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☆ Team USA pommel horse specialist Stephen Nedoroscik used visualization to help win an Olympic bronze medal
▼ + stars: | 2024-07-30 | by ( Nicolas Vega | ) www.cnbc.com time to read: +2 min

Before his pommel horse routine secured USA Men's Gymnastics its first Olympic medal since 2008, cameras showed Stephen Nedoroscik seemingly napping on the sidelines. The 25-year-old American, who was brought to Paris exclusively to be a pommel horse specialist, had his nation's hopes on his shoulders. "I do it all the time," Nedoroscik told the Washington Post about his habit of visualizing. "I don't think I actually use my eyes on pommel horse," he said. Vision boards can help because there's not much difference to your brain between a strongly imagined vision and an actual experience.

Persons: Stephen Nedoroscik, Nedoroscik, Tara Swart, Swart, there's, You've Organizations: USA, Washington Post, Penn State grad, CNBC Locations: Paris

☆ What to watch at Olympics today: Biles and U.S. go for gold, surfers chase waves — and medals — in Tahiti
▼ + stars: | 2024-07-30 | by ( Lukas Weese | ) www.nytimes.com time to read: +5 min

A gold medal in the team event would be the fifth of Biles’ career. Sign UpSurf’s up for goldAmerican Carissa Moore is looking to defend her gold medal. And don’t forget about Canadian Kylie Masse, a two-time world champion seeking her first Olympic gold. The U.S. will play New Zealand, the reigning gold medal team, in the first semifinal. The winner moves on to the gold medal match against the winner of Canada versus Australia, who play in the other semifinal.

Persons: Simone Biles, —, Jordan Chiles, Sunisa Lee —, Jade Carey, Biles, Kelsey Plum, Jackie Young, Rhyne Howard, Cierra Burdick, Hailey Van Lith, Jimmer, Barry, Kareem Maddox, Dylan Travis, Carissa Moore, Ed Sloane, Getty, Brazil’s Ítalo Ferreira, Tahiti Smith, McKeown, Australia’s Kaylee McKeown, United States ’ Regan Smith, Kylie Masse, Summer McIntosh, Jason Kelce, Ilona Maher, @ilonamaher, Stephen Nedoroscik Organizations: NBC, Biles, —, Tokyo Olympics, United States, Germany, Serbia, BYU —, United, U.S, USA, rugby, New Zealand, Canada, Rugby, Former Philadelphia Eagles, Team USA Locations: U.S, Italy, China, Brazil, Tahiti, Paris, Tokyo, Rio de Janeiro, Biles, United States, Rio, Great, Tuesday’s, Australia

☆ Stephen Nedoroscik beat the odds to earn an Olympic moment, and then he nailed it
▼ + stars: | 2024-07-29 | by ( Dana O'Neil | ) www.nytimes.com time to read: +7 min

Advertisement“But I don’t need to see when I do pommel horse,” Nedoroscik said, a bronze medal draped around his neck and a grin spread across his face. The result: a 14.866 score that secured bronze for Team USA, its first team medal in gymnastics since 2008. “It was Penn State squirrels in the Penn State parking garage,” Jepson said with a laugh. Nedoroscik had come to State College to check out Penn State and its facilities but never told Jepson he was coming. He did it at Penn State, where he eventually won two national titles, and he does it now, on the senior circuit.

Persons: Stephen Nedoroscik, Priestly, “, Wears, ”, Nedoroscik, ” Nedoroscik, Randy Jepson, Nedoroscik hadn’t, ” Jepson, Jepson, he’s, Stephen, Daniela Porcelli, —, Frederick Richard, Paul Juda, Brody Malone, ‘, Jordan Chiles, James Long Organizations: Team USA, Penn State, Jepson, State College, USA, COVID, U.S, United Locations: Paris, Penn State, Tokyo, Eurasia, United States, USA

☆ What to watch at Olympics today: Swimming, skateboarding and U.S. women’s hoops
▼ + stars: | 2024-07-29 | by ( Lukas Weese | ) www.nytimes.com time to read: +7 min

Monday will see five swimming finals at Paris La Defense Arena, the first game for the U.S. women’s basketball team and the men’s gymnastics team final. The Americans have won seven consecutive Olympic gold medals — last missing the top of the podium in 1992. He also won gold at the 2021 world championships and the 2023 X Games in the street competition. Then the Tokyo Olympics happenedJapan’s Coco Yoshizawa, 14, won gold in the women’s street final Sunday. My pick is American Torri Huske winning her first Olympic gold in the women’s 100-meter butterfly.

