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Philippine volcano erupts, spewing plumes 5,000 metres high Jun 3, 2024 07:40AM

MANILA (Reuters) -A volcano in central Philippines erupted on Monday, spewing plumes of up to 5,000 metres (16,404.2 feet) high, the country's seismology agency said.

The lowest alert level remained on Mt. Kanlaon in the Philippine province of Negros Oriental, with the level unchanged for several days leading up to the eruption, the Philippine Institute of Volcanology and Seismology (Phivolcs) said in an advisory.

(Reporting by Mikhail... (continue reading...)


Exclusive-Arm aims to capture 50% of PC market in five years, CEO says Jun 3, 2024 07:39AM

By Max A. Cherney

TAIPEI - Arm Holdings aims to gain more than 50% of the Windows PC market in five years, the chip designer's CEO said, as Microsoft and its hardware partners prepare to launch a new batch of computers based on the British firm's technology.

Demand for use of Arm's technology in personal computers got a boost after Microsoft unveiled ambitious plans last month to launch a new breed of PCs with artificial intelligence... (continue reading...)


ASML, Belgium's Imec open laboratory to test newest chip-making tool Jun 3, 2024 07:36AM

AMSTERDAM (Reuters) - ASML, the biggest maker of equipment used to manufacture semiconductors, said on Monday it has opened a test laboratory for its High NA EUV lithography equipment, together with Belgium chip research firm Imec.

The laboratory in Veldhoven, Netherlands, years in the making, will give leading chipmakers and other equipment and materials supply companies an early chance to work with the 350 million euro ($380 million) tool, the first... (continue reading...)


Pakistan court suspends former PM Imran Khan's sentence in state secrets case - ARY News Jun 3, 2024 07:36AM

(Reuters) - A court in Pakistan has overturned the prison sentence of jailed former Prime Minister Imran Khan on Monday in a case pertaining to the leaking of state secrets, local broadcaster ARY news and his lawyer said.

Khan, 71, was previously handed a 10-year prison sentence by a lower court in the case on charges of making public a classified cable sent to Islamabad by Pakistan's ambassador in Washington in 2022.

... (continue reading...)


Nvidia leads global market cap gainers in May with AI-driven rally Jun 3, 2024 07:30AM

(Reuters) - Nvidia led global companies in market cap gains in May, buoyed by a stunning rally as its bumper revenue forecast reinforced investor confidence in the AI-driven surge in chip demand.

Nvidia's market cap soared to $2.69 trillion at the end of May, marking a nearly 25% increase during the month, as the announcement of its stock split further boosted investor enthusiasm.

Microsoft maintained its position as the leading global... (continue reading...)


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