Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
India Approves $13.3 Billion More for Chip Push, Expands Phone Manufacturing Incentives
India is ramping up its tech manufacturing ambitions with new funding for chip design, fabs, and R&D, plus a five-year program to expand mob
TomTom Shares Slide 10% on Weak Margin Outlook Despite Return to Profit
TomTom shares dropped 10% after the mapping firm warned of weaker second-half margins, overshadowing its return to operating profit with an
ASML Beats Q2 Estimates as AI Demand Offsets China Uncertainty
ASML beat Q2 estimates with €9.33B revenue as AI chip demand drove orders from TSMC, Samsung, and others. The results signal robust factory
Intel Begins Using ASML's $400 Million High NA EUV Tool for Panther Lake Chips
Intel has begun using ASML's $400 million High NA EUV machine for limited production of Panther Lake chips. The move marks a key step in ado
ASML Earnings: Why IBM's AI Wake-Up Call Raises the Bar for Chip Giant
ASML reports second-quarter earnings Wednesday with analysts expecting net profit to rise 8.8% to €2.61 billion. But after IBM's 25% slide o
Powerchip's 45% DRAM Price Hike Signals Extended Chip Shortage Through 2027
Powerchip Semiconductor Manufacturing raised DRAM prices 45% this month and warned shortages could persist into 2027. The move highlights th
Stripe and Advent International Offer $53 Billion to Acquire PayPal
Stripe and private equity firm Advent International have made a $53 billion offer to acquire PayPal at $60.50 per share. The bid represents
SK Hynix ADRs Surge 28% as Cooler US Inflation and Barclays Upgrade Boost Chip Stocks
SK Hynix ADRs surged nearly 28% on Tuesday, driven by a cooler-than-expected US inflation report that boosted chip stocks and a new Barclays
CoreWeave Explores Put Options to Hedge Against Falling Chip Prices
CoreWeave is exploring put options on memory-chip stocks to hedge against falling DRAM and flash storage prices. The move aims to offset ris
OpenAI's First Gadget: A Screen-Free AI Companion That Sees You
OpenAI is reportedly developing its first consumer gadget: a screen-free smart speaker with a camera and sensors. The device aims to be an a
Morgan Stanley Says Netflix Engagement Fears Overblown Ahead of Q2 Earnings
Morgan Stanley lowered its Netflix price target to $90 from $115 but says market fears about subscriber churn and engagement are overdone. T
Oppenheimer Sees IBM Raising Revenue Forecast on Strong Software Renewals
Oppenheimer predicts IBM will raise its full-year constant-currency revenue growth outlook to at least 6% when it reports Q2 results. The op