(Jan 27): Micron Technology Inc will inject an additional US$24 billion (RM95 billion) in Singapore over the next decade to expand its manufacturing capabilities amid an AI-induced memory chip shortage. The Boise, Idaho-based chipmaker will use the funding to build a new facility for NAND, according to a company statement. NAND is a replacement for hard disk drive storage with faster access speeds...
(Jan 27): Micron Technology Inc will inject an additional US$24 billion (RM95 billion) in Singapore over the next decade to expand its manufacturing capabilities amid an AI-induced memory chip shortage. The Boise, Idaho-based chipmaker will use the funding to build a new facility for NAND, according to a company statement. NAND is a replacement for hard disk drive storage with faster access speeds that’s grown in demand with the AI infrastructure build-out. The new investment will create around 1,600 jobs, and wafer output is scheduled to begin in the second half of 2028, the company said Tuesday. The global memory market is dominated by Micron and its two South Korean rivals SK Hynix Inc and Samsung Electronics Co. The three have prioritised production of high-end chips needed to build AI infrastructure and shifted resources away from memory chips for other segments. Since last year, PC firms and smartphone makers have warned about memory chip shortages hurting their businesses. To mitigate what Micron says is an unprecedented supply crunch, the US company just broke ground on a US$100 billion facility in New York state, and recently announced plans to pay US$1.8 billion for a facility in Taiwan. In early 2025, Micron announced a US$7 billion investment over the next several years to expand its manufacturing footprint in Singapore, to meet demand for advanced memory chips required to train artificial intelligence (AI). The US chipmaker has long relied on Taiwan, Singapore and Japan as its key production bases.
当地时间2026年1月5日,英国伦敦,金丝雀码头金融区中心的高层住宅公寓楼。图:Mike Kemp/视觉中国 The number of homes in London owned by individuals from the Chinese mainland jumped nearly 85% between 2020 and 2025, with the largest increase in Tower Hamlets, home to China’s controversial proposed “mega embassy.” The rise represents around 3,700 more homes held by owners from the mainland, taking the total to just below 8,200, according to...
当地时间2026年1月5日,英国伦敦,金丝雀码头金融区中心的高层住宅公寓楼。图:Mike Kemp/视觉中国 The number of homes in London owned by individuals from the Chinese mainland jumped nearly 85% between 2020 and 2025, with the largest increase in Tower Hamlets, home to China’s controversial proposed “mega embassy.” The rise represents around 3,700 more homes held by owners from the mainland, taking the total to just below 8,200, according to a report published Thursday by London-based leasing and real estate agency Benham and Reeves. Over the same period, the number of residential properties owned by individuals from Hong Kong increased by 23%, with the total reaching nearly 12,900.
One stock looks like a far better investment than the other. While electric carmaker Tesla (TSLA 3.09%) and social media specialist Meta Platforms (META +2.06%) are two very different companies that generate revenue from very different sources, both of their futures seem closely tied to AI (artificial intelligence). Interestingly, just a few years ago, the bull case for either stock didn't depend ...
One stock looks like a far better investment than the other. While electric carmaker Tesla (TSLA 3.09%) and social media specialist Meta Platforms (META +2.06%) are two very different companies that generate revenue from very different sources, both of their futures seem closely tied to AI (artificial intelligence). Interestingly, just a few years ago, the bull case for either stock didn't depend as much on AI as it does today. But both companies are transforming their businesses, with AI at the center. Tesla is expanding its Robotaxi ride-hailing service that depends on advances in AI computing, and Meta Platforms is making a huge bet on AI infrastructure to support both its core business and a more aspirational goal: building a personal superintelligence. But which growth stock is a better bet for investors looking to take advantage of the opportunities in AI? Here is a look at each company and how each one is positioned to benefit from the rise of this powerful computing power. Tesla: Robotaxi could scale quickly Today, Tesla primarily makes money from selling electric vehicles. But over time, management believes the company can increasingly generate revenue from services -- namely, Robotaxi and the self-driving software that powers it. "[W]e expect our hardware-related profits to be accompanied by an acceleration of AI, software and fleet-based profits [over time]," Tesla explained in its most recent quarterly earnings release. Expand NASDAQ : TSLA Tesla Today's Change ( -3.09 %) $ -13.86 Current Price $ 435.20 Key Data Points Market Cap $1.5T Day's Range $ 434.28 - $ 445.04 52wk Range $ 214.25 - $ 498.83 Volume 49M Avg Vol 76M Gross Margin 17.01 % More specifically, every vehicle Tesla sells today is equipped with the hardware Tesla believes will eventually enable full self-driving. Of course, Tesla will need to make software advancements first, as well as further progress in AI. But when the underlying technology is ready, Tesla plans to send an over-the-air s...
