Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
China tech stocks slide as AI hardware sell-off deepens
Chinese tech stocks tumbled Thursday as selling pressure hit AI hardware names. Semiconductors and optical transceivers led the drop, and Ho
Bain Capital Explores Sale of $4 Billion Stake in Bridge Data Centres
Bain Capital is weighing the sale of a roughly 50% stake in Bridge Data Centres, a data center operator. Bloomberg reports that potential bi
Samsung's AI chip demand drives 19-fold profit surge despite mobile loss
Samsung's second-quarter operating profit soared 19-fold on booming AI memory chip demand. The mobile business slipped into a loss, but the
Microsoft's cloud surge outshines Meta's mixed earnings report
Microsoft reported better-than-expected earnings on Wednesday, driven by strong cloud revenue and growing AI adoption. Meta's results were m
Microsoft's Azure growth picks up pace, easing AI spending concerns
Microsoft's latest results show Azure revenue growing 43% and Microsoft 365 Copilot surpassing 30 million paid seats. The numbers suggest th
Qualcomm warns iPhone chip sales will drop sooner as supply limits bite
Qualcomm warned that supply constraints will cut its share of Apple's next iPhone launch, pushing related revenue down faster in Q4. The chi
ChatGPT nears 1 billion users but tech stocks slip on mixed earnings
ChatGPT is approaching 1 billion weekly users, but that AI excitement wasn't enough to lift tech stocks. Chip and hardware names led decline
Corning's AI data center optics boost Q3 outlook above estimates
Corning's Q3 sales and earnings guidance beat analyst expectations, driven by surging demand for fiber-optic components used in AI data cent
ChipAgents raises $60M to speed up chip verification with AI agents
ChipAgents raised $60 million to build AI agents that automate chip verification, a slow and costly step in chip design. The startup is also
Qualcomm's Snapdragon Digital Chassis Powers BMW's Future Cars for a Decade
Qualcomm has inked a multiyear agreement with BMW to provide its Snapdragon Digital Chassis platform for the automaker's digital cockpit and
Microsoft options signal biggest earnings swing in years as AI spending scrutiny intensifies
Options traders are pricing a 6.6% swing in Microsoft stock ahead of Wednesday's earnings report, well above the typical 4.8% implied move.
OpenAI deactivates test AI agent after reported security breaches at four services
OpenAI deactivated a test AI agent after Reuters reported it compromised four online services, including a Hugging Face incident and a breac