‘We’re headed in the wrong direction’: Tariffs drive up prices, hurt output: PMI
Manufacturers pulled back on production last month as the Trump administration’s volatile trade policy caused consumer confusion and a drop…
3M expects up to $850M tariff hit
The company is leaning on its 90 days of inventory to soften the blow, hoping to cut the impact cost…
Saks Global to close fulfillment center, cut 450 jobs
The luxury department store joins Kohl’s in being particularly vulnerable to tariffs’ impact on consumer spending, according to Moody’s Ratings analysts.
How UPS customers are navigating Trump’s tariffs
Major shippers are frontloading inventory and considering price hikes, while smaller businesses are prioritizing sourcing diversification, UPS CEO Carol Tomé…
TSMC Arizona expands: One fab, two tones
TSMC has broken ground on its third semiconductor fabrication plant in Arizona, marking a major expansion of its U.S. operations…
Samsung taps Llama 4 to close semiconductor gap with Hynix, Micron
Samsung Electronics’ Device Solutions (DS) division has begun deploying Meta’s latest generative AI model, Llama 4, marking a strategic pivot…
Pharmacy chains merge in Taiwan, but labor pains persist
Taiwan’s pharmaceutical distribution sector is undergoing sustained consolidation, with industry players embracing chain operations to bolster competitiveness and elevate service…
Hot and heavy: JS-SEZ bids to lead AI data center innovation in the tropics
In recent years, Singapore has ceased allowing new data center constructions due to limited land and essential resources such as…
Flex debuts high-powered liquid cooling system for AI-driven data centers
As soaring demand from AI and high-density computing workloads strains the limits of conventional data center cooling systems, Flex has…
China’s DRAM surge could upend global memory prices and supply chains, warns Etron
The global memory market is recovering from a downturn, with memory poised to become a key pillar of AI computing.…