Friday, November 11, 2022

ASML Launches EUR 12 Billion Buyback, Upgrades 2025 Forecast

ASML, a key supplier of equipment to computer chip manufacturers, on Thursday said it would launch a EUR 12 billion (nearly Rs. 98,380 crore) share buyback programme to run through 2025. In an announcement ahead of an investors' day on Friday, the company said it expects revenue of EUR 30 billion (nearly Rs. 2,45,600 crore) to EUR 40 billion (nearly Rs. 3,27,550 cror...

from Gadgets 360

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Apple Considering Using AI to Design its Chips, Technology Executive Says

Apple is interested in tapping generative AI to help speed up the design of the custom chips at the heart of its devices. Johny Srouji, Appl...