Manufacturing sector

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Shares in chipmakers underpinning AI boom rocket in first half of 2026

Value of some chip manufacturers have tripled, or more, driving Asia Pacific stock markets sharply higherShares in chipmakers have surged in the first half of this year as investors piled into companies that make the hardware underpinning the AI boom, according to analysis.Investors have driven up the value of semiconductor and memory chip manufacturers, whose […]

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‘Fork in the road’: CEO of Amazon-backed Rivian on why carmakers need to invest in EVs

RJ Scaringe says firms focused on selling fossil fuel engines risk being ‘woefully behind’ on technology by end of decadeCarmakers that focus on selling fossil fuel engines are at risk of being “woefully behind” on technology by the end of the decade, according to the boss of Rivian, an Amazon-backed US electric carmaker.RJ Scaringe, Rivian’s

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How Europe’s EV makers shrank their product to challenge the bloated SUVs

Smaller, cheaper cars built for narrow city streets are becoming more stylish – but require careful design decisionsThe winding backstreets of London, Paris and Rome are a large part of their charm. But they are also a problem for electric carmakers. For a long time, squeezing big batteries into smaller, cheaper cars to fit European

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‘Look, no hands’: China chases the driverless dream at Beijing car show

As domestic sales slow manufacturers are investing in AI and seeking growth in technology and in overseas marketsAt the world’s biggest car fair, which opened in Beijing on Friday, there were hundreds of manufacturers, more than 1,000 vehicles, hundreds of thousands of enthusiasts – and hardly anyone behind a wheel.China’s car companies have cornered the

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Nissan turnaround plan pins hopes on ‘AI-defined vehicles’

Japanese carmaker will add self-driving abilities to 90% of cars in future and cut a fifth of its modelsNissan has said it will add self-driving abilities to the vast majority of its cars and cut a fifth of its models in the latest stage of the Japanese carmaker’s drawn-out turnaround efforts.Ivan Espinosa, Nissan’s chief executive,

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Rolls-Royce secures nearly £600m in UK government cash to develop small reactors

Engine-maker CEO hails ‘critical milestone’ for company in race to deliver SMR technology built at Wylfa plant on Anglesey Business live – latest updatesRolls-Royce has secured up to £599m from Britain’s national wealth fund as it races to develop the UK’s first small modular nuclear reactors.The fund will help support Rolls-Royce’s design of small modular

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Inside China’s robotics revolution

How close are we to the sci-fi vision of autonomous humanoid robots? I visited 11 companies in five Chinese cities to find out Chen Liang, the founder of Guchi Robotics, an automation company headquartered in Shanghai, is a tall, heavy-set man in his mid-40s with square-rimmed glasses. His everyday manner is calm and understated, but

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Rolls-Royce profits soar 40% amid booming demand for AI datacentre power

Engine maker promises to give up to £9bn to shareholders over next three years as turnaround gathers paceRolls-Royce’s profits soared by 40% last year as the engineering company’s turnaround gathered pace, helped by booming demand for power from datacentres.The company reported underlying profits of £3.5bn for 2025, up from £2.5bn the year before, as it

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