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Posted on • Originally published at reuters.com

Tech Spotlight: Daily Tech News

  • Traders expect Nvidia's upcoming earnings report to cause a $300 billion swing, predicting a 9.8% stock move, the largest in three years, per ORATS data.

  • U.S. tech companies, like Amazon and Microsoft, are acquiring energy assets from bitcoin miners to power their growing AI and cloud computing data centers.

  • IDC raised its 2024 global smartphone shipment forecast to 1.23 billion units, citing strong demand recovery and AI features boosting sales.

  • Samsung SDI and General Motors have agreed to invest $3.5 billion to build an EV battery factory in Indiana, with a 27 GWh annual production capacity.

  • Apple is partnering with India's Bharti Airtel to offer its music and video streaming services free to premium customers, expanding its reach in India’s media market.

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