Browsing: chip

IBS Proposes HK3 Million Acquisition of AI Chip Enterprise

IBS Proposes HK$563 Million Acquisition of AI Chip Enterprise

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Media OutReach Newswire – 30 October 2026 – International Business Settlement Holdings Limited (“IBS” or the “Company”, together with its subsidiaries, the “Group”; stock code: 0147.HK) entered into a Share Purchase Agreement with the shareholder of QuantumCompute Solutions Limited (“QuantumCompute Solutions”) to acquire its entire equity interests for a consideration of HK$563 million

Nasdaq climbs as chip and AI

Nasdaq climbs as chip and AI

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Oct 19 (Reuters) – The tech-heavy Nasdaq Composite led Wall Street gains on Monday as investors returned to the chip sector and other AI-related stocks following last week’s bruising selloff, while investors waited ‌for key corporate earnings reports.