Technology
Broadcom Posts Record Q2 Revenue and Cash Flow on Soaring AI Demand
AI Semiconductor Revenue Surges 46%, Driving $15B in Sales and $6.4B in Free Cash Flow Broadcom (AVGO) delivered a strong...
AMD Acquires Brium to Bolster AI Software Capabilities
Latest acquisition strengthens AMD’s end-to-end AI platform amid ongoing push to challenge Nvidia Advanced Micro Devices (AMD) announced Wednesday the...
Amazon to Invest $10 Billion in North Carolina to Expand AI Infrastructure
New data center project will create at least 500 high-skilled jobs as Amazon doubles down on AI growth Amazon.com (AMZN)...
Marvell Projects Strong Q2 Growth on AI Chip Demand Surge
Custom AI and Networking Chips Drive Data Center Momentum, Boosting Revenue Forecast Marvell Technology (NASDAQ: MRVL) is riding the wave...
Nvidia Surges as AI Momentum Outweighs China Setbacks in Q1 Earnings
Record Revenue, Strong AI Demand, and Resilience Amid Export Bans Push Stock Toward All-Time High Nvidia (NASDAQ: NVDA) shares surged...
Elon Musk Confirms Tesla and xAI to Continue Buying AI Chips from Nvidia and AMD
xAI Scales Up with 200,000 GPUs Installed, Eyes 1 Million at New Facility Elon Musk said Tuesday that he expects Tesla...
AMD to Sell ZT Systems Manufacturing Business to Sanmina in $3 Billion Deal
Strategic divestiture to