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AI TECHNOLOGY SPENDING
SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceSpaceX's current value stems from building essential AI infrastructure on Earth. The company is generating significant revenue from terrest...- SpaceX's near-term AI payoff seen tethered to Earth, not outer spaceInfrastructure providers, particularly data centers, are poised to be among the biggest beneficiaries of the AI boom as businesses and cons...
- Taiwanese chipmaker Nanya plans $6 billion in spending in 2027, riding AI boomTaiwanese memory chipmaker Nanya Technology plans substantial capital spending next year. This increased investment is driven by soaring de...
- SK Hynix set for marquee US debut in test for AI appetiteSK Hynix's U.S. debut tests investor belief in the AI boom's durability. The South Korean chipmaker's offering is the second-largest share ...
- Employees are adopting AI faster than organisations, says McKinsey surveyWhile artificial intelligence (AI) has emerged as the top technology spending priority for many organisations, most are still at an early s...
- Employees adopting AI faster than organisations, says McKinsey surveyWhile artificial intelligence (AI) has emerged as the top technology spending priority for many organisations, most are still at an early s...
- Starbucks taps tech's wonder kid and serves Microsoft, IBM a cold brewStarbucks is developing artificial intelligence tools internally to replace existing software. These new applications could replace systems...
- Global Market Today: Asian stocks rise following chip rally, oil slipsAsian stocks climbed as investors favored semiconductor shares due to AI demand. Oil prices declined as energy supply disruption fears ease...
- TCS Q1 Preview: Can the IT bellwether earnings give hope to investors holding the battered stock?TCS is expected to post modest Q1FY27 profit growth with flat sequential revenue as weak client spending, wage hikes and AI-driven pricing ...
- HSBC drops 'overweight' call on EM equities on AI spending fearsHSBC has reassessed its position on emerging markets equities, shifting to an 'overweight' stance due to rising volatility in Asian markets...
- Ingram bets big on India's AI, cloud pushIndia has become Ingram Micro's second-largest market globally. Accelerated AI adoption and data centre investments fuel this significant g...
- South Korea's Kospi enters bear market, plunges 20% from peak. What's spooking investors?South Korea's Kospi index entered bear market territory, plunging 20% from its peak. Heavyweight Samsung Electronics saw its share price fa...
- Micron, Intel shares crash up to 8% as Samsung fails to calm concerns over AIGlobal semiconductor stocks fell sharply as Micron and Intel dropped up to 8%, tracking weakness in Asian peers despite strong Samsung earn...
- Explained: Why did Samsung shares crash 10% even after tech giant forecast 19x jump in profitSamsung Electronics shares plunged 10% despite forecasting a 19-fold jump in second-quarter profit, as investors worried the AI-driven memo...
- US Stock Market | Hedge funds extend selloff in tech hardware stocks ahead of earnings: Goldman SachsUS hedge funds cut exposure to technology hardware stocks for a fourth straight week ahead of the earnings season, amid weakness in semicon...
- Samsung flags 19-fold jump in profit, but shares slump on jitters AI boom may stallSamsung reported a significant profit jump, driven by strong AI chip demand. However, its stock declined amid concerns about the AI boom's ...
- Microsoft shares fall over 1% after company announces to layoff 4,800Microsoft announced significant job cuts affecting approximately 4,800 employees globally. The Xbox gaming division will experience the dee...
- Microsoft joins AI-driven tech layoff wave with 4,800 job cutsMicrosoft is cutting approximately 4,800 jobs, representing 2.1% of its workforce. This move follows a wave of tech layoffs and significant...
- SAP tightens hiring, travel spend as it ramps up AI investmentsGerman tech giant SAP is strategically curbing hiring, travel, and external spending to fuel its ambitious artificial intelligence investme...
- No longer magnificent? How Apple, Microsoft and other Mag 7 stocks are crumbling under AI pressureThe Magnificent Seven are underperforming as investors question whether massive AI spending will generate adequate returns. With $2.3 trill...
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