Persons: It’s, — Sabrina Ionescu, Jackie Young —, A’ja Wilson, Breanna Stewart, Diana Taurasi, Morgan, Taurasi, Titmus, McIntosh, Peacock, Summer McIntosh, Katie Ledecky, Canada’s, Paris Olympics Nadal, Djokovic, Rafael Nadal, Novak Djokovic, Philippe, Nadal, Roland Garros, Carlos Alcaraz, Nyjah Huston, Patrick Smith, Japan’s, Jagger Eaton, Japan’s Coco Yoshizawa, Asher Hong, Paul Juda, Brody Malone, Stephen Nedoroscik, Fred Richard, they’ll, Jenna Flynn Organizations: Paris Games, Paris La Defense, U.S, USA, Japan, NBC, Olympic, Paris Olympics, Roland, Nadal, Los Angeles Games, Greece, The U.S, Spain Locations: Paris, Villeneuve, d’Ascq, France, Japan, U.S, Belgium, Germany, Australian, Canada, Tokyo, United States, Beijing, China, Spain, The

☆ Simone Biles qualifies for a third Olympics after dominating US Olympic Gymnastic Trials
▼ + stars: | 2024-06-30 | by ( Jacob Lev | ) edition.cnn.com time to read: +2 min

CNN —Reigning world champion Simone Biles will become the fourth American woman gymnast to compete in three Olympic Games after placing first in the all-around competition at the 2024 US Olympic Gymnastics Trials Sunday in Minneapolis. Biles started her night on the vault, posting a score of 15.500. Her second rotation of the night - the uneven bars - showed Biles’ consistency, as she finished with a score of 14.200. Like on night one of the competition, Biles was shaky on the beam - her third rotation. In Paris, Biles’ first opportunity to add to her haul of seven Olympic medals will be the women’s team final on July 30, two days before the all-around final.

Persons: Simone Biles, Suni Lee, Jordan Chiles, Biles, Biles dazzled, Jonathan Owens, Biles ’, Asher Hong, Stephen Nedoroscik, Frederick Richard, Brody Malone, Paul Juda, Khoi Young, Shane Wiskus Organizations: CNN, Reigning, Olympic, Target, NFL, Chicago Bears, Tokyo Games, Paris Olympics Locations: American, Minneapolis, Paris, Khoi

☆ Meta's Oversight Board is reportedly planning to cut staff
▼ + stars: | 2024-04-29 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +3 min

Read previewMeta's Oversight Board is preparing to make some job cuts, The Washington Post reported. Mark Zuckerberg announced the Oversight Board, which operates independently from Meta, in late 2018, and it began operating in October 2020. AdvertisementIn a statement sent to Business Insider, Stephen Neal, the Oversight Board Trust's chair, confirmed it was making "targeted cuts." AdvertisementA Meta representative told BI that the company "remains committed to the Oversight Board, which operates independently from the company, and continues to strongly support its work." Meta recently announced it would begin labeling a wider variety of content with its "Made with AI" label after an Oversight Board recommendation.

Persons: —, Mark Zuckerberg, Stephen Neal, Neal, Meta Organizations: Service, Washington Post, Facebook, Business, Meta, Financial Times, Big Tech

☆ The No. 1 habit to teach kids to give them a 'significant advantage,' from psychology expert with 40 years experience
▼ + stars: | 2024-03-19 | by ( ) www.cnbc.com time to read: +5 min

The complexity of meaning carried in our voices — including pitch, tone, volume, and emphasis, qualities known as vocalics — is extraordinary. There is a strong and consistent association between the ability to identify emotion in voices and social success, research shows. Children who learn to successfully use vocalics have a significant advantage when it comes to communication and connection. Here's how parents can teach their kids about vocalics, to help them effectively connect with their peers. Make recordings of your child's voice — and play them for herFew of us enjoy hearing a recording of our voices.

