Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
China's CXMT Nears Landmark $5 Billion IPO, Challenging Samsung and SK Hynix
CXMT, the world's fourth-largest DRAM chipmaker, will begin taking investor orders next week for its Shanghai IPO, aiming to raise up to $5
HubSpot Demand Surges on Bigger Deals and AI Adoption, Oppenheimer Says
Investment bank Oppenheimer says HubSpot's Q2 demand is stronger than expected, fueled by bigger deals and growing AI adoption. Competition
Micron Boosts US Chip Investment to $250 Billion on AI Demand
Micron is ramping up its US investment to over $250 billion through 2035, betting on AI-fueled demand and a New York mega-site that's ahead
Meta Opens Muse Spark AI to US Developers with Pay-As-You-Go Pricing
Meta has expanded access to its Muse Spark AI model, including the newer Muse Spark 1.1, for US developers through its Model API. The move i
Rackspace Cuts 2026 Forecast, Teams with Palantir on AI for Regulated Industries
Rackspace Technology trimmed its 2026 revenue and profit guidance and announced an AI collaboration with Palantir. The cloud firm also secur
Starbucks Builds In-House AI to Slash $400 Million Software Bill
Starbucks is building AI software in-house to replace Microsoft and IBM systems, targeting a reported $400 million annual software bill. The
Meta's In-House Iris AI Chip Targets September Production to Cut Costs
Meta plans to begin manufacturing its in-house Iris AI chip in September, according to an internal memo. The chip is part of Meta's MTIA pro
MFE to Launch Unified Streaming Platform Across Europe Starting January
MFE-MediaForEurope plans to launch a unified streaming platform across its European markets starting in January. The broadcaster will combin
Applied Materials Gains Long-Term Chip Demand Visibility Through 2030
Applied Materials CEO Gary Dickerson told Nikkei Asia that chipmakers are providing longer-range equipment demand plans, extending past 2027
Amazon's Recommended USB Drives Found to Have Fake Storage Capacity, Nikkei Reports
Nikkei Asia reports that nearly 40% of Amazon's recommended USB drive listings in the US had reviews claiming fake capacity. Tests on five c
SK Hynix's $28 Billion US ADR Sale Sees Seven Times Oversubscription
SK Hynix's $28 billion US ADR sale attracted over seven times the demand, highlighting global investor appetite for AI chip supply chain exp
Computacenter Nearly Doubles Profit as AI Data Center Demand Surges
Computacenter expects full-year results to beat market forecasts as demand for AI-ready data center gear boosts profits. First-half adjusted