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...previously a regular supplier of a crude oil known as ESPO-blend, which it acquired from privately owned Russian producers and packaged into single shipments from the port of Kozmino, on Russia’s eastern edge...
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...Equipment that is no longer needed by the South Korean producers of cutting-edge chips for smartphones and artificial intelligence systems can be refurbished and reinstalled in Chinese facilities, usually...
...Higher-end audio is a crucial edge for Apple Music over rival Spotify, but it costs more money to produce....
...“By providing confidence to investors, our equity has helped to crowd in the private investment needed for the continued development of this cutting-edge technology.”...
...The US announced last week that it would offer up to $6.4bn in federal subsidies to South Korean tech giant Samsung Electronics, which is investing $40bn in its Texas facilities for cutting-edge logic chips...
...But this premium has more to do with bog-standard accounting than cutting-edge tech....
...R&D tax credits are designed to support companies that work on cutting-edge projects and form a crucial part of a wider government pledge to make Britain a “tech superpower” by 2030....
...share — and have now opened the door to advances in cutting-edge AI chip production....
...Billionaire Elon Musk said this month that while the development of AI had been “chip constrained” last year, the latest bottleneck to the cutting-edge technology was “electricity supply”....
...Analysts said the latest wave of lay-offs showed companies were reshuffling their resources in order to invest in new areas such as generative AI while also showing shareholders there was a continued focus...
...Apple is reportedly moving iPad product development resources to the south-east Asian nation for the first time....
...“It is a very unique technology that will enable cutting-edge chips to be made simply and at a low cost.”...
...The EU now imagines that democratised supercomputer access can also help with the creation of “AI factories,” where small businesses pool their resources to develop new cutting-edge models....
...“Occidental’s technical expertise brings unprecedented scale to this cutting-edge decarbonisation technology,” Larry Fink, BlackRock chief executive, said in a statement....
...“If it is done well Europe will have an industrial and competitive edge by the end of this decade.” But only, he added, “if politicians get it right”....
...He said most tree-planting initiatives were “tinkering round the edges”, given that older natural forests store more carbon than younger trees....
...In Europe, the Oslo-listed Nordic Semiconductor shed 9.9 per cent after cutting its revenue guidance for the third quarter....
...Proponents such as Intel say chiplets can offer designers more flexibility, for instance by combining cutting-edge components with older, cheaper ones....
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...Under Biden, Washington’s controls have widened from sales of cutting-edge chip technology to China to increasingly blocking Chinese battery and electric vehicle producers from accessing generous US government...
...Melanie Windridge, chief executive of advisory group Fusion Energy Insights, said JET had been “running and doing cutting-edge physics for decades, and decades longer than was ever intended”....
...So, too, are the chips and servers that power the cutting-edge technology, driving demand for more efficient cooling solutions....
...Cutting out a layer of management will yield some cost savings. Paco Ybarra, the departing head of ICG, earned $18.9mn last year and is not expected to be replaced. But Fraser must do better....
...The emphasis on cost has underpinned the group’s vertical integration, from supplies of resources to batteries and computer chips....
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