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15 stories found

Intel Shares Soar on Strong Earnings and AI-Fueled Forecast
TechnologyReutersbloombergNYT+12wsjFTcnbctagesschauberlingskemarketwatchYahoostraits-times+4 more4mo ago15 sources

Intel Shares Soar on Strong Earnings and AI-Fueled Forecast

Intel's stock surged significantly after the company reported strong earnings and provided an optimistic sales forecast, largely driven by demand for AI-related CPUs. This performance indicates a potential boost from the artificial intelligence boom.

Hyundai Mobis Develops 160-Kilowatt EV Powertrain System
TechnologyKorea Herald4mo ago

Hyundai Mobis Develops 160-Kilowatt EV Powertrain System

Hyundai Mobis announced it has developed a 160-kilowatt power electric system for mass-market electric vehicles, aiming to complete its full EV powertrain lineup this year. The system integrates the motor, inverter, and reduction gear to convert battery power into propulsion.