into lasting growth in fans, relevance and stature. Garber said MLS
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UK sets out $1.5 billion AI hardware plan with supercomputer, chip funding
LONDON, June 8 : Britain set out a new £1.1 billion ($1.47 billion) plan on Monday to build domestic AI computing capacity, including a new national supercomputer and funding to back homegrown chip firms.The strategy builds on a £400 million commitment announced by Prime Minister Keir Starmer at London Tech
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China’s Xi vows unwavering support for North Korea’s Kim in rare Pyongyang visit
SEOUL: China will not swerve from its commitment to safeguarding common interests with North Korea or waver in its support for Kim Jong Un, President Xi Jinping told Pyongyang’s leader on Monday (Jun 8) during a r
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Alphabet taps Intel to make three million in-house chips, The Information reports
June 8 : Alphabet’s Google has placed an order with Intel to manufacture more than three million tensor processing units in 2028, The Information reported on Monday, citing people with direct knowledge of the discussions.Nvidia has not placed an order with Intel yet, but has been evaluating whether the compan
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Robotaxis are coming to Europe — and the EU wants to speed things up
France, Germany, Italy and 14 other countries have signed a joint declaration to coordinate autonomous vehicle testing across borders, paving the way for faster adoption of the technology across Europe.
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Zelenskyy angers Poland with WWII-era name for army unit
Ukraine’s President Volodymyr Zelenskyy has sparked outrage in Poland by choosing a name that carries Nazi connotations for a Ukrainian army unit. Can Polish PM Donald Tusk smooth things over?
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Seven EU countries push Brussels to stick to car emission rules
The document signed by seven EU countries reveals a growing divide within Europe between governments seeking flexibility for car manufacturers and those determined to preserve the integrity of the EU’s carbon emissions trajectory. #EuropeNews
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Wizz Air announces Starlink wifi deal as other budget rivals hold back
The Hungarian budget carrier will roll out satellite internet across its fleet from 2027, as Ryanair and EasyJet continue to resist the technology over cost concerns.
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