Seoul Ups Semiconductor Aid To $23.25B Amid U.S. Pressure

Semiconductor chips are seen on a circuit board of a computer in this illustration picture taken February 25, 2022. REUTERS/Florence Lo/Illustration/File Photo South Korea on Tuesday raised its support package for the key semiconductor industry to 33 trillion won ($23.25 billion), up from 26 trillion won announced last year. The measures come in response to … Read more

US start-up PsiQuantum raising US$750 million in quantum computing race, sources say

Quantum computing start-up PsiQuantum is raising at least US$750 million at a US$6 billion pre-money valuation, according to two people familiar with the matter. BlackRock was leading the fundraising effort, which had not yet been completed, one of the people said. Unlike some quantum computing start-ups using exotic materials, PsiQuantum is aiming to modify traditional … Read more

AMD RX 9070 Series Unveiled: Major Performance Leap Over Previous Generations

Will AMD’s RX 9070 Series Redefine the High-End GPU Landscape? In an ever-evolving market where graphics processing power is paramount, AMD’s recent unveiling of the RX 9070 XT and RX 9070 graphics cards marks a bold foray into the high-end segment previously dominated by NVIDIA. The tech giant has released initial performance data suggesting that … Read more