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Bank of America raised its target price for BP (BP.N) from 525.00 pence to 535.00 pence.

2026-11-02

Bank of America raised its target price for BP (BP.N) from 525.00 pence to 535.00 pence.

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2026-11-02

South Korea’s THE ELEC reports Samsung Electronics has confirmed it will fully exit 8-inch (200mm) chip foundry operations and has notified customers it plans to cease related production lines by end-2030. Samsung previously said it would gradually s

South Korea’s THE ELEC reports Samsung Electronics has confirmed it will fully exit 8-inch (200mm) chip foundry operations and has notified customers it plans to cease related production lines by end-2030. Samsung previously said it would gradually scale back 8-inch manufacturing; this is the first explicit termination timetable. Industry sources say Samsung will consolidate 8-inch operations and redeploy personnel and equipment toward 12-inch (300mm) wafer microfabrication and concentrate investment there. South Korean fabless semiconductor firms that relied on Samsung’s 8-inch capacity are reportedly scrambling to find alternative production sites.
2026-11-02

MARVELL (MRVL.O): the deal with Lumentum includes a termination fee of up to $5.8bln.

MARVELL (MRVL.O): the deal with Lumentum includes a termination fee of up to $5.8bln.
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