The new plant is set to make advanced logic chips used to power mobile devices and autonomous vehicles, as the global auto industry faces a significant semiconductor shortage. The factory would mark Samsung's second chip factory in Texas, where it already manufactures chips at a plant in Austin.
Shares of Paytm parent One97 Communications recovered on Tuesday after two days of decline. The stock was up 4.11% to hit Rs 1,416 on BSE at 10:20 am.
Institutional investors poured in $154 million in the crypto sector in the week ended Nov. 19, with a year-to-date total of $9.2 billion, already exceeding total inflows of $6.7 billion in 2020.
Revenue was at $1.05 billion in the quarter ended Oct. 31, Zoom said, after rising 54% in the previous quarter and surging 360% a year earlier.
Paytm's wretched market debut -- after it conducted India's biggest IPO -- has already sent ripples through India's wider fintech and startup ecosystem.
