SoftBank's Arm is targeting a stock debut that would be the third largest ever. The target valuation reflects a belief that the company will benefit from the rush toward AI chips and generative AI.
The incident is expected to continue to affect some parts of the business operations, the California-based consumer products company said in a regulatory filing.
A cybersecurity advisory panel will investigate malicious targeting of cloud environments, including Microsoft's role in a recent breach of government officials' email accounts by suspected Chinese hackers.
Taiwan Semiconductor Manufacturing Co. has agreed to build an $11 billion plant in Germany in partnership with Infineon Technologies AG, NXP Semiconductors NV and Robert Bosch GmbH.
Chipmakers are concerned about overreliance on SoftBank's Arm technology, which is expanding rapidly into data centers. The move threatens to draw new battle lines in the semiconductor industry.
Thames Water is considering measures to reduce data centers’ water use, including adding flow restrictors to pipes and charging more for water at times of peak demand.