Persons: —, I'm, Dr, Alexia Rothman, Mary, Stephen Nowicki, Charles Howard Candler, Nowicki Organizations: Emory University, Psychological Center, Counseling, CNBC

An enlarged prostate doesn’t always cause symptoms, but when it does, they can be annoying. WHAT CAUSES AN ENLARGED PROSTATE? WHAT ARE THE SYMPTOMS OF AN ENLARGED PROSTATE? The symptoms of an enlarged prostate can include frequent urination and needing to get up many times in the night to pee. HOW IS AN ENLARGED PROSTATE DIAGNOSED?

Persons: King Charles III, Stephen Nakada, “, ” Nakada, it’s, Antihistamines, There's Organizations: University of Wisconsin urologist, palmetto, Associated Press Health, Science Department, Howard Hughes Medical Institute’s Science, Educational Media Group, AP Locations: “

☆ IBM shows new quantum computing chip, targeting 2033 for large systems
▼ + stars: | 2023-12-04 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

International Business Machines’ (IBM) Quantum System Two computer containing three "Heron" processors is seen in this undated handout photo. Courtesy of International Business Machines/Handout via REUTERS/File Photo Acquire Licensing RightsDec 4 (Reuters) - International Business Machines (IBM.N) on Monday showed a new quantum computing chip and machine that it hopes will serve as the building blocks of much larger systems a decade from now. Researchers around the world are trying to perfect quantum computing, which relies on quantum mechanics to reach computing speeds far faster than classical silicon-based computers. The challenge has been to create quantum computers that are reliable enough in the real world to consistently beat conventional computers. Microsoft (MSFT.O), Alphabet's Google (GOOGL.O) and China's Baidu (9888.HK), along with startups and nation states, are all racing to develop quantum machines.

Persons: Baidu, Dario Gil, IBM's, " Gil, it's, Stephen Nellis, Diane Craft Organizations: Machines, IBM, Business Machines, REUTERS, Microsoft, Google, HK, Reuters, Thomson Locations: San Francisco

Nov 29 (Reuters) - Synopsys (SNPS.O) on Wednesday forecast first-quarter revenue above Wall Street expectations, as artificial intelligence (AI) adoption boosted demand for the company's chip designing software. Synopsys forecast current-quarter revenue between $1.63 billion and $1.66 billion, above analysts' average estimate of $1.60 billion. The rise in custom chip design efforts by firms like Microsoft (MSFT.O) and Alphabet (GOOGL.O) has also boosted demand. "You need a very specific silicon in order to power that (AI) training," Sassine Ghazi, the company's president and chief operating officer, said of the boom in AI chips in an interview. Ghazi told Reuters that increased use of Synopsys AI services helped boost the value of some of its contracts by 20% at renewal time.

Persons: Sassine Ghazi, Ghazi, Aart de Geus, Synopsys, Harshita Mary Varghese, Shailesh Kuber, Deepa Babington Organizations: Design, Microsoft, Intel, Mercedes, Benz, Reuters, Revenue, Thomson Locations: Sunnyvale , California

☆ Amazon announces new data center chip as Microsoft rivalry intensifies
▼ + stars: | 2023-11-28 | by ( ) www.reuters.com time to read: 1 min

The logo of Amazon is seen at the company's logistics centre in Boves, France, October 6, 2021 REUTERS/Pascal Rossignol/File Photo Acquire Licensing RightsNov 28 (Reuters) - Amazon.com (AMZN.O) on Tuesday introduced its newest data center chip for its cloud computing service as competition with Microsoft (MSFT.O) to dominate the market for artificial intelligence heats up. At a conference in Las Vegas, Amazon Web Services Chief Executive Adam Selipsky announced Graviton4, the cloud firm's fourth custom central processor chip, which it said is 30% faster than its predecessor. The news comes weeks after Microsoft announced its own custom chip called Cobalt designed to compete with Amazon's Graviton series. Reporting by Yuvraj Malik in Bangalore and Stephen Nellis in San FranciscoOur Standards: The Thomson Reuters Trust Principles.

