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SAMSUNG FOUNDRY SEES RESURGENCE WITH BIG DEALS FROM TESLA, APPLE, NINTENDO
The Business Guardian
|October 25, 2025
Samsung Foundry secures major orders from Tesla, Apple, and Nintendo, boosting its advanced chip production and outlook.
In addition to a previous contract manufacturing deal with Tesla to produce the next-generation AI6 chip, Samsung Electronics’ foundry business has won orders for the electric vehicle maker's AI5 chip, set for mass production in 2026, as per a report by the Korean Herald.During Tesla’s third-quarter earnings call on Wednesday, Tesla CEO Elon Musk revealed that the forthcoming AI5 chip will be manufactured by Samsung in Texas and TSMC in Arizona.
The chips had previously been expected to be produced solely by TSMC.”Our explicit goal is to have an oversupply of AI5 chips,” the report quoted Musk, noting that the surplus chips will be used not only in cars and robots, but also in Tesla’s data centers.
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The Business Guardian
INDIA PUSHES FOR E-WASTE RECYCLING
The Ministry of Mines has been actively engaging with the private sector to build enough capacity in India to fully utilize electronic waste and recover critical minerals within the next few years, according to a press release issued by the Ministry of Mines on Friday.
1 mins
October 26, 2025
The Business Guardian
Reliance, Facebook form joint venture to develop enterprise AI services
Reliance Industries Limited (RIL) has announced that its subsidiary, Reliance Intelligence Limited, will form a joint venture company with Facebook Overseas, Inc., a wholly owned arm of Meta Platforms, Inc.
1 mins
October 26, 2025
The Business Guardian
NBA releases Rs 1.36 crore to empower conservation in Maha,UP
The National Biodiversity Authority (NBA) has released Rs 1.36 crore to support grassroots biodiversity conservation in Maharashtra and Uttar Pradesh.
1 mins
October 26, 2025
The Business Guardian
WALL STREET NOTCHES RECORD CLOSING HIGHS ON COOL INFLATION, SOLID EARNINGS
Cooler-than-expected inflation data and upbeat corporate earnings lifted all three major U.S. stock indexes to all-time closing highs on Friday, setting the stage for next week's earnings reports and an expected interest rate cut by the Federal Reserve.
1 mins
October 26, 2025
The Business Guardian
US Consumer Price Index report shows inflation at 3% in September
The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.3 per cent on a seasonally adjusted basis in September, after rising 0.4 per cent in August, the US Bureau of Labour Statistics reported on Friday.
3 mins
October 26, 2025
The Business Guardian
ESCORTS KUBOTA Q1 FY26 SEES RS 2,500 CR REVENUE
LONG-TERM OUTLOOK
2 mins
October 26, 2025
The Business Guardian
US Consumer Price Index report shows inflation at...
The cereals and bakincreased 1.6 per cent over the 12 months ending in September.
1 min
October 26, 2025
The Business Guardian
JPMorgan Chase wants out of paying $115M legal fees
For nearly three years, JP Morgan Chase has picking up the legal tab of Charlie Javice and Olivier Amar, the two convicted fraudsters who sold their financial aid startup Frank to the bank.
1 mins
October 26, 2025
The Business Guardian
Carney ready to resume US-Canada trade talks halted by Trump
Prime Minister Mark Carney said on Friday that Canada stands ready to resume trade talks with the United States that President Donald Trump halted over an anti-tariff advertisement issued by Ontario's provincial government.
2 mins
October 26, 2025
The Business Guardian
India eyes bigger share in global rice market: IREF’s Prem Garg
India is setting its sights on expanding its dominance in the global rice trade, aiming to capture up to 55-60 per cent of the world market share, Prem Garg, Chairman of Shri Lal Mahal Group and National President of the Indian Rice Exporters Federation (IREF) said on Friday.
1 mins
October 26, 2025
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