Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Chip Stocks Surge as Qualcomm Secures Samsung Deal for Snapdragon Chips
Chip stocks led the tech sector higher after Qualcomm revealed Samsung will use its Snapdragon processors across a new lineup of devices. Th
BofA Sees Amazon Q2 Beat on AWS AI Demand; Prime Day May Cloud Q3 Outlook
Bank of America expects Amazon's Q2 results to top Wall Street forecasts, driven by faster AWS growth from AI workloads. However, Prime Day'
Amazon Cuts AGI Team Roles but Reaffirms AI Model Building as Top Priority
Amazon has cut roles in its artificial general intelligence (AGI) group, according to Reuters, following larger layoffs in January. The comp
AMD Bets Up to $5 Billion on Anthropic in AI Server Deal Worth Tens of Billions
AMD is investing up to $5 billion in Anthropic and selling the AI startup tens of billions of dollars worth of servers. The deal highlights
SK Hynix Eyes Intel's Ohio Chip Campus for US Memory Production
SK hynix is reportedly evaluating Intel's chipmaking campus in New Albany, Ohio, as a potential site for US memory production. The South Kor
PsiQuantum Wins $125M DARPA Deal to Test Feasibility of Useful Quantum Computer by 2033
PsiQuantum has landed a $125 million deal with DARPA to independently test its quantum computing technology. The agency's Quantum Benchmarki
Volkswagen Deepens China AI Ties to Accelerate Self-Driving Tech
Volkswagen is strengthening its collaboration with Chinese AI firm Horizon Robotics to speed up development of self-driving software. The au
Japan's Noetra Plans $2.3B AI Brain for Robots with Nvidia Chips
Japan's Noetra, backed by over 380 billion yen in first-year funding, plans to build a homegrown AI brain for robots using 27,500 Nvidia Rub
Big Tech's AI Revenue Gains Face Rising Capex Costs Through 2027
Big Tech's AI products are boosting revenue, but massive data-center spending could outpace free cash flow by 2027. Reuters analysis shows a
Germany's 152-Point Startup Plan Targets Easier Hiring and More Private Capital
Germany is set to approve a 152-measure plan to make it easier for startups to hire, raise money, and scale at home. The cabinet will sign o
Samsung in Talks to Invest €1 Billion in French AI Startup Mistral
Samsung is reportedly in talks to invest roughly €1 billion in French AI startup Mistral. The funding round, which also involves Swedish fir
Wistron Opens Texas Plant to Build Nvidia's Latest AI Superchip Boards
Taiwan's Wistron has opened a $700 million factory in Fort Worth, Texas, to build Nvidia's latest AI system boards. The plant will produce G