Persons: Pascal, Adam Selipsky, Graviton4, Amazon's, Yuvraj Malik, Stephen Nellis Organizations: Microsoft, Web Services, Thomson Locations: Boves, France, Las Vegas, Bangalore, San Francisco

A smartphone with a displayed NVIDIA logo is placed on a computer motherboard in this illustration taken March 6, 2023. But the red-hot market for AI chips is playing out in the context of vastly expanded U.S. export controls on what Nvidia can sell to China. Jacob Bourne, analyst at Insider Intelligence, said that those China-focused chips could consume vital research resources at Nvidia for products that could end up banned just like its first round of China market chips. Rival Advanced Micro Devices (AMD.O) had earlier touted the quantity of high-bandwidth memory on one of its competing AI chips. Chinese tech company Huawei's (HWT.UL) AI chip is also gaining traction from local firms as U.S. pressure makes it hard to access Nvidia chips.

Persons: Dado Ruvic, Nvidia, Jesse Cohen, Colette Kress, Jacob Bourne, Bourne, Chavi Mehta, Max A, Stephen Nellis, Arun Koyyur, Sayantani Ghosh, Matthew Lewis Organizations: NVIDIA, REUTERS, Wall, Nvidia, LSEG, Insider Intelligence, Devices, Google, Microsoft, San, Thomson Locations: China, Israel, Gaza, United States, Bengaluru, Max, San Francisco

U.S. oversight of Big Tech financial services is fragmented. The CFPB rule would toughen up supervision, requiring Big Tech to comply with its rules on privacy protections, executives' conduct and unfair and deceptive practices. Without regulatory scrutiny, they could leverage their growing dominance of consumer payments to capture other services like lending and card issuing, analysts said. 'LEG UP'Representatives for Big Tech have accused the CFPB of trying to protect traditional lenders. While Big Tech companies have deep pockets and plenty of resources to handle the new scrutiny, the rule could limit how they use and protect consumer data.

Persons: Dado Ruvic, Rohit Chopra, Todd Phillips, Dodd, Frank, It's, Paige Pidano Paridon, Chopra, John Coleman, Hannah Lang, Stephen Nellis, Michelle Price, Richard Chang Organizations: Apple, REUTERS, Wall, Big Tech, Consumer Financial Protection Bureau, Google, Georgia State University, PayPal, Federal, McKinsey, Bank, BPI, Banks, Representatives, Big, Herrington, Thomson Locations: U.S, Washington

☆ Xi tells US firms China ready to be partner and friend
▼ + stars: | 2023-11-16 | by ( Michael Martina | ) www.reuters.com time to read: +5 min

Xi received a standing ovation as he entered the room, and two more before and after he took the stage to speak. "Whatever stage of development it may reach, China will never pursue hegemony or expansion, and will never impose its will on others. China does not seek spheres of influence, and will not fight a cold war or a hot war with anyone," Xi said. China and the U.S. reached an agreement to curb fentanyl production in earlier talks between Xi and Biden. Analysts have said Xi's speech alone is unlikely to dramatically alter U.S. business sentiment about China.

Persons: Xi Jinping, Carlos Barria, Xi, Joe Biden, Biden, Tim Cook, Laurence Fink, Broadcom's, Hock Tan, Ray Dalio, Albert Bourla, Gina Raimondo, Mike Gallagher, Gallagher, Gary Dvorchak, Dvorchak, Michael Martina, Valerie Insinna, Stephen Nellis, Lisa Baertlein, Niket, Ethan Wang, Liz Lee, Stephen Coates Organizations: National Committee, China Relations, China Business Council, Economic Cooperation, REUTERS, Apple, BlackRock, Pfizer, SAN FRANCISCO, U.S, Beijing, Congress, Bridgewater Associates, Commerce, U.S . House, Representatives, Muslim, U.S ., Communist Party, Thomson Locations: Asia, San Francisco , California, U.S, China, United States, San Francisco, Beijing, Washington, China . U.S, Iowa

☆ Tromsø golf club: The world’s northernmost golf course
▼ + stars: | 2023-11-15 | by ( Jack Bantock | ) edition.cnn.com time to read: +4 min

Golf plays on a different axis in the “Land of the Midnight Sun,” and nowhere is that difference more pronounced than at Tromsø golf club, the world’s northernmost 18-hole golf course. Arguably though, it’s overhead where Tromsø golf club really separates itself. It’s a one-of-a-kind experience that has helped drive what Sonsteby has noted as an increased appetite for golf in the region, with Tromsø golf club adding 65 new members to its 470 total membership this year alone. “Now we see the massive increase that Viktor and Suzann have created in golf in this country,” Stephen Newey, head pro at Oslo Golf Club and Pettersen’s junior coach, told CNN. “The kids want to play golf – ‘I want to be like Viktor, I want to be like Suzann,’ and they can.”

