Quanta has agreed to buy AUO's Taoyuan factory in Guishan Hwa Ya Park for NT$19.7 billion, moving to add server production capacity as its Taiwan lines run at full utilization. The new capacity is expected to enter mass production in the second half of 2027.
ASM International NV failed to impress investors despite an upbeat revenue forecast for the current quarter, underscoring heightened market expectations for companies benefiting from the AI spending boom.
Legora has acquired London startup Wexler to better serve trial lawyers. The deal continues an acquisition spree for the Swedish-born software maker.
Inflation and affordability are top issues for the Federal Reserve’s rate-setting committee as it votes on whether to raise interest rates or keep them steady.
Policymakers at the Federal Reserve are meeting to discuss interest rates Wednesday. They're expected to hold rates steady, but there's a chance they could raise rates to combat stubborn inflation.
