By LiveMint-Business
Samsung Electronics Co. is getting close to securing certification from Nvidia Corp. for the latest version of its AI memory chip, called HBM4, making progress in narrowing the gap with rival SK Hynix Inc.
To address currency volatility, IRFC is considering converting part of its dollar loans into Swiss francs and diversifying its funding sources. With nearly $8 billion in overseas exposure, the company is also exploring refinancing metro rail projects, aiming to improve earnings.
Japanese shares’ ascent to record highs at the start of the year has reinforced a Fidelity International fund manager’s preference for smaller AI-related companies that still look affordable.
TCS, Cognizant and Infosys reported billion-dollar contracts but analysts say Fortune companies are reducing the number of IT vendors they work with to reduce their long-term software services costs.
