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QUALCOMM SMARTPHONE REBOUND
Arm forecasts higher-than-expected revenue on surging AI data center demandArm Holdings anticipates higher first-quarter revenue, boosted by strong demand for its AI chip technology. However, the company has not ye...
Qualcomm jumps as optimism on smartphones, AI chips outweigh dismal forecastQualcomm shares saw a significant jump. CEO Cristiano Amon expressed confidence in a smartphone market rebound post the fiscal third quarte...
Qualcomm rises on smartphone rebound hopes, data-center chip pushQualcomm anticipates lower third-quarter earnings but sees a smartphone market rebound. The chip giant is also entering the data center mar...
Rampant AI demand for memory is fueling a growing chip crisisTech giants are sounding the alarm over a critical memory chip shortage, impacting everything from smartphones to cars. Companies like Appl...
The dark side of AI weighs on the stock marketA washout hit software stocks as Wall Street realised the threat from artificial intelligence had arrived. New tools from a San Francisco s...
Qualcomm forecasts solid quarter but smaller Samsung business hits sharesQualcomm is among the world's biggest suppliers of modem chips that connect smartphones to wireless data networks. For the current fiscal f...
US stock market today: Dow Jones, S&P, Nasdaq up - Here's top gainers, top losers, major stocks, data to considerUS Stock market today rallied as Microsoft and Meta earnings beat expectations, pushing the Nasdaq up over 2.2% and lifting Wall Street spi...
With Donald Trump's help, Intel could hand control of chip plants to TSMCTSMC, which makes around 90% of the world’s most advanced semiconductors, would take over Intel’s manufacturing business and hold a majorit...
Samsung Q4 profit outlook misses estimates by large margin as chip issues dragSamsung's fourth-quarter operating profit estimate missed analyst forecasts due to increased R&D costs, slower demand for memory chips, and...
From Microsoft to IBM: Tech layoffs cross 1 lakh mark as companies brace for more cuts aheadThe second half of 2024 saw continued layoffs across the tech sector, with major companies like IBM, Cisco, and Microsoft significantly red...
Chipmaker Qualcomm forecasts upbeat revenue on smartphone strength, AI boostThe addition of AI capabilities to smartphones has driven a resurgence in end-market demand after the industry slumped to its lowest level ...
US stock market: Wall Street closes near flat as Treasury yields surgeThe benchmark U.S. 10-year Treasury yield rose as high as 4.198% during the session, the highest since November, extending its climb from a...
S&P 500, Dow slip in volatile session as yields rise, earnings disappointRichmond Federal Reserve President Thomas Barkin said on Thursday US inflation remained too high, although recent readings indicated an eas...
Is chip shortage over? Korea stockpiles swell to a record as demand sputtersActivity in South Korea’s chips industry is an important gauge of global demand for electronics, as the country houses two of the world’s l...
Qualcomm amplifies chip gloom with 'sobering report', shares tank 8%The company, which supplies to top handset makers Apple Inc and Samsung Electronics, was set to lose about $10 billion in market valuation,...
US blocks export license renewals for China's HuaweiThe company, which makes network equipment and smartphones, has been on the U.S. Commerce Department's entity list, which comprises those s...
Global chip drought hits Apple, BMW, Ford as crisis worsensThe shortfall of critically needed semiconductors has forced the entire auto industry to cut output, leaving thin inventories at dealership...
Xiaomi sinks after billions of shares are unlocked for saleXiaomi has dropped to HK$10.58 from a listing price of HK$17, falling another 4.7 per cent.
Eight mid-cap stocks that you can consider buying nowWhile broader market is expected to remain volatile, long-term investors can consider these as they are favoured by analysts for high poten...