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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...- October ends with a thud for Intel, Reddit, AI stalwartsA fresh test of this year's technology rally sent the Nasdaq composite on Friday to its biggest decline since June. Chipmaker Intel and soc...
- 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...
- Global trading is mixed as worries about AI-related issues growOn the global stage, stock markets displayed a mixed bag of results as Alphabet's stock drop spurred worries about the trajectory of artifi...
- 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 ...
- Intel Stock Crash: Can chipmaker revive its turnaround strategy?Intel shares plunged over 20% after the chipmaker issued a weaker-than-expected Q4 earnings outlook. Manufacturing bottlenecks, rising memo...
- 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...
- 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...
- STMicro nearly doubles quarterly profit, sees Q4 sales exceeding $4 billionSTMicroelectronics reported a third-quarter operating profit above market expectations on Thursday, as demand from AI data centres and sate...
- US stocks today: US stocks end higher as Fed holds rates; focus turns to earningsUS stock markets ended on a high note after the Federal Reserve opted to maintain current interest rates while gauging the economic landsca...
- US stocks today: US stocks turn choppy as megacaps offset chip gains before Fed meetIn the US stock market, a mixed performance emerged as chipmakers like Micron Technology surged, buoyed by favorable reports from SK Hynix,...
- China's CXMT to start advanced AI memory production despite poor yieldsThe decision highlights China's intense shortage of the AI memory chips, which are essential to a government-backed push to develop domesti...
- Global Market: South Korean shares surge 6% as SK Hynix earnings fuel AI chip rallySouth Korean shares surged nearly 6% on Wednesday, driven by SK Hynix and Samsung Electronics following strong earnings and optimism over A...
- Global Market Today: Asian stocks advance on resurgent AI optimismThe MSCI Asia Pacific Index rose 0.6%, as benchmarks in Australia, Japan and South Korea advanced. The Kospi Index rose 2.6%, with SK Hynix...
- Intel to buy quantum firm Classiq for about $2.3 billion: ReportThe Israeli startup would also add quantum processors to Intel's lineup, which already includes central processing units and graphics proce...
- Why AI stocks rallied after Anthropic’s IPO filingAI stocks rallied after Anthropic disclosed IPO paperwork, with Nvidia gaining nearly 3% and the Philadelphia Semiconductor Index climbing ...
- Eye for an eye? Think AI for AI: How one startup is using AI to make AI chips more energy-efficientDiscovered Materials, a groundbreaking startup led by founders Akash Ramdas and Advaith Sridhar, is dedicated to advancing chip materials. ...
- AI stocks rise as Anthropic nears Wall Street debut amid investor cautionA successful flotation by a pure-play AI giant such as Anthropic could reshape how markets value parts of the booming industry, including c...
- Global Market | SK Hynix weighs $12 billion special dividend ahead of Q3 Results: ReportsSK Hynix said it would announce shareholder-return measures alongside its quarterly results amid reports that it was considering a special ...
- Micron introduces quarterly employee bonus tied to profitsMicron is implementing a new quarterly bonus scheme for its worldwide employees based on company profits. The bonuses will complement exist...
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