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[Industry Archives - ViewusGlobal

#industry (70 Posts)

  • U.S. Faces $3.4 Billion Economic Loss as China Tightens Control Over Essential Tech Minerals U.S. faces $3.4 billion loss from China's export ban on gallium and germanium, critical for semiconductors amid escalating tech conflict.
  • Ford Announces 4,000 Job Cuts in Europe Amid Struggles with Electric Vehicle Transition Ford will cut 4,000 jobs in Europe, mainly in Germany and the UK, as it scales back EV production amid a challenging market.
  • NVIDIA's Explosive Growth: 94% Revenue Jump and a $19.3 Billion Profit NVIDIA reports a 94% revenue surge, driven by AI chip demand, while facing competition and regulatory scrutiny in the market.
  • United Airlines to Benefit from Fuel Price Drop and Booming Passenger Demand United Airlines is set to benefit from falling oil prices and improved aircraft deliveries, boosting profitability and expansion potential.
  • Walt Disney Hits $22.57 Billion in Q4, Exceeds Market Projections Disney's Q4 revenue hits $22.57B, driven by strong film performance and subscriber growth, despite some declines in other segments.
  • NVIDIA’s Blackwell Chip Hit by Overheating Issues, Causing More Delays NVIDIA's Blackwell AI chip faces delays due to server overheating issues, affecting major tech firms' plans for its release.
  • Boeing Cuts Jobs Again: 400+ Workers Affected in Latest Round of Layoffs Boeing plans to lay off over 400 aerospace union members amid financial challenges, following a machinists' strike and production slowdowns.
  • Ford Pays $165 Million to Settle Recall Delays, Commits to Improved Safety Ford Motor Company will pay $165 million for delays in recalling vehicles with faulty rear cameras, enhancing safety compliance measures.
  • Boeing Struggles in 2024, But $21 Billion Investment Offers Hope for Recovery Boeing secures $21 billion amid challenges, but faces delivery drops and union strikes. Recovery expected in 2025.
  • ASML Projects $1 Trillion Semiconductor Market by 2030, Citing AI Growth ASML Holding has reaffirmed its long-term profit outlook, banking on the AI-driven semiconductor demand boom.
  • AMD Lays Off 1,000 Employees as It Shifts Focus to AI Chips Amid Competition with Nvidia AMD lays off 1,000 employees as it shifts focus to AI chips, aiming to compete with Nvidia in the growing data center market.
  • Waltz Advocates for South Korea-U.S. Shipbuilding Partnership to Challenge China’s Maritime Power Trump’s second term may boost US-South Korea shipbuilding ties to counter China’s naval growth, says National Security Advisor Waltz.
  • Trump’s Win Sparks Fears of Costly Tariffs for Korean Auto Battery Giants Trump’s election victory raises concerns for South Korea's automotive and battery industries amid the U.S. presidential race.
  • Trump’s Victory Could Reshape the Chip Industry – Here’s Why South Korea Is Worried Donald Trump's victory in the 47th US presidential election raises concerns for domestic semiconductor companies regarding policy changes.
  • Stellantis Plans 1,100 Layoffs in Ohio, Cites Need to ‘Regain Competitiveness’ Stellantis announces layoffs of 1,100 workers at its Toledo Jeep plant to improve efficiency amid declining North American sales
  • Domestic First: China Urges Firms to Skip NVIDIA and Buy Local Semiconductors China urges its businesses to favor domestic semiconductor chips over NVIDIA's AI processors to bolster its chip industry.
  • Nvidia’s Plan B: Jensen Huang Reveals Backup Strategy if TSMC Faces Geopolitical Challenges Nvidia CEO Jensen Huang recently discussed the partnership with TSMC, hinting that he could utilize other foundries as necessary. 
  • Philippine Defense Minister Seeks 40 New Fighter Jets – US, South Korea, Sweden Compete for the Deal The Philippine Secretary of National Defense has requested Congress to acquire 40 fighter jets, with bids from KAI, Lockheed Martin, and Saab.
  • China’s Restaurant Crisis: Over 1 Million Eateries Shut Down Amid Economic Meltdown China’s economic downturn has devastated the restaurant and tea house sectors, with over 1 million closures in the year's first half.
  • Tesla Semi Goes Up in Flames in California: Why Electric Truck Fires Are More Dangerous Than You Think A fire in a Tesla Semi truck on Interstate 80 led to highway closures. Toxic gases and intense flames made firefighting difficult.
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