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BUSINESS

BUSINESS latest

TSMC beats revenue estimates, lifting AI spending optimism
January 9th, 2026 - 05:03 GMT
Dr. Mansour Al-Maswari

Mansour Al-Maswari

TSMC beats revenue estimates, lifting AI spending optimism

ALBAWABA- Taiwan Semiconductor Manufacturing Company (TSMC) exceeded market expectations, reinforcing optimism that global spending on artificial intelligence will remain strong in 2026 despite concerns about inflated valuations. The world’s largest contract chipmaker reported a 33.1% year-on-year rise in quarterly revenue to NT$1.05 trillion (about US$32.9 billion), based on monthly figures, beating the average forecast, according to DPA. TSMC, a key supplier to Apple and Nvidia, likely benefited from resilient iPhone ...
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Ferrero Illuminates Dubai’s Sky to Unveil New Ice Cream Range in the UAE
May 29th, 2024 - 04:12 GMT

Ferrero Illuminates Dubai’s Sky to Unveil New Ice Cream Range in the UAE

UAE Space Agency
May 29th, 2024 - 09:18 GMT

UAE Space Agency and Emirates Defense Companies Council Sign MoU to Foster Collaboration in Aerospace and Defense Industry

LG Electronics
May 29th, 2024 - 09:15 GMT

LG LAUNCHES GLOBAL CAMPAIGN ‘OPTIMISM YOUR FEED’ TO HELP BRING MORE BALANCE TO SOCIAL MEDIA FEEDS

Emirates NBD
May 29th, 2024 - 09:01 GMT

Emirates NBD expands highly successful Ruwad graduate programme internationally in collaboration with APIX Singapore

Visa
May 29th, 2024 - 08:54 GMT

Visa Reinvents the Card, Unveils New Products for the Digital Age at Visa Payments Forum CEMEA 2024

مجموعة المسعود
May 29th, 2024 - 08:35 GMT

Al Masaood Automobiles Launches Parts and Services Summer Discounts on Nissan Vehicles

zindi
May 29th, 2024 - 07:27 GMT

Zindi Joins Forces with Microsoft to Empower Africans to Enter Workforce in AI at GITEX Africa 2024

Kia Motors
May 29th, 2024 - 07:22 GMT

Kia Middle East and Africa Unveils New Sorento Restyled Model in the Region

inflation
May 29th, 2024 - 07:17 GMT

Shop price inflation goes backs to normal in UK, says retail body

NVIDIA
May 29th, 2024 - 07:15 GMT

Accelerate to super-speeds with NVIDIA DLSS 3 in EA SPORTS F1 24 with ray tracing and NVIDIA Reflex

Lenovo
May 29th, 2024 - 07:05 GMT

Lenovo ranks 10th in the Gartner® Supply Chain Top 25 for 2024 report

prices
May 29th, 2024 - 06:59 GMT

German wholesale prices continue to fall slowly for 8 months

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