Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Apple Explores Chip Startup Acquisitions After AI Server Struggles
Apple is reportedly looking to acquire chip startups after its in-house servers, built around M2 Ultra chips, struggled to run large AI mode
Oppenheimer Says AI Threat to ServiceNow Overblown, Lifts Price Target to $140
Oppenheimer analysts believe concerns that AI will disrupt ServiceNow's business are overdone. The bank raised its price target to $140, cit
Apple Intelligence Clears China Regulatory Hurdle, Taps Alibaba and Baidu AI Models
Apple's AI service for iPhones has been registered with Chinese regulators, a crucial step before launch. The service will use local AI mode
ASML Leads WallStreetBets Favorites Higher After Raising 2026 Revenue Forecast
ASML gained 3.6% in premarket trading after raising its full-year 2026 revenue guidance, leading a rebound among WallStreetBets' most-talked
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