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Sridhar Babu Invites Malaysian Investment in Telangana's Semiconductor Sector

Sridhar Babu Invites Malaysian Investment in Telangana's Semiconductor Sector

Minister for Information Technology and Industries, D. Sridhar Babu, has extended an invitation to Malaysian companies to invest in Telangana's burgeoning semiconductor and advanced manufacturing sectors. This invitation was made during a meeting with a high-level delegation from Penang, Malaysia, led by Deputy Chief Minister YB Jagdeep Singh Deo, at the Dr. B.R. Ambedkar Telangana Secretariat. The discussions focused on enhancing bilateral cooperation in semiconductors, electronics manufacturing, artificial intelligence, and human capital development. Telangana is positioning itself as a major hub for semiconductor design and electronics manufacturing, with proactive initiatives to attract global investments and create a robust industrial ecosystem. The state offers significant opportunities in sectors such as semiconductors, life sciences, biotechnology, clean energy, aerospace, defense, and precision engineering.
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Telangana Minister Invites Malaysian Companies for Semiconductor Investments

Telangana Minister Invites Malaysian Companies for Semiconductor Investments

D. Sridhar Babu, the Minister for Information Technology and Industries in Telangana, has extended an invitation to Malaysian companies to explore investment opportunities in the state's semiconductor and advanced manufacturing sectors. This invitation was made during a meeting with a high-level delegation from Penang, Malaysia, led by Deputy Chief Minister YB Jagdeep Singh Deo. The meeting focused on strengthening bilateral cooperation in areas such as semiconductors, electronics manufacturing, artificial intelligence, and innovation. Telangana is positioning itself as a major hub for semiconductor design and electronics manufacturing, with proactive initiatives aimed at attracting global investments. The state government is committed to fostering collaborations that promote innovation, economic growth, and skill development.
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AirTrunk Announces $30 Billion Investment in AI Data Centers in India

AirTrunk Announces $30 Billion Investment in AI Data Centers in India

AirTrunk, a data center operator backed by Blackstone, has announced a significant investment of $30 billion in India by 2030. This investment aims to develop 5 gigawatts of new data center capacity, marking one of the largest commitments to India's digital infrastructure sector. The announcement follows a meeting between AirTrunk CEO Robin Khuda and Indian Prime Minister Narendra Modi, who expressed that this investment would bolster India's position as a global hub for cloud computing and artificial intelligence. AirTrunk's expansion in India began earlier this year with the acquisition of Lumina CloudInfra. The company plans to establish a 3GW data center in Maharashtra, with a development pipeline of about 600MW across Mumbai, Chennai, and Hyderabad.
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Daiwa Securities Group Inc. Increases Stake in Taiwan Semiconductor Manufacturing, Reflecting Confidence in AI Growth

Daiwa Securities Group Inc. Increases Stake in Taiwan Semiconductor Manufacturing, Reflecting Confidence in AI Growth

Daiwa Securities Group Inc. Increases Stake in Taiwan Semiconductor Manufacturing, Reflecting Confidence in AI Growth
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AI Investment Theme Continues to Attract Global Interest, Says Fund Manager

AI Investment Theme Continues to Attract Global Interest, Says Fund Manager

AI Investment Theme Continues to Attract Global Interest, Says Fund Manager
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Guntur NRI Couple Accused of Running UK Job and Visa Fraud Network

Guntur NRI Couple Accused of Running UK Job and Visa Fraud Network

A Guntur-based NRI couple, Jagarlamudi Madhukar and Anne Rama Nandana, are accused of orchestrating a large-scale overseas job and visa fraud scheme. The couple allegedly promised employment opportunities in the United Kingdom using fake documents and forged sponsorship certificates. The case came to light after a victim, M. Siva Kranthi Kumar, filed a complaint with the Ibrahimpatnam police, claiming he was cheated under the pretext of receiving a Certificate of Sponsorship and job placement in the UK. The couple reportedly operated from abroad, using social media to attract job seekers. Investigations suggest the fraud network may have affected multiple victims across Andhra Pradesh and Telangana, with a separate case registered in Hyderabad. The accused have been absconding for several months, prompting police to seek assistance from Interpol and coordinate with agencies in neighboring states and foreign jurisdictions.
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Major U.S. Chip Stocks Experience Significant Decline Following Broadcom's AI Guidance

Major U.S. Chip Stocks Experience Significant Decline Following Broadcom's AI Guidance

Major U.S. Chip Stocks Experience Significant Decline Following Broadcom's AI Guidance
TheStreet TheStreet
T-Mobile’s hiring efforts take an unexpected turn after layoffs

T-Mobile’s hiring efforts take an unexpected turn after layoffs

T-Mobile is ramping up hiring even after carrying out multiple rounds of layoffs tied to its shift toward becoming a digital-first company.  After Sirini Gopalan became CEO of T-Mobile in November, the company quietly laid off an unknown number of employees the following month, impacting sales ...
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Micron Begins Production of Advanced DRAM in Virginia, Boosting U.S. Semiconductor Capacity

Micron Begins Production of Advanced DRAM in Virginia, Boosting U.S. Semiconductor Capacity

Micron Begins Production of Advanced DRAM in Virginia, Boosting U.S. Semiconductor Capacity
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Micron Expands U.S. Semiconductor Production with Advanced DRAM in Virginia

Micron Expands U.S. Semiconductor Production with Advanced DRAM in Virginia

Micron Expands U.S. Semiconductor Production with Advanced DRAM in Virginia
Reuters Reuters
Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises'

Nvidia CEO says robotics is South Korea's next big sector, points to 'some suprises'

By Minwoo Park and Hyunjoo Jin SEOUL, June 5 (Reuters) - Nvidia CEO Jensen Huang on Friday said robotics will be South Korea's next major sector, as he arrived for his second visit in seven months, underscoring deepening ties with local firms in not only chips but also robotics and AI factories.
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India and South Africa Enhance Cooperation in AI and Advanced Manufacturing

India and South Africa Enhance Cooperation in AI and Advanced Manufacturing

India and South Africa have agreed to enhance their bilateral cooperation focusing on artificial intelligence (AI), digital infrastructure, and advanced manufacturing. This decision emerged from discussions between India's Minister of State for Science and Technology and South Africa's Deputy Minister of Science, Technology, and Innovation. The talks emphasized moving beyond traditional research cooperation towards innovation-driven partnerships that can deliver economic and societal impacts. Both nations aim to leverage their complementary strengths to create scalable and inclusive technological solutions for the developing world. The meeting highlighted the importance of emerging technologies, innovation ecosystems, and startup partnerships. A key outcome was the decision to intensify collaboration in advanced materials, manufacturing, geospatial technologies, and digital infrastructure. Both countries agreed to accelerate interactions among scientists and technical experts to transform these focus areas...