Business

The $1 trillion spending package includes funds for bolstering cybersecurity posture in critical digital infrastructure.

The executives could discuss security efforts undertaken by critical infrastructure entities, including those in the banking, energy and water utility sectors.

Malaysia recently emerged as a major center for chip testing and packaging, with Infineon, NXP, and STMicroelectronics NV among the key suppliers operating plants there.

Its data center unit, which sells GPU accelerators for supercomputers and AI, had sales of $2.37 billion in the quarter, up 35% from a year earlier.

The business will focus on the acquisition of data centers and fiber networks in Japan, Australia and other Asian markets.

China is increasingly concerned by security issues related to intelligent vehicles, exemplified by the Didi crackdown and pressure on Tesla.

The company sees an opportunity in helping already extremely efficient miners get closer to 100 percent utilization.

The transaction was structured as a purchase of the Helium Network's native token, HNT, used to incentivize the network's expansion.