Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Micron's $22 Billion AI Signal Lifts China Tech Stocks 4%
China's tech-heavy STAR 50 index climbed 4% after US chipmaker Micron reported a strong forecast and $22 billion in customer commitments. Th
Micron and Qualcomm Forecasts Lift European Tech Stocks 1.7%
Positive earnings guidance from US chipmakers Micron and Qualcomm gave European tech stocks a lift, pushing the STOXX 600 Technology Index u
South Korean Chip Stocks Surge After Micron's $22 Billion AI Signal
SK Hynix rose as much as 11.6% and Samsung gained up to 6.2% after Micron beat forecasts and pointed to $22 billion in customer supply commi
Anthropic Accuses Alibaba of Stealing AI Know-How via Fake Accounts
Anthropic told US lawmakers that Alibaba ran a large-scale 'distillation attack' to train its Qwen model on Claude outputs. Alibaba shares f
Micron and Qualcomm Forecasts Rekindle AI Chip Rally Across Asian Markets
Asian stocks surged after Micron and Qualcomm issued upbeat forecasts, signaling sustained AI-driven chip demand. Japan's Nikkei rose over 2
Qualcomm Targets $40B in Non-Handset Revenue by 2029, Eyes Data Center Growth
Qualcomm outlined plans to diversify beyond smartphones, targeting $40 billion in non-handset revenue by fiscal 2029. New data center deals
Micron's $22 Billion in AI Memory Deposits Signal a Shift to Contracted Revenue
Micron says customers have put $22 billion down to secure future memory-chip supply, using take-or-pay contracts and pricing floors. The dea
Qualcomm Targets Nvidia's Turf With Cheaper AI Chip Strategy, Wins Microsoft and Meta
Qualcomm is taking on Nvidia in AI data centers, winning Microsoft and Meta as customers for its new chips that use cheaper memory. The move
Chinese AI Firm Zhipu Plans Massive Share Sale After Rally Pushes Valuation Past $120 Billion
Zhipu, one of China's top AI firms, is planning a major share sale after its valuation topped $120 billion. But a lockup expiry on July 8 co
Singapore Unveils Eight-Point Plan to Make AI Central to Economic Growth
Singapore released an eight-point plan to build an AI-empowered economy, focusing on partnerships, growth capital, and regular policy update
Wedbush Boosts Cerebras Price Target Despite 16% Stock Drop, Citing Strong AI Demand
Wedbush lifted its price target on AI chipmaker Cerebras Systems to $280 from $270, even as the stock dropped 16% to $189.63. The brokerage
Apple-Intel Chip Deal Could Take Years to Reach Volume Production
Apple may use Intel to make some chips, but analysts warn it could take 2-3 years or more to reach volume production. The timeline tests Int