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Qualcomm strikes AI chip deal with Amazon, offers right to buy about $4 billion in stockThe deal also highlights increasingly intertwined financing in the AI boom, with Qualcomm granting Amazon warrants worth about $4 billion t...- Foxconn says third quarter to outperform market expectations on AI strengthFoxconn, Nvidia's biggest server maker and a major Apple supplier, has been a big beneficiary of the trend towards AI, reporting last mon...
- Xi Jinping to bring large CEO delegation on US visit, sources sayPresident Xi Jinping plans a large business delegation for his upcoming Washington visit. This unusual move signals China's willingness to ...
- Nvidia sets October launch for RTX Spark AI PCsLenovo and Acer will launch new Windows PCs powered by Nvidia's RTX Spark chip in October. These systems integrate Blackwell graphics and G...
- Apple’s 2,275% gain under Tim Cook is a tough act for John Ternus to followApple CEO Tim Cook has handed over the reins to John Ternus after a 15-year tenure that transformed Apple into a $4.6 trillion company. The...
- Tim Cook’s last day as Apple CEO: A 15-year run comes to an endCook will move into the role of executive chairman, while Ternus will join Apple’s board the same day. Cook has played a central role in ex...
- US stocks today: US stocks end lower as Warsh keeps inflation fight front and centreUS stocks ended lower as Fed Chair Kevin Warsh reaffirmed the central bank’s focus on bringing inflation to 2%, raising expectations for a ...
- Nvidia’s 70% sales growth forecast sends a message to AI doubters. What did CEO Jensen Huang say?Nvidia has forecast a 70% jump in revenue for fiscal 2028, signalling that strong AI computing demand remains intact despite memory supply ...
- Nvidia shares rally 5% after stellar Q2; revenue guidance for 2028 tops analyst estimatesNvidia shares jumped 5% in extended trading on Wednesday after the chipmaker reported stellar Q2 results and forecast 70% revenue growth fo...
- US stocks today: US stocks end near flat as hot inflation data clouds Fed rate outlookWall Street ended nearly flat as hotter-than-expected US inflation complicated the Federal Reserve’s interest-rate outlook. Investors turne...
- US stocks today: US stocks subdued as hot inflation lifts rate hike bets ahead of Nvidia resultsUS stocks traded flat as investors awaited Nvidia's earnings and assessed hotter-than-expected inflation data. July inflation rose 3.7%, li...
- The smartphone king Apple killed is back, but not in your pocketBlackBerry has completed a remarkable corporate turnaround after its smartphone business collapsed. The company now thrives by providing se...
- Nvidia faces growth test as Rubin debut meets AI financing scrutinyThe chipmaker has been the biggest beneficiary of the race to build AI infrastructure. Recently, though, its stock has come under pressure ...
- Less chips chipping away at AInfra? Nvidia’s server price hike signals rising costsNvidia plans server price increases due to a global chip shortage. This shortage is expected to persist beyond the year 2027. Chipmakers ar...
- US stocks today: US stocks slip as Iran tensions test rally in a high-stakes week for marketsWall Street started the week under pressure as Iran tensions, rising Treasury yields and Nvidia earnings weighed on sentiment. The S&P 500 ...
- Anthropic market debut could break SpaceX IPO recordThe company's bankers have told potential investors it could seek to raise "more than $100 billion" in its IPO, which could put the company...
- Lawyers square off in fight over voice data used to train AIRoss Kimbarovsky of Loevy & Loevy is representing the plaintiffs - a group of journalists, podcasters and audiobook narrators - in the prop...
- US stocks: US market falls as bond yields rebound; Walmart slides on sales missMajor US stock indexes opened lower on Thursday. Rising government bond yields hurt investor sentiment significantly. Retail giant Walmart ...
- Samsung hikes chipmaking prices by up to 15% on demand spikeDemand from Chinese customers has been particularly strong, but Samsung has been unable to meet all orders because it must serve US custome...
- The Intel wager: Billionaire Masayoshi Son puts 67% of SoftBank’s US portfolio behind an AI revivalSoftBank has heavily invested in Intel, directing sixty-seven percent of its portfolio. This substantial stake reflects Masayoshi Son's con...
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