Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
TSMC Sales Surge 36% as AI Chip Demand Shows No Signs of Slowing
TSMC's sales jumped 36% last quarter, driven by strong demand from AI giants like Nvidia and Meta. The results suggest the AI boom is still
Google Pitches Custom TPU Chips to Smaller Cloud Providers, Challenging Nvidia's AI Dominance
Google is expanding its AI chip strategy by offering Tensor Processing Units to smaller cloud providers. The move could challenge Nvidia's d
Netflix's Ad Business May Be Underpricing by Billions, Oppenheimer Says
Oppenheimer analysts argue Netflix is undercharging for ads, potentially leaving billions on the table. Matching rival streamers' ad prices
Keysight Technologies: The Unsung AI Infrastructure Play Morgan Stanley Is Betting On
Morgan Stanley upgraded Keysight Technologies, citing its growing AI revenue and role as a critical tester for new hardware. The bank sees K
HCLTech Plans AI Data Center Platform With Sarvam AI, Up to 35 Billion Rupees Investment
HCLTech is teaming up with Sarvam AI to create a full-stack AI data center platform. The IT services firm may invest up to 35 billion rupees
Smartphone Shipments Hit 11-Year Low as AI Data Centers Gobble Up Memory Chips
Global smartphone shipments dropped 11% in the second quarter, hitting their lowest level for the period since 2013. The slump comes as AI d
Intel Invests €5 Billion in Irish Chip Plant to Boost AI and High-Performance Computing Output
Intel has launched a €5 billion expansion of its chip facility in Leixlip, Ireland, aiming to increase European production of processors for
Meta Expands Louisiana AI Data Center to 5 Gigawatts, $50 Billion Investment
Meta's Hyperion AI data center in Richland Parish, Louisiana, is being scaled up to 5 gigawatts of computing capacity and over $50 billion i
Sansan Profit Surges to ¥6.78 Billion, But Stock Dips on Dividend Uncertainty
Japanese software firm Sansan posted a massive profit rebound to ¥6.78 billion and guided for higher sales and earnings through 2027. Yet sh
Bank of America Sees Computacenter as AI Infrastructure Powerhouse, Initiates Buy
Bank of America initiated coverage of UK IT services firm Computacenter with a buy rating, highlighting its growing role in complex AI data
Chip Stocks Hit July Speed Bump as AI Spending Doubts Spark Record $11 Billion Fund Outflow
Chip stocks are sliding after a record $11 billion weekly outflow from semiconductor funds. Investors are weighing high valuations against t
Asian Tech's US Fundraising Party Gets Pickier as AI Excitement Fades
SK Hynix's $26.5B US debut has other Asian tech firms lining up for US listings, but investors are getting pickier. AI excitement is cooling