mikkelwilliam AMD ( AMD ) Thursday announced more than $10B in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. Working with strategic partners in Taiwan and globally, AMD ( AMD ) is advancing leading-edge silicon, packaging, and manufacturing technologies that enable higher performance, great...
mikkelwilliam AMD ( AMD ) Thursday announced more than $10B in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. Working with strategic partners in Taiwan and globally, AMD ( AMD ) is advancing leading-edge silicon, packaging, and manufacturing technologies that enable higher performance, greater efficiency, and faster deployment of AI systems. “As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand,” said Dr. Lisa Su , Chair and CEO, AMD. ODM partners, including Sanmina, Wiwynn, Wistron, and Inventec, are helping to build AMD Helios-based systems powered by AMD Instinct MI450X GPUs, 6th Gen AMD EPYC CPUs, advanced networking solutions, and the AMD ROCm open software stack, helping scale the platform from design to high-volume manufacturing. AMD is collaborating with Taiwan -based ASE and SPIL, as well as other industry partners, to develop and qualify next-generation wafer-based 2.5D bridge interconnect technology. EFB architecture increases interconnect bandwidth and improves power efficiency, supporting “Venice” CPUs. Additionally, AMD Helios rack-scale platform deployment is on track for the second half of 2026, the company said. More on AMD AMD's CPU Opportunity Changes The Entire AI Narrative AMD Has An Nvidia Problem AMD: Priced Like A Leader, Operating In Nvidia's Shadow SA analyst upgrades/downgrades: TSLA, AMD, HR, CRWV AMD CEO meets with Chinese Vice Premier
mikkelwilliam AMD ( AMD ) Thursday announced more than $10B in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. Working with strategic partners in Taiwan and globally, AMD ( AMD ) is advancing leading-edge silicon, packaging, and manufacturing technologies that enable higher performance, great...
mikkelwilliam AMD ( AMD ) Thursday announced more than $10B in investments across the Taiwan ecosystem to expand strategic partnerships and scale advanced packaging manufacturing for next-generation AI infrastructure. Working with strategic partners in Taiwan and globally, AMD ( AMD ) is advancing leading-edge silicon, packaging, and manufacturing technologies that enable higher performance, greater efficiency, and faster deployment of AI systems. “As AI adoption accelerates, our global customers are rapidly scaling AI infrastructure to meet growing compute demand,” said Dr. Lisa Su , Chair and CEO, AMD. ODM partners, including Sanmina, Wiwynn, Wistron, and Inventec, are helping to build AMD Helios-based systems powered by AMD Instinct MI450X GPUs, 6th Gen AMD EPYC CPUs, advanced networking solutions, and the AMD ROCm open software stack, helping scale the platform from design to high-volume manufacturing. AMD is collaborating with Taiwan -based ASE and SPIL, as well as other industry partners, to develop and qualify next-generation wafer-based 2.5D bridge interconnect technology. EFB architecture increases interconnect bandwidth and improves power efficiency, supporting “Venice” CPUs. Additionally, AMD Helios rack-scale platform deployment is on track for the second half of 2026, the company said. More on AMD AMD's CPU Opportunity Changes The Entire AI Narrative AMD Has An Nvidia Problem AMD: Priced Like A Leader, Operating In Nvidia's Shadow SA analyst upgrades/downgrades: TSLA, AMD, HR, CRWV AMD CEO meets with Chinese Vice Premier
Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst, with existing investors Peak XV Partners and Z47 also participating. The deal comes despite a broader slowdown in fintech dealmaking. The all-equity round values assigns the startup a post-money valuation of more than $500 milli...
Scapia, an Indian startup that combines travel booking with co-branded credit cards and mobile payments, has raised $63 million in a funding round led by General Catalyst, with existing investors Peak XV Partners and Z47 also participating. The deal comes despite a broader slowdown in fintech dealmaking. The all-equity round values assigns the startup a post-money valuation of more than $500 million, according to a source familiar with the matter, more than doubling its valuation from around $200 million in April 2025. The four-year-old outfit has raised $126 million to date from investors. That General Catalyst, one of the most prominent U.S. venture firms, is leading the round suggests that India’s travel-focused fintech market is drawing serious attention well beyond its home region. The funding comes as investors globally grow more selective in fintech bets after years of aggressive funding. In India, fintech funding remained largely flat in Q1 2026, while the number of deals fell by more than half from a year earlier as investors concentrated capital into fewer, larger deals, per a recent report by Tracxn. By contrast, the U.S. saw fintech funding grow sharply, driven by large rounds for a handful of companies in areas including AI and crypto infrastructure. Investors are betting Scapia can benefit from growing demand among younger Indians for apps that combine payments and travel bookings. Founded in 2022 by former Flipkart executive Anil Goteti, the startup’s app combines co-branded credit cards, UPI-based payments, travel bookings, and commerce in one place. UPI — India’s government-backed real-time payments network and one of the most widely used digital payment systems in the world — is central to how younger Indians move money today. Over the past year, Scapia said flight bookings on its platform grew nearly six times, while hotel bookings increased about eightfold, with smaller Indian cities driving a growing share of demand. Customer growth also rose se...
