August 29, 2024

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Latest August 29, 2024

Emirates Global Aluminium Eyes More Acquisitions to Drive Growth

Key Points: Emirates Global Aluminium is seeking more acquisitions, particularly in metal recycling, targeting growth in Asia, Europe, the US, and Mexico. The company acquired Germany’s Leichtmetall and plans to buy 80% of Minnesota-based Spectro Alloys. EGA aims to increase recycled aluminum production. EGA reported a slight drop in first-half profit to 1.84 billion dirhams...

A useful review of Graphics Processing Unit (GPU)

Graphics Processing Units (GPUs) are essential components in many modern technologies and have significantly advanced the fields of graphics, gaming, and computing. This article discusses the GPU, its importance, environmental impact, trends, and markets. What is a Graphics Processing Unit (GPU)? Graphics Processing Unit (GPU) is a specialized electronic circuit designed to rapidly process and...

Nvidia’s Shares Fall on Soft Forecast, Impacting Broader Tech Sector

Key Points Nvidia shares fell nearly 7%, losing $200 billion in market value, after soft third-quarter forecasts. Other major tech stocks, including Broadcom, AMD, Microsoft, and Amazon, declined. Nvidia’s results may set a cautious tone for the broader market as September approaches, a historically challenging month for stocks. Investor confidence in the AI-driven tech rally...

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