Increasing US isolation from other nations is convincing many investors to cut holdings of dollar assets and switch to gold, according to Europe’s largest money manager Amundi SA. The transition away from the greenback is also due to the large US deficits and question marks over future Federal Reserve policy, Vincent Mortier , Amundi’s chief investment officer, said in a Bloomberg Television inter...
Increasing US isolation from other nations is convincing many investors to cut holdings of dollar assets and switch to gold, according to Europe’s largest money manager Amundi SA. The transition away from the greenback is also due to the large US deficits and question marks over future Federal Reserve policy, Vincent Mortier , Amundi’s chief investment officer, said in a Bloomberg Television interview. “We have allocated to gold for the last two years and a half, and I think it can continue, because gold in the long term is a very good protection against debasement and a good way to maintain some purchasing power,” he said. Gold headed for a seventh day of gains Tuesday, after climbing above $5,000 an ounce for the first time ever on Monday. Bullion has surged 85% over the past 12 months, while Bloomberg’s dollar index has fallen 8.5%. Much of the demand for gold is coming from institutional investors, such as central bankers and sovereign wealth firms, said Mortier of Amundi, which oversees about €2.3 trillion euros ($2.7 trillion) of assets, according to its website. Trump’s haranguing of traditional allies, including the latest spat with European nations over Greenland, and the president’s persistent tariff threats will have a cost, according to Mortier. “You cannot bully your allies like this forever,” he said. “There are new alliances that are starting to build. The direction of Europe on Greenland is quite interesting, which shows that under pressure you can find new forms of fightback.” Canadian Prime Minister Mark Carney last week called for middle power nations to act in tandem in a blunt message at the World Economic Forum in Davos, Switzerland, in which he warned against coercion by great powers. All of that is compelling global funds to look for new places to store their money. “The question mark is what do you do when you sell your US dollars?” Mortier said. “The alternative is gold.”
The Philippines indefinitely suspended the entire passenger fleet of Aleson Shipping Lines, operator of a ferry that sank this week off the country’s southern coast which killed more than a dozen. The move is part of the broader audit of the domestic shipping industry ahead of a planned overhaul of the Philippine maritime safety rules, according to Acting Transportation Secretary Giovanni Lopez. T...
The Philippines indefinitely suspended the entire passenger fleet of Aleson Shipping Lines, operator of a ferry that sank this week off the country’s southern coast which killed more than a dozen. The move is part of the broader audit of the domestic shipping industry ahead of a planned overhaul of the Philippine maritime safety rules, according to Acting Transportation Secretary Giovanni Lopez. The Maritime Industry Authority or MARINA, along with the Philippine Coast Guard, has 10 days to complete the inspection and audit not only of Aleson’s vessels but of the crew as well, Lopez said in a media briefing on Tuesday. Authorities will conduct a full-blown investigation of Monday’s incident and will file appropriate cases against all people accountable, including those in government. “If we exact accountability from the ship owners, we’re going to exact higher accountability from the government,” said the transport chief. Eighteen people, including an infant, died after the M/V Trisha Kerstin 3, an inter-island cargo and passenger ferry, capsized off the island province of Basilan before dawn Monday. Authorities are still searching for 10 others, comprising the captain, eight crew members and a coast guard marshall. The vessel, which carried 317 passengers and 27 crew, wasn’t overloaded and the sea was “manageable” when the incident occurred, the coast guard has said initially. Officials revised the number of passengers from the 332 earlier disclosed. Based on records, Aleson had 32 maritime incidents since 2019, Lopez said. “I’m asking MARINA what did we do for the last how many years. Where are the reports? What are our shortcomings?,” said Lopez who took the helm at the transport department in September last year. “This is not just after who’s responsible. More important here is how to move forward, how to institutionalize policies to avoid similar tragedy.” Sea tragedies are not uncommon in the Philippines, an archipelago dogged by aging port infrastructure and ...
在 AI 圈,Sam Altman 的每一次发声都被视为对未来“天气预报”的更新。 昨晚,Altman 在 X 上发帖称将举办一场线上研讨会,希望在开始构建新一代工具之前收集大众的反馈和意见。 北京时间今早 8 点,这场由 OpenAI CEO Sam Altman 发起的研讨会如约而至。来自各行业的创业者、CTO、科学家和开发者社区的代表,围绕 AI 的未来形态、模型演进、智能体(Agent)、...