US stocks: S&P 500 ends higher as CoreWeave results fuel AI optimismUS stock markets closed higher on Wednesday, driven by strong AI infrastructure company earnings. Mild inflation data reinforced expectatio...
13 Aug, 2026, 01.38 AM IST
US stocks: CoreWeave, Super Micro surge on signs of sustained AI buildoutCoreWeave and Super Micro have seen their stock prices soar to new heights amid a rising tide of demand for AI infrastructure. CoreWeave ha...
12 Aug, 2026, 09.26 PM IST
Foxconn posts quarterly profit surge on AI server demandThe company said net profit for April-June reached NT$59.97 billion ($1.86 billion), up 35% from the previous year. Foxconn, whose official...
12 Aug, 2026, 12.45 PM IST
Super Micro forecasts upbeat annual revenue on data center adoptionAI infrastructure firms have seen demand surge as tech and cloud companies ramp up data center investments to support AI applications.
12 Aug, 2026, 08.52 AM IST
Google’s search monopoly is becoming an AI monopolyGoogle's search crawler now feeds its artificial intelligence models, creating an unfair advantage. This strategy accelerates automated int...
10 Aug, 2026, 09.04 AM IST
India stages a comeback as AI trade gets crowded: What fund flows revealAs global investors crowd into AI-linked markets in South Korea and Taiwan, India is re-emerging as an anti-AI portfolio diversifier. Moder...
09 Aug, 2026, 05.01 PM IST
Global Market: SK Hynix approves $38.3 billion investment plan through 2031 to expand AI chip productionSK Hynix approved investments of 54.3 trillion won through 2031 to expand semiconductor production, targeting rising AI-driven demand. Fund...
07 Aug, 2026, 03.10 PM IST
Why AMD's solid quarterly earnings failed to impress investorsAMD beat earnings estimates and issued strong guidance, but its shares fell as investors sought bigger AI gains, higher margins and stronge...
06 Aug, 2026, 12.34 PM IST
Gracenote anchors global AI development in India, unveils MCP server for entertainment discoveryGracenote's India technology center is leading the company's artificial intelligence development efforts. This includes a new Model Context...
05 Aug, 2026, 03.34 PM IST
AMD forecasts strong revenue growth on AI chip demand, but investors seek bigger gainsAMD Earnings Report: AMD beat quarterly revenue and earnings estimates while forecasting stronger-than-expected Q3 sales, driven by AI chip...
05 Aug, 2026, 12.58 PM IST
Global Market: Japan's Nikkei jumps over 3% as AI stocks rally, upbeat earnings lift sentimentJapan’s Nikkei surged over 3%, led by AI-related stocks tracking Wall Street’s overnight rally. Strong corporate earnings and upgraded fore...
05 Aug, 2026, 10.55 AM IST
AMD's AI-powered revenue forecast fails to wow investorsYet, its shares fell nearly 9% in extended trading, suggesting that investors were looking for an even stronger outlook after the stock mor...
05 Aug, 2026, 08.54 AM IST
Anthropic taps Amazon Bedrock for Claude's local data processingAnthropic will soon offer in-country inference for its Claude AI models in India. This means customer requests will be processed on Indian ...
04 Aug, 2026, 10.10 AM IST
Anthropic's Claude to infer, process data locally on Indian servers for local customersAnthropic will offer its Claude AI service to Indian customers through local Amazon Web Services servers. This move addresses a key demand ...
03 Aug, 2026, 09.17 PM IST
Career warning for Gen Z: How IT industry's AI obsession will create a purchasing power crisis, Zoho's Sridhar Vembu explainsZoho co-founder and Chief Scientist Sridhar Vembu has warned that the IT industry's growing focus on AI is reducing new hiring, as companie...
02 Aug, 2026, 06.50 PM IST
Samsung AI demand drives record chip earnings amid foundry and mobile hurdlesSamsung's semiconductor business achieved record second-quarter performance driven by AI server memory demand. However, its foundry operati...
30 Jul, 2026, 06.27 PM IST
AI data centre supplier Zhongji InnoLight tumbles on Hong Kong debutShares in Chinese data centre supplier Zhongji InnoLight tumbled more than nine percent in its Hong Kong debut on Thursday, after raising a...
30 Jul, 2026, 09.56 AM IST