Intel Gets Apollo Offer as Qualcomm Circles
Apollo has offered to make a multibillion-dollar investment in Intel, people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy and an alternative to a potential takeover by larger rival Qualcomm. Advisors Capital Management Partner & Portfolio Manager JoAnne Feeney joins Caroline Hyde and Ed Ludlow on…
Science & Technology
Black Founders Had a Great Fundraising Quarter…With a Catch
On one hand, US-based, Black-founded startups have already raised $643M, 70% of what was raised in the entirety of last year. But dig a little deeper into the numbers, and you’ll find that in the words of Crunchbase’s head of research: “…data has shown a persistent decline in funding to Black-founded companies that outpaces the…
Bloomberg Technology
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
Bloomberg’s Ed Ludlow breaks down why Anthropic disabled access to its most advanced models for all foreign nationals after a request from the Trump administration. Plus, Nvidia is seeking to raise at least $20 billion from its first corporate bond sale since 2021. And, SpaceX shares throttle up on day 2 of trading, adding to…
Bloomberg Technology
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
Alicia Yap, Citi’s head of Pan-Asia Internet Research, breaks down where China’s tech market stands amid global AI adoption. But despite all this heavy corporate activity, Citigroup warns that global investors are still treating China tech as “a source of funds,” with Wall Street dumping local stocks to fund the global AI hardware trade. She…
Black Founders Had a Great Fundraising Quarter…With a Catch
Anthropic Disables AI Access for Foreign Nationals | Bloomberg Tech 6/15/2026
China’s AI Markets Still ‘A Source of Funds’ Says Citigroup
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@yongchen8204
September 23, 2024 at 6:26 pm
semi fab bussiness does not bring you the profit, only the design bussiness gives instant profit and many more patents potential profit in the future. TSMC makes the chip, but does not design the chip, nor tsmc makes ic equipmemts for the chips. TSMC is an assmebly plant which sophiscate machinery imported from ASML. Nvidia does not make the chip, and it designs the chip. now it is big enough to buy 8 TSMC with the money it has.