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WILLIAM KERWIN
Surging memory chip prices dim outlook for consumer electronics makersThe rapid build-out of artificial intelligence infrastructure by U.S. tech firms such as OpenAI, Alphabet-owned Google and Microsoft has ab...- Micron slumps as bleak quarterly forecast clouds AI-related boostMicron's flash memory chip revenue in fiscal 2025 is expected to be significantly weaker, as sales of such chips are more exposed to PC and...
- Hewlett Packard surges over 12% as AI-server demand powers strong resultsAnalysts at Bernstein said this suggests potential for HPE and peer Dell Technologies to have "very strong shipments over the next quarter ...
- Cisco slumps over 12% after cutting annual profit, revenue forecastsThe company was set to lose more than $25 billion in market value, if losses hold, based on its share price of $46.90, after it lowered its...
- 'Humble and hidden' auto suppliers driving the EV revolution in EuropeAs legacy auto parts suppliers figure out if and when to sell combustion engine businesses or buy EV parts makers, TE and rivals in the con...
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