AI demand drives Nvidia’s $2t gain in 2024
In 2024, Nvidia’s market value soared by US$2 trillion, a significant jump from US$1.2 trillion.
China's industrial profits fall 7% on weak demand in November
Official data released on Friday showed that China's industrial profits fell 7% in November, but the figure was slightly better than October for an industry with weak domestic demand. Weak household demand
Accenture's revenue in the first quarter of FY25 reaches US$1.77 billion due to genAI demand
Accenture has expanded its data and artificial intelligence headcount to 69,000 people, with plans to grow to 80,000 by 2026.
Singapore minister to send letter of demand to Bloomberg and other media over 'defamatory' comments
December 17, 2024 Singapore – Law and Home Affairs Minister Shanmugam Shanmugam and Manpower Minister Tan Siring are taking legal action against Bloomberg and other media outlets for making remarks about their
AI demand is strong TSMC's sales surge 34% in November
TSMC’s stock price has risen by about 80% this year.