The profit beat comes as the recent investment frenzy by U.S. tech giants such as Nvidia and OpenAI has reinforced AI as a key growth engine for the semiconductor sector, positioning TSMC as a key ...
"Looking ahead, our ability to pick the right investment opportunities, stay invested in the right long-term winners, and build future-proof businesses, will ensure fund performance across strategies ...
Germany's Merck KGaA said it is targeting annual organic sales growth in the mid-single-digit percentage range and an expansion in profitability over the medium term, and confirmed its 2025 guidance.
Nestle said it plans to reduce headcount by 16,000 as it increases cost-savings targets over the next two years, in its first earnings update since new CEO Philipp Navratil took the helm.
Foxconn Technology's shares surged in yet another stock jump driven by investor enthusiasm about AI, coming after its chairman said he met with ChatGPT maker OpenAI and plans to meet with chip giant ...
Still, the company backed its hopes that sales trends will improve over the fiscal year as a whole, with the pickup skewed toward the second half. The company said it will defend its operating margin ...
ABB posted an increase in third-quarter revenue and profit, and appointed Christian Nilsson as its new chief financial officer. The Swiss industrial-technology company said Thursday that Timo ...