What’s going on? Google revealed its very own AI chip, for its own use. What does this mean? Google’s “Axion” chip will essentially work as a brain for data centers, which fuel Google’s search engine and AI projects that could handle everything from tailoring YouTube ads to analyzing the search results of millions. Axion will…
Tag: chip
Ep 177: Companies are boosting CAPEX and what that might imply about the post-pandemic economy
What’s going on? Companies are spending 15% more in 2021 than they have done before the pandemic to equip themselves for the post-pandemic future. What does this mean? Supply delays, chip shortages, and the green revolution are forcing companies to invest in their production capabilities and in-house technology. This is also accompanied by increasing consumer spending,…
Ep 153: Foxconn’s positive quarterly result and the electronics industry
What’s going on? Foxconn (Taiwanese electronics giant) released a surprising pleasant quarterly yoy growth of 30% yoy, while reducing future sales forcast. What does this mean? Foxconn is the world’s largest manufacturer of electronic equipment for other companies, including iPhones for Apple. Strong demand for smartphones and other consumer gadgets helped its profit surge beyond…
