Recent #energy news in the semiconductor industry

about 1 year ago
1. Devon Energy's shares have significantly dropped since October 2022 but are currently trading at a low valuation with a high free cash flow yield. 2. The acquisition of Grayson Mill assets is expected to enhance DVN's production and financial performance, making it one of the largest domestic onshore upstream producers. 3. Despite risks including political and competitive pressures, DVN's valuation and strategic moves make it an attractive investment opportunity.
Acquisitionearningsenergy
over 1 year ago
1. Fraunhofer IOSB-AST improved the day-ahead forecast accuracy by 40% for Albwerk GmbH & Co. KG using AI-based prediction models. 2. The model considers factors like outdoor temperature and global radiation, crucial due to the high number of PV installations in the area. 3. The enhanced forecasting solution has led to reduced balancing energy costs and amounts since its implementation in early 2024.
energyrenewable energytechnology
over 1 year ago
1. Researchers at the University of Minnesota have developed a magnetic tunnel junction-based device that could reduce AI energy consumption by over 1,000 times. 2. The device utilizes computational random-access memory (CRAM) to perform computations within memory cells, eliminating the need for data transfers between logic and memory. 3. This innovation aims to enhance energy efficiency and reduce costs in AI computing applications.
AIUniversity of Minnesotaenergy
over 1 year ago
1. Doosan Enerbility's Q2 operating profit decreased by 37.3% year-on-year due to the underperformance of its subsidiary Bobcat; 2. The company's energy division saw an increase in sales and operating profit due to the expansion of nuclear and gas turbine business; 3. Doosan Enerbility aims to secure contracts in the European nuclear market, following the selection of Korea Hydro & Nuclear Power as a preferred negotiator for new nuclear projects in the Czech Republic.
Financebusinessenergy