立法會全體議員7月赴京研修考察7天 預算開支至少140萬元坐經濟客位 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】立法會安排全體議員7月19至25日到北京研修考察，七天行程包括拜訪港澳辦，參與關於國家五年規劃等...
立法會全體議員7月赴京研修考察7天 預算開支至少140萬元坐經濟客位 To view this video please enable JavaScript, and consider upgrading to a web browser that supports HTML5 video 【有線新聞】立法會安排全體議員7月19至25日到北京研修考察，七天行程包括拜訪港澳辦，參與關於國家五年規劃等專題講座，考察航天、人工智能等產業，人均預算開支15,600元。 立法會議員歷來首次全體組團到北京，參加國家事務研修考察。立法會文件說，活動旨在讓議員更好掌握中央的治國理念及發展策略戰略，了解國家五年規劃制定。 7天行程中，會拜訪港澳辦等重要機構，參與專題講座，涵蓋國家五年規劃、國際地緣政治格局等，亦會考察不同新產業，例如航天、新能源交通、人工智能等，亦會了解中國共產黨歷程、全國人大立法過程等。 至於今次考察的預算開支，每位議員15,600元，包含來回機票、旅遊保險、住宿、膳食、交通等費用，其中機票開支預計每人3,700元。文件註明由於航程少於4小時，所有參與者將獲安排坐經濟客位。 如果90名議員全體參與，預算開支至少達140萬元，內會星期五將審議考察建議，如果獲批准，開支將會記入議員在香港以外地方職務訪問的帳目。根據《內務守則》，每位議員的帳目有55,000元，可以在4年任期內使用，如果超出金額，議員須自行承擔。
ALLEKO/iStock via Getty Images When I started to cover Pizza Pizza Royalty Corp. ( PZRIF ) ( PZA:CA ) from July to January , its value had gradually and steadily increased by 5.6%. It even increased to its one-year high of $16.74 in March. But on the next day, its value started to drop and went into a correction. I cannot blame the investors for this adverse reaction considering the market fears b...
ALLEKO/iStock via Getty Images When I started to cover Pizza Pizza Royalty Corp. ( PZRIF ) ( PZA:CA ) from July to January , its value had gradually and steadily increased by 5.6%. It even increased to its one-year high of $16.74 in March. But on the next day, its value started to drop and went into a correction. I cannot blame the investors for this adverse reaction considering the market fears brought upon by wars, accelerating inflation, skyrocketing oil prices, and stiff competition among pizza chains. All this may have contributed to its softer performance, which also softened market expectations during the quarter. And more recently, its fundamentals reveal more weaknesses, which justify the downtrend. Now, its new valuation using price ratios shows that PZA is already at its correct level, but upside potential stays limited. Meanwhile, technicals are already oversold, but bearish tendencies are still strong. PZA Q1 2026: Challenges Intensified The restaurant market has faced a lot of challenges in the past year. From stubborn inflation and intense competition to softer discretionary spending, the impact on sales and margins of many players has been evident. Even those operating in a low-cost business model like Pizza Pizza Royalty Corp. felt the impact as headwinds intensified in recent months. Before I proceed, note that all numbers will be in CAD. In Q1 2026, its operating revenue or royalty income amounted to $9.39M , down by -3.5% YoY from $9.74M. This was much weaker than in my previous coverage, which had positive YoY growth. In fact, this was its weakest performance ever since I started covering PZA, and the first time it had negative change in revenue since Q4 2024. This reflected the mounting impact of inflationary headwinds and competition among pizza chains. Income Statement (Seeking Alpha ) Its royalty income dropped because the sales of restaurants within its royalty pool dropped to $145.83M versus $151.32M. This was a -3.6% YoY decrease despite ...
Good morning . Initial public offerings are back in focus as SpaceX files for its Nasdaq debut. Rachel Reeves prepares new cost-of-living measures. And Elon Musk ties future compensation to building a million-person Mars colony. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,455.25 +0.0% Nasdaq 100 futures 29,430.00 +0.1% WTI crude oil futures $98.92 +0.7% Bloomberg Dollar Spo...