Persons: Bjorn Sonsteby’s, ” Sonsteby, “, ‘, Cam Bauer, Sonsteby, Jan Morten Bjoernbakk, Viktor, Viktor Hovland, Hovland, Ryder, Richard Heathcote, Suzann Pettersen, Suzann, ” Stephen Newey, ” Organizations: CNN, Sun, Norway –, Lights, PGA, Getty, Oslo Golf, Pettersen’s Locations: Norwegian, “, Tromsø, Norway, Oslo, Rome

☆ Synopsys, Microsoft team up for a chip-design assistant
▼ + stars: | 2023-11-15 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

But Synopsys (SNPS.O) on Wednesday said it has worked with Microsoft to create its own Copilot to help with designing computer chips. Synopsys trained the system on huge troves of data it has accumulated over decades in business to help with that. "But if you're not generating (chip design work) that is over 99.9% accurate, you're introducing a bug in your chip, which is worth hundreds of millions of dollars." Fixing bugs is one of the lengthiest and costliest parts of the chip design process. Microsoft said it has already started to test the Synopsys system with its own chip design teams, which on Wednesday unveiled the company's first in-house data center chips.

Persons: Steve Marcus, Synopsys, Shankar Krishnamoorthy, Krishnamoorthy, Erik Berg, Stephen Nellis, Nick Zieminski Organizations: REUTERS, Microsoft, Wednesday, San, Thomson Locations: Las Vegas , Nevada, U.S, San Francisco

☆ Microsoft introduces its own chips for AI, with eye on cost
▼ + stars: | 2023-11-15 | by ( Stephen Nellis | ) www.reuters.com time to read: +4 min

Microsoft said it does not plan to sell the chips but instead will use them to power its own subscription software offerings and as part of its Azure cloud computing service. Microsoft and other tech giants such as Alphabet are grappling with the high cost of delivering AI services, which can be 10 times greater than for traditional services such as search engines. The Maia chip, they said, is optimized for that work. Microsoft also said that next year it will offer its Azure customers cloud services that run on the newest flagship chips from Nvidia (NVDA.O) and Advanced Micro Devices. He said the Maia chip would allow Microsoft to sell AI services in the cloud until personal computers and phones are powerful enough to handle them.

Persons: Maia, OpenAI, Scott Guthrie, Ben Bajarin, Bajarin, Microsoft's Guthrie, Guthrie, Rani Borkar, Borkar, Stephen Nellis, Edmund Klamann Organizations: Reuters, Microsoft, REUTERS Acquire, Wednesday, Ignite, Nvidia, Devices, Amazon Web Services, Arm Holdings, Amazon, Taiwan Semiconductor Manufacturing, Thomson Locations: Redmond , Washington, Seattle, San Francisco

☆ Tricky politics on menu for China's Xi at US business dinner
▼ + stars: | 2023-11-14 | by ( Michael Martina | ) www.reuters.com time to read: +5 min

But the event, yet to be formally announced by hosts U.S.-China Business Council (USCBC) and the National Committee on U.S.-China Relations (NCUSCR), also presents uneasy optics. The USCBC and NCUSCR both declined to comment on the planned dinner. Xi has overseen a crackdown on U.S. consultancy and due-diligence firms, a further blow to investor confidence. Jeff Moon, a former U.S. trade official turned business adviser, said China's goal would be to soften Xi's image and attract investment, but that the dinner was unlikely to "move any needles." "They have come to accept that there's no substitute for hearing and seeing and observing what Xi Jinping is doing," said Patel.

