Global chipmaking giants TSMC and Samsung are exploring ambitious, yet uncertain, ventures to establish major chip factories in the UAE, driven by surging AI chip demand and the UAEs aspirations to become a tech hub.
Apollo Global Managements potential multi-billion dollar investment in Intel suggests growing confidence in the struggling chipmakers future amidst restructuring efforts and a potential takeover bid from Qualcomm.
Boeings financial stability and production goals are threatened by a costly and protracted strike by its largest union, creating uncertainty for the companys future.
Declining values of used electric vehicles, particularly popular models, have made them a more affordable option than used gas-powered and hybrid cars in 2024.