Chipmaker CXMT eyes $9.8 bn in blockbuster China IPO

China’s leading memory chipmaker ChangXin Memory Technologies is seeking billions in an IPO. This move aims to bolster the nation’s artificial intelligence hardware capabilities. The company intends to rival global giants like Samsung and Micron. This significant offering marks China’s largest mainland tech share sale ever. It will provide a strong foundation for China’s AI…

Warren Buffett and Bill Gates no longer friends? Why legendary investor skipped donations to Gates foundation

Warren Buffett is donating nearly six billion dollars of Berkshire Hathaway stock this year. His annual mid-year donation went to four family foundations, not Gates Foundation. Speculation arose after revelations about Bill Gates’ interactions with Jeffrey Epstein. Buffett previously committed to donating shares throughout his life by 2034. He stepped down as a Gates Foundation…