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AI boom draws chip supply from other end-markets, Siltronic CEO saysSiltronic, which makes silicon wafers used in semiconductors, raised its annual sales forecast for the second time this year on Wednesday, ...- Oracle abandons $7 billion Tencent AI deal under Trump pressure: FTUS officials approached Oracle to raise concerns about the Tencent deal, the newspaper said, citing people familiar with the matter.
- AMD forecasts fourth-quarter revenue above estimates on strong AI chip demandAdvanced Micro Devices estimates its fourth-quarter revenue will hit about $17 billion, driven primarily by robust demand for AI chips. Alt...
- Nikkei slides to 3-month low as AI stocks tumble on US election jittersJapan's Nikkei index took a hit as AI-driven stocks plummeted following the aftermath of the US elections, raising alarms over potential De...
- Marvell to buy Lumentum in $115 billion deal in AI data-center betMarvell Technology is poised to acquire Lumentum in a groundbreaking all-stock transaction worth $115 billion. This strategic acquisition i...
- Besides the bubble, a big AI risk could be growing in the shadowsInvestors are worried about potential financial risks linked to Big Tech's investments in AI infrastructure. The technology sector recently...
- Wall Street tech rout deepens on doubts over AI spendingMajor US tech stocks have taken a hit as investors react to underwhelming earnings and worries about AI spending. Giants like Microsoft, Am...
- Intel stock plunges 30% as weak PC demand and AI costs trigger global chip selloffIntel shares plunged 30% after the chipmaker issued a weak fourth-quarter revenue forecast and warned of negative cash flow for the year. T...
- Asia chip firms see strong AI demand; market jitters continueAsian chip-supply-chain companies report a strong ongoing demand for AI-related products despite investor concerns. Foxconn Chairman Young ...
- Global Market: China stocks extend losing streak to 12 weeks as global AI selloff hits tech sharesChina's CSI300 index fell to a one-year low, extending its losing streak to 12 weeks as a global AI stock selloff weighed on technology sha...
- Global Market: Japan's Nikkei falls 3% as AI spending concerns hit chip stocks; BOJ holds ratesJapanese shares fell sharply as concerns over the profitability of AI investments sparked a global technology sell-off. The Nikkei 225 drop...
- Amazon cloud business accelerates but shares drop on profit missAmazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to m...
- Weak quarter for Intel sends shivers through cooling chip stocksChip stocks, particularly those affected by Intel's earnings, faced significant declines following the report's release. Intel attributed i...
- Nvidia CEO Jensen Huang seen as target of China spy plot; Trump briefed but took no action: ReportA Chinese businesswoman suspected of passing intelligence to Beijing developed a close relationship with Nvidia CEO Jensen Huang, according...
- Alphabet’s AI risks deepen as filing reveals $98 billion in commitments beyond the $1 trillion spendingIn a recent regulatory disclosure, Alphabet reveals financial risks linked to its massive AI investments that surpass $1 trillion. The firm...
- Global Market: Samsung Electronics posts record $80.5 billion quarterly operating profit on AI chip boomSamsung Electronics reported record quarterly operating profit of 107.4 trillion won, driven by surging AI memory chip demand. Despite stro...
- China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
- Samsung keeps shattering profit records as AI boom lifts chip demandRevenue for the July-September period rose to an all-time high at 195.3 trillion won (USD 146 billion), marking the company's fourth straig...
- China's new export curbs draw a line around its AI crown jewelsThe draft rules, released on October 16, distinguish between foreign customers using Chinese AI services and foreign companies obtaining th...
- Global Market: China, Hong Kong stocks rebound as SK Hynix earnings lift AI optimismChinese and Hong Kong stocks rebounded after two sessions of losses, led by technology shares amid renewed optimism over artificial intelli...
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