Intel’s stock plummeted by 10.8% despite announcing a promising partnership with Taiwan Semiconductor Manufacturing Company (TSMC). Intel aims to leverage TSMC’s advanced technology to enhance its foundry business, with TSMC securing a 20% stake in the new venture. Geopolitical tensions, notably China’s 34% retaliatory tariff on U.S. exports, threaten Intel’s pricing strategies and market positioning. […]
SoundHound AI, Inc. faces a securities class action lawsuit, raising concerns about its financial reporting and governance practices. The lawsuit focuses on alleged financial misreporting due to compromised internal controls during acquisitions, notably SYNQ3 and Amelia Holdings, Inc. Investors have until May 27, 2025, to nominate lead plaintiffs to spearhead legal actions and potentially secure […]