Persons: Carlos Barria, Xi Jinping, Joe Biden, Xi, MIGNON, Jeff Moon, mignon, Mike Gallagher, Biden, Janet Yellen, Nirav Patel, Jinping, Patel, David Brunnstrom, Stephen Nellis, Michelle Nichols, Lincoln Organizations: APEC, Economic Cooperation, REUTERS, FRANCISCO, Wednesday, Reuters, U.S, China Business Council, National Committee, China Relations, Muslim, Asia, Thomson Locations: Asia, Pacific, San Francisco , California, United States, San Francisco, U.S, China, Washington, Muslim Uyghurs, Beijing

☆ Nvidia upgrades flagship chip to handle bigger AI systems
▼ + stars: | 2023-11-13 | by ( Stephen Nellis | ) www.reuters.com time to read: +1 min

The H200, as the chip is called, will overtake Nvidia's current top H100 chip. The primary upgrade is more high-bandwidth memory, one of the costliest parts of the chip that defines how much data it can process quickly. Nvidia dominates the market for AI chips and powers OpenAI's ChatGPT service and many similar generative AI services that respond to queries with human-like writing. The H200 has 141-gigabytes of high-bandwidth memory, up from 80 gigabyte in its previous H100. Nvidia also buys memory from Korea's SK Hynix (000660.KS), which said last month that AI chips are helping to revive sales.

Persons: OpenAI's, Stephen Nellis, Sam Holmes Organizations: Nvidia, Google, Oracle, Nvidia's, Micron Technology, Korea's SK Hynix, Amazon Web Services, Microsoft, Oracle Cloud Infrastructure, Lambda, Thomson Locations: San Francisco

☆ Wearable 'Ai Pin' launched by Humane, backed by ex-Apple execs and Microsoft
▼ + stars: | 2023-11-09 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

The Ai Pin, as the device is called, is designed to be worn on clothing and can be tapped to talk to a virtual assistant powered by technologies from ChatGPT-creator OpenAI and cloud computing power from Microsoft (MSFT.O). Founded by ex-Apple (AAPL.O) veterans who worked on the iPhone, Humane is one of many companies in Silicon Valley angling to find the next wave of consumer devices. Instead, Humane is offering a device with no traditional screen that relies almost entirely on artificial intelligence to interact with the user. "Ai Pin is the embodiment of our vision to integrate AI into the fabric of daily life, enhancing our capabilities without overshadowing our humanity," Chaudhri said in a statement. The company said the Ai Pin will be available in the United States from Nov. 16.

Persons: Imran Chaudhri, Ai, Chaudhri, Sam Altman, Stephen Nellis, Rosalba O'Brien Organizations: Microsoft, Apple, Humane, Thomson Locations: Silicon, United States, San Francisco

☆ Aeva to supply self-driving sensors to NTT-backed May Mobility
▼ + stars: | 2023-11-08 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Sensor is seen on a vehicle at Aeva Inc, a Mountain View, California-based startup that makes lidar sensors to help self-driving vehicles see the road in an undated handout photo provided September 4, 2020. Courtesy of Aeva Inc/Handout via REUTERS/ File Photo Acquire Licensing RightsNov 8 (Reuters) - Aeva Technologies (AEVA.N) on Wednesday said it has inked a deal to supply May Mobility with a key sensor for its self-driving shuttles. Silicon Valley-based Aeva has developed what is known as a lidar sensor that helps self-driving vehicles gain a detailed, long-range view of the road. Under the deal, Aeva will supply multiple sensors for "thousands" of May Mobility vehicles through 2028, Aeva Chief Executive Officer Soroush Salehian told Reuters in an interview. He said May Mobility will need to rewrite some of its software to use the Aeva sensors but that they will eventually improve the long-range sensing of its shuttles, which are based on Toyota Sienna minivans.

Persons: Cruise, Soroush Salehian, Edwin Olson, Olson, Stephen Nellis, Mark Potter Organizations: Aeva Inc, REUTERS, Aeva Technologies, Mobility, Motors, Japan's Nippon, Telephone, NTT, Toyota, Aeva, Reuters, May Mobility, Toyota Sienna, San, Thomson Locations: , California, Silicon, Michigan, San Francisco

REUTERS/Dado Ruvic/Illustration Acquire Licensing RightsNov 8 (Reuters) - Semiconductor company Arm Holdings (O9Ty.F), on Wednesday gave a fiscal third-quarter sales outlook below Wall Street estimates, with the company attributing the forecast to a large deal that will likely land later than expected. Arm became publicly listed again in September after Japan's SoftBank Group (9984.T), which still owns more than 90% of Arm, sold off some of its shares. For the current fiscal third quarter, Arm expects a revenue range with a midpoint of $760 million, below analyst estimates of $767.84 million, according to LSEG data. Arm said that royalty revenue for the fiscal second quarter declined to $418 million, below analyst expectations of $420.3 million, according to data from Visible Alpha. Child told Reuters that Arm's second quarter royalty revenues still reflected a chip glut that affected the chip industry broadly.

