Latest news with #ARMHoldings
Time of India
6 hours ago
- Business
- Time of India
Malaysian firm to train 10K youth from Telangana in chip design
Hyderabad: Even as UK-based semiconductor player ARM Holdings has evinced interest in investing in Telangana, Malaysia's Spring Semiconductors has expressed willingness to take the responsibility to train 10,000 youth by 2030. Telangana IT & industries minister D Sridhar Babu announced this on Wednesday after meetings with delegations from both companies. Spring Semiconductors CEO Ken Ku said the company will develop a specialised curriculum to train local youth in semiconductor manufacturing and design. "The training will involve six months of instruction in Telangana followed by international internships in countries such as Taiwan, South Korea, and Japan," Ku stated, confirming that the ambitious plan will be executed in partnership with T-Consult. Highlighting the growing global demand in the semiconductor sector, Sridhar Babu reiterated the state govt's commitment to skilling Telangana's youth in line with industry needs. Terming Telangana's youth as its greatest asset, the minister said: "They are highly talented and need only the right guidance to excel. Through the Young India Skills University, we are committed to creating industry-ready human capital. " The minister said the govt would provide all necessary support to ARM Holdings to facilitate their entry into Telangana and their growth in the state. Apart from officials of these two companies, T-Consult chairman Sandeep Kumar Makthala, World Telugu IT Council's Malaysia chapter president Maruthi and were among those who attended the meeting.
Time of India
7 hours ago
- Business
- Time of India
Malaysia's Spring Semiconductor, T-Consult to train 10,000 Telangana youth in semiconductor design, manufacturing by 2030
HYDERABAD: Even as UK-based semiconductor player ARM Holdings has evinced interest in investing in Telangana, Malaysia's Spring Semiconductors has expressed willingness to take the responsibility to train 10,000 youth by 2030 in partnership with T-Consult. Telangana IT & industries minister Duddilla Sridhar Babu announced this on Wednesday after meetings with delegations from both the companies. Spring Semiconductors CEO Ken Ku said the company will develop a specialised curriculum to train local youth in semiconductor manufacturing and design. 'The training will involve six months of instruction in Telangana followed by international internships in countries like Taiwan, South Korea, and Japan,' Ku stated, confirming that the ambitious plan will be executed in partnership with T-Consult. Highlighting the growing global demand in the semiconductor sector, Sridhar Babu reiterated the state govt's commitment to skilling Telangana's youth in line with industry needs. Terming Telangana's youth as its greatest asset, the minister said: 'They are highly talented and need only the right guidance to excel. Through the Young India Skills University, we are committed to creating industry-ready human capital.' The minister said the government would provide all necessary support to ARM Holdings to facilitate their entry into Telangana and their growth in the state. Apart from officials of these two companies, T-Consult chairman Sandeep Kumar Makthala, World Telugu IT Council's Malaysia chapter president Maruthi and were among those who attended the meeting. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Bloomberg
08-05-2025
- Business
- Bloomberg
Stock Movers: Crocs Shares Rise, AppLovin Surges, Arm Drops After Downbeat Forecast
On this episode of Stock Movers: • Crocs shares rose after first quarter adjusted EPS and adjusted net income both beat estimates. However, the company withdrew its full year outlook for this year and said it won't provide full-year guidance at this time. • AppLovin jumped after the AI-powered ad platform reported results after the close Wednesday, with both first quarter EPS and net income beating estimates. The company also projects ad revenue to beat forecasts in 2Q. • ARM Holdings shares fell after first quarter sales forecast for $1 billion to $1.1 billion disappointed analysts. CEO Rene Haas blamed the miss on the timing of new agreements with customers, saying the outlook is conservative "to make sure we don't overreach." (Source: Bloomberg)