Good morning . Initial public offerings are back in focus as SpaceX files for its Nasdaq debut. Rachel Reeves prepares new cost-of-living measures. And Elon Musk ties future compensation to building a million-person Mars colony. Listen to the day’s top stories . Market Snapshot S&P 500 futures 7,455.25 +0.0% Nasdaq 100 futures 29,430.00 +0.1% WTI crude oil futures $98.92 +0.7% Bloomberg Dollar Spot Index 1,202.02 +0.1% Market data as of 01:17 AM ET. Data is subject to provider delays. The IPO pipeline is heating up in AI and space. SpaceX publicly filed for its Nasdaq debut, revealing billions in losses and a super-voting structure that keeps Elon Musk in control. And OpenAI is said to be preparing for an IPO filing in coming weeks, sending major shareholder SoftBank’s shares sharply higher. Nvidia fell in extended trading after its sales forecast drew a lukewarm response from investors even as revenue from data center operators surged. The company boosted its dividend and announced an $80 billion share buyback program, while touting progress in diversifying revenue sources. Global stocks rose as investors flocked back to the artificial intelligence trade and upcoming IPOs buoyed tech sentiment. Check out our Markets Today live blog for all the latest news and analysis relevant to UK assets. UK Chancellor Rachel Reeves will unveil a package to ease cost-of-living pressures from the Iran war, including free bus travel for children in August and potential cuts to food tariffs. Meanwhile, the UK’s Foreign Office is undertaking job cuts that will halve the size of its team dealing with the fallout from the conflict. Global crude and fuel stockpiles are shrinking at a record pace this month as the Middle East conflict disrupts supplies, according to Goldman Sachs. The bank estimates inventories are falling by 8.7 million barrels a day amid severely reduced flows through the Strait of Hormuz. Brent was near $106 a barrel after sliding 5.6% on Wednesday. Bank CEOs’ AI Obse...
Cambodian authorities have raided two buildings in Phnom Penh’s Prince Plaza Centre, which is linked to extradited Chinese billionaire Chen Zhi , and detained 104 individuals, including 82 Chinese nationals, local media reported. The move comes as governments around the world have intensified their crackdown on an alleged multibillion-dollar online scam empire since Chen’s arrest. 01:46 Thai milit...
Cambodian authorities have raided two buildings in Phnom Penh’s Prince Plaza Centre, which is linked to extradited Chinese billionaire Chen Zhi , and detained 104 individuals, including 82 Chinese nationals, local media reported. The move comes as governments around the world have intensified their crackdown on an alleged multibillion-dollar online scam empire since Chen’s arrest. 01:46 Thai military showcases gutted town-sized scam complex on Cambodian border The raid, a joint operation by Phnom Penh police, the country’s Commission for Combating Technology-Based Scams (CCTC), local government and representatives from the prosecutor’s office, took place on Saturday, the Phnom Penh Post said. Advertisement The detained individuals were of six nationalities and are accused of running online scam operations or illegal residency. The police also confiscated 800 mobile phones, more than 100 computers and other materials, the report said. Advertisement “Based on preliminary forensics, the suspects utilised the locations to carry out technology-based fraud by luring people both inside and outside the country into fake investment schemes,” the CCTC was quoted as saying.
Grapevine PD Arrests Cybertruck Owner In a post on the social media platform X on Tuesday, the Grapevine Police Department issued an update saying that they had arrested a Cybertruck owner after the owner drove into the Grapevine Lake, where the “Cybertruck was stranded in the water.” The police said that the driver “drove into the lake” to test the ‘Wade Mode’ feature when “the vehicle became dis...
Grapevine PD Arrests Cybertruck Owner In a post on the social media platform X on Tuesday, the Grapevine Police Department issued an update saying that they had arrested a Cybertruck owner after the owner drove into the Grapevine Lake, where the “Cybertruck was stranded in the water.” The police said that the driver “drove into the lake” to test the ‘Wade Mode’ feature when “the vehicle became disabled,” adding that the passengers had abandoned the vehicle when it became stuck in the water. Videos on social media showcase the Cybertruck getting stuck in the water and passengers abandoning the vehicle before it appears to sink deeper into the lake. The vehicle was then pulled out of the lake and lifted via cranes, the videos show. Interestingly, this isn’t the first time someone has attempted to drive the vehicle in the lake. A video posted by influencer Sawyer Merritt last year showcased a Cybertruck being driven into the same lake in Texas, but the vehicle did not get stuck in the lake in this instance. What Is Wade Mode? Tesla’s Wade Mode on the Cybertruck is an off-road mode that lets the vehicle drive in shallow rivers or creeks up to a maximum depth of 32 inches and speeds of 20 mph. The Wade Mode, according to Tesla, raises the Cybertruck’s ride height and pressurizes the battery when driving through water. Tesla has outlined that the Wade Mode’s duration is limited to 30 minutes. “It is your responsibility to gauge the depth of any body of water before entering. Damage or water ingress to Cybertruck as a result of driving in water is not covered by the warranty,” the owner’s manual says. Tesla’s Cybertruck Woes Check out more of Benzinga’s Future Of Mobility coverage by following this link. Photo courtesy: Jonathan Weiss / Shutterstock.com
In the last quarter, the company reported 9.73 PEN per share, beating the 5.72 PEN estimate by 70.21%. Revenue for the same period reached 635.39 B PEN, despite the estimate of 620.56 B PEN. For the next quarter, analysts expect 6.19 PEN in earnings per share and 669.16 B PEN in revenue.
In the last quarter, the company reported 9.73 PEN per share, beating the 5.72 PEN estimate by 70.21%. Revenue for the same period reached 635.39 B PEN, despite the estimate of 620.56 B PEN. For the next quarter, analysts expect 6.19 PEN in earnings per share and 669.16 B PEN in revenue.