Persons: Dado Ruvic, Japan's, Ben Bajarin, Jason Child, Child, Stephen Nellis, Max A, Yuvraj Malik, Aurora Ellis, Lisa Shumaker Organizations: REUTERS, - Semiconductor, Arm Holdings, Wednesday, Analysts, Creative, Reuters, Nvidia, Intel, Alpha, Thomson Locations: San Francisco, Bengaluru

☆ Aeva inks sensor deal with Nikon for industrial machines
▼ + stars: | 2023-11-06 | by ( Stephen Nellis | ) www.reuters.com time to read: +2 min

Courtesy of Aeva Inc/Handout via REUTERS/File photo Acquire Licensing RightsNov 6 (Reuters) - Aeva Technologies (AEVA.N) on Monday said that it has signed a deal to produce sensors for Nikon (7731.T) industrial machines that can scan objects like cars coming off an assembly line for microscopic defects. While Aeva is targeting the automotive market, its sensor can also be used in other applications that require three-dimensional scanning, and in 2021 the company said it was working with Nikon to improve the Japanese firm's industrial equipment. The Aeva sensor aims to make the machines smaller and cheaper so that more vehicles can be inspected. Aeva said it expects to start supplying sensors to Nikon next year, with Nikon products with Aeva sensors hitting the market in 2025. Salehian declined to say how many sensors Aeva will ship or how much revenue the company expects from the Nikon deal.

Persons: Salehian, Aeva, Stephen Nellis, Kirsten Donovan Organizations: Aeva Inc, REUTERS, Aeva Technologies, Nikon, Reuters, Thomson Locations: , California, View , California, San Francisco

A woman looks at a new iPhone 15 Pro and a Huawei Mate 60 Pro as Apple's new iPhone 15 officially goes on sale across China, at an Apple store in Shanghai, China September 22, 2023. Research firm Canalys estimated that overall smartphone sales in China fell 3% in July-September from a year earlier as consumers bought fewer smartphones as an economic recovery was choppy. On the other hand, analysts estimate that Huawei's China smartphone sales grew strongly in the quarter. Apple said on Thursday that its overall sales in China dipped 2.5% but it blamed tough Mac computer and iPad sales for that. Aggressive discounting on the iPhone 15 series in the run up to the annual Singles Day shopping festival by major Chinese online retailers is also encouraging demand.

Persons: Aly, Tim Cook, Apple, Cook, Canalys, Apple's, Huawei's, Yuvraj Malik, Bengaluru ， Stephen Nellis, Yelin, Arsheeya Bajwa, Harshita Varghese, Sayantani Ghosh, Gerry Doyle Organizations: Huawei, Apple, REUTERS, Huawei Technologies, Reuters, Research, HK, Taobao, Pro Max, Qualcomm, Thomson Locations: China, Shanghai, Bengaluru ，, San Francisco, Yelin Mo, Beijing, Bengaluru

Apple shares, which have risen 37% so far this year, dropped 3.4% after-hours, following the forecast. Maestri said Apple expects to have higher iPhone sales for the fiscal first quarter, even though this year's holiday quarter has one fewer week of sales than the year-ago. Cook said the company's new high-end handset models - the iPhone 15 Pro and Pro Max devices - are facing supply constraints. Apple's sales in China fell to $15.08 billion from $15.47 billion in the fourth quarter a year ago. Cook said that after accounting for foreign-exchange rates, Apple's business in China grew year-over-year, driven by iPhone sales and services revenue.

Persons: Tim Cook, Apple, Cook, Luca Maestri, Bob O'Donnell, Davidson, Tom Forte, Aly, Max, Nabila Popal, Lionel Messi, Stephen Nellis, Yuvraj Malik, Sayantani Ghosh, Peter Henderson, Matthew Lewis, Leslie Adler Organizations: Huawei, Apple, TECHnalysis Research, Mac, REUTERS, Huawei Technologies, U.S, Reuters, Pro, Apple Watch, Thomson Locations: China, Cupertino , California, Shanghai, San Francisco, Bengaluru

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