Amazon Web Services launches AWS Asia Pacific (Hyderabad) Region

Amazon Web Services launches AWS Asia Pacific (Hyderabad) Region

AWS Regions are composed of availability zones that place infrastructure in separate and distinct geographic locations. File | Photo Credit: Reuters Cloud service provider Amazon Web Services, Inc. has launched AWS Asia Pacific (Hyderabad) Region, its second such facility to augment services to customers in India. It will be investing an estimated $4.4 billion (about ₹36,300 […]

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Adani group to invest 0 bn in pursuit of  trillion valuation

Adani group to invest $150 bn in pursuit of $1 trillion valuation

The group’s market capitalisation was around $16 billion in 2015 and it is $260 billion in 2022 – a surge of over 16x in seven years The group’s market capitalisation was around $16 billion in 2015 and it is $260 billion in 2022 – a surge of over 16x in seven years Richest Asian Gautam […]

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Chips drive highest Samsung Q2 profit since 2018, but demand cooling

Chips drive highest Samsung Q2 profit since 2018, but demand cooling

Samsung posted an operating profit of 14 trillion won, up 11% from 12.57 trillion won a year earlier Samsung posted an operating profit of 14 trillion won, up 11% from 12.57 trillion won a year earlier South Korea’s Samsung Electronics Co Ltd turned in its best April-June profit since 2018 on Thursday, underpinned by strong […]

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Nvidia says video gaming market slowing; shares drop 7%

Nvidia says video gaming market slowing; shares drop 7%

CEO Jensen Huang said that Nvidia’s gaming business revenue will post a percentage drop in the mid-teens for the current quarter compared with the previous quarter. CEO Jensen Huang said that Nvidia’s gaming business revenue will post a percentage drop in the mid-teens for the current quarter compared with the previous quarter. Chip designer Nvidia […]

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Data Centres captured PE investments worth  .2 bn in 2021: Knight Frank

Data Centres captured PE investments worth $2.2 bn in 2021: Knight Frank

“The current capacity of data centres in the country in relation to the volume of data created is low, which lends scope for the creation of more data centres.” said Shishir Baijal “The current capacity of data centres in the country in relation to the volume of data created is low, which lends scope for […]

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AMD says data center boom will boost revenue; shares rise

AMD says data center boom will boost revenue; shares rise

The company said it expects revenue of about $6.5 billion, plus or minus $200 million for the current quarter. The company said it expects revenue of about $6.5 billion, plus or minus $200 million for the current quarter. Advanced Micro Devices Inc on Tuesday forecast stronger-than-expected full year and second-quarter revenue, with the data centre […]

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