HP CEO Enrique Lores warned investors that memory shortages and higher prices are coming in the second half of the fiscal year. The company is taking aggressive actions now to mitigate the impact, including qualifying new suppliers and adjusting memory configurations. This comes as HP reported stron
The French Development Agency is providing Transnet with a R6 billion loan to accelerate its decarbonisation goals. The funding aims to shift transport from road to rail and boost green hydrogen development. But Transnet’s troubled history raises questions about execution.
AMD is preparing to increase Radeon graphics card prices by at least 10% as AI demand drives up DRAM costs. The timing couldn’t be worse for holiday shoppers, with current Black Friday deals potentially being the last good prices before the hikes hit retail. Similar pressures could affect NVIDIA and
BioMADE has broken ground on a $40 million pilot-scale biomanufacturing facility near Ames, Iowa. The 15,000-square-foot multi-user site will open in 2027 and support defense and commercial product manufacturing while creating new revenue streams for farmers.
The Phalaborwa rare earths project in South Africa just got a major economic boost thanks to yttrium’s explosive price surge. Prices jumped from $6/kg to over $300/kg, transforming the project’s financial outlook. This could add $30 million annually to the project’s EBITDA with no extra production c
ASML has launched its first American training center in Phoenix, Arizona, designed to address the semiconductor industry’s critical talent shortage. The facility will train engineers on cutting-edge DUV and EUV equipment that powers modern chip manufacturing.
Iceye has secured a significant contract with Japan’s IHI Corporation to develop an Earth observation satellite constellation. The deal includes four satellites with an option for 20 more, marking a major step in Iceye’s international expansion. The company is also planning to diversify beyond SAR s
Cyprus-based UAMCO is advancing its LEAP engine MRO capabilities with a new test cell specifically designed for the popular engine variants. The facility, scheduled for completion in December 2026, will support the company’s move into full engine overhauls. Capacity is expected to reach 250 engine t
Scientists have created a microwave technique that focuses heat precisely where chemical reactions occur, achieving 4.5 times higher energy efficiency. The method could transform how we convert CO2 into fuel and recycle plastics. Scaling from lab to industry remains the next big challenge.
French solar company HoloSolis has secured $255 million to build a massive solar panel factory in Sarreguemines-Hambach. The facility aims to produce 5 gigawatts annually by 2030, powering one million homes. This represents Europe’s push for energy sovereignty amid slowing solar expansion.
