GenusPlus wins $110M South Australian battery contract
GenusPlus Group (ASX:GNP) has been awarded a landmark $110 million contract for the Koolunga Battery Energy Storage System Project.
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TSMC Says ASML's Latest Chipmaking Gear Is Too Pricey to Use
TSMC will hold off on deploying ASML's most cutting-edge lithography machines for chip production through 2029 to save money. The chipmaker has no plans to adopt ASML's latest high numerical aperture extreme ultraviolet lithography machines, or high-NA EUV, which fetch upwards of 350 million ($410 million) apiece. TSMC is ASML's largest customer, according to Bloomberg's supply chain data. Bloomberg's Neil Campling reports.
Netflix Shares Fall as Guidance Disappoints Investors
Netflix gave a forecast for the second quarter that fell short of analysts' expectations, sending the shares tumbling in extended trading. The results are the first since Netflix walked away from a contentious battle for control of Warner Bros. in February. The streaming pioneer also announced that Chairman and co-founder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests. Bloomberg's Neil Campling reports.