Surging demand from AI data centres has driven flash memory prices up fivefold over the past year, giving suppliers such as Kioxia greater leverage over Apple. The shift is increasing storage costs for the iPhone maker, putting pressure on profit margins and contributing to higher prices across its product lineup.
Mirvac’s 45-level Trielle has topped out at Yarra’s Edge, pairing riverfront apartments with wellness facilities, private dining and resident services.
Technology and semiconductor shares fell sharply as investors questioned the debt financing the AI infrastructure boom and confronted higher rates and Chinese competition.
A record 11.5 million Australians now invest beyond super and property, new ASX data shows — driven by ETFs, younger and female investors, and a growing reliance on AI for financial information
Waldorf Astoria Kuala Lumpur is scheduled to open on 30 October, introducing the Hilton luxury brand to Malaysia with an all-suite hotel in the city’s Golden Triangle.
