Infineon Technologies upgraded its FY2026 guidance, expecting strong revenue growth fueled by rising demand in AI data center power systems and automotive semiconductors. AI power revenue is projected to jump from €1.5 billion in FY2026 to €2.5 billion in FY2027, supported by a €2.7 billion investment to meet demand. The company’s expertise in GaN and SiC technologies also positions it well for growth in AI, electric vehicles, and industrial sectors. This broadens Infineon's appeal beyond just automotive semiconductors to a key player in AI infrastructure.
US Commerce Secretary Howard Lutnick has expressed concerns that ASML, the Dutch maker of advanced EUV lithography machines essential for cutting-edge chips, may have shipped one such machine to China, violating export controls. ASML denies any EUV s...
Standard Chartered's $100 price target for Uniswap's UNI token triggered a surge in blockchain activity, with wallet creations and large-holder transactions reaching multi-month highs. This renewed interest reflects growing institutional confidence a...
South Korea's largest crypto exchange, Upbit, added nine new tokens including PEAQ, LIT, KMNO, MORPHO, GRAM, LDO, PAXG, OSMO, and AMP on BTC and USDT markets starting June 19. PEAQ saw a strong debut with a 21.9% gain, while others like GRAM and LIT ...
Trent Van Epps, a former Ethereum Foundation developer, warns that Ethereum's core development could run out of funding within 3 to 9 months due to the expiration of the Client Incentives Program (CIP) and a shrinking treasury. Maintaining Ethereum's...
Forgent PLC has mobilised a drill rig to its Peak Hills gold-copper project in Western Australia, aiming to complete around 42 aircore drill holes by early August. The Phase 1 drilling program will test key targets to validate historic results, exten...
