Searched for
AI DEMAND
Shopify shares soar 18% as AI push helps revenue beat estimatesShopify's stock soared following the release of strong second-quarter financial results. The e-commerce giant outperformed analyst projecti...- India's data centre capacity rises over four-fold to 1,575 MW as AI demand accelerates: GovtSince 2020, India's data centre capacity has surged fourfold to around 1,575 MW. This impressive growth stems largely from rising needs in ...
- Global Market: Europe’s tech giants emerge as surprise AI winners as enterprise adoption takes offEurope’s established technology companies are emerging as unexpected winners of the AI boom as enterprises move from experimentation to lar...
- Foxconn's monthly revenue hits record in July on AI demandNvidia and Apple supplier Foxconn's monthly revenue hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time ...
- AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
- Europe's established tech firms emerge as unexpected AI winnersSAP, Capgemini, Sopra Steria and OVHcloud have all reported stronger demand, faster growth or upgraded outlooks as companies move from expe...
- AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
- GCC net hiring set to hit 200K in FY27 as IT services trailThe outlook reflects the continued demand gap between the two sectors. Staffing firms told ET that multinational companies continue to expa...
- Palantir lifts annual revenue forecast on steady demand for AI-powered data analyticsPalantir Technologies has revised its annual revenue forecast upwards once more, attributing this back to robust demand from both governmen...
- CoreWeave expands into Indonesia, announces first data center in Asia-PacificAI cloud firm CoreWeave is expanding into Indonesia with three new data centers. This move marks their first data-center presence in the As...
- Anthropic inks $10 billion computing deal with new cloud startup Volta InfraAnthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for An...
- What bubble? Amazon enters $3 trillion market cap club, CEO highlights striking AI demandAmazon shares reached a new high, briefly surpassing $3 trillion in market value. This surge followed a strong earnings report and increase...
- Palantir lifts annual revenue forecast on steady demand for AI-powered data analyticsPalantir Technologies increased its annual revenue forecast significantly. Strong government and commercial demand fuels this optimistic ou...
- Microsoft's AI-Fuelled Rally: 5 reasons Wall Street is bullish againMicrosoft's latest earnings reignited Wall Street's AI optimism as Azure outperformed, cloud demand accelerated and a record order backlog ...
- Data centres draw 40% of institutional capital in the June quarterData centres are now the second-largest investment recipient, attracting substantial institutional capital. Rapid AI adoption and cloud exp...
- Chris Wood warns AI capex binge may burn billions as markets turn against Big Tech spendingWood’s long-standing view is that the “hyperscalers will end up blowing a lot of money on their capex binge” and that AI could resemble the...
- Taiwan's economy grows by almost 13% on AI demandTaiwan's exports surged 21.6% year-on-year in the second quarter, which was "mainly driven by the sustained strong external demand for arti...
- Amazon soars as cloud revenue surge allays fears over ballooning AI betsAmazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four y...
- Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
- US Stock Market: Arm Holdings tops Q2 forecasts on AI demand, shares fall on royalty growth concernsArm Holdings beat quarterly revenue and earnings estimates and issued a stronger-than-expected revenue forecast, supported by robust demand...
Load More
