TAE Technologies
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Trump Media and TAE Technologies will not spin off Truth Social
Trump Media and TAE Technologies will not spin off Truth Social June 10 : Trump Media and Technology and TAE Technologies said on Wednesday they have decided to not spin off Truth Social and certain other TMTG media assets into a new publicly listed company. Founded by U.S. President Donald Trump and known for its Truth Social platform aimed at conservative audiences, TMTG has faced challenges scaling its media business amid competition from larger social networks and uneven user growth. The...
Trump Media, TAE No Longer Pursuing Truth Social Spinoff
Telecom Trump Media, TAE No Longer Pursuing Truth Social Spinoff Trump Media & Technology Group, TAE Technologies Inc. and Texas Ventures Acquisition III have decided not to continue pursuing a spinoff of some media assets, including Truth Social. Trump Media and TAE, a California-based fusion-energy company, remain committed to finalizing their $6 billion merger announced late last year, the companies said in a statement on Wednesday. They intend to close the transaction in the fourth...
Nvidia’s CEO Says New Vera Chip Will Use SK Hynix’s Memory Chips
Jensen Huang, chief executive officer of Nvidia Corp., right, poses for photographs with Chey Tae-won, chairman of SK Group, at the SK Hynix booth during Computex 2026 in Taipei, Taiwan, on Tuesday, June 2, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair.
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' SEOUL: Nvidia CEO Jensen Huang on Friday (Jun 5) 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. "Because Korea is a manufacturing centre of the world, we can apply the robotics technology, the physical AI technology that we invent here for the...
Expect more of those DRAM price hikes as memory shortage continues to bite
The continuing AI memory crunch saw DRAM prices effectively double in calendar Q1, and the bad news is they are likely to rise again by more than 50 percent in the current quarter, if TrendForce forecasters are on the money. The Taiwan-based market watcher says contract prices for conventional DRAM went up by up to 98 percent during Q1. This was good for the memory chipmakers - which have seen their industry revenue spike 81 percent to $97 billion in the same period - but not so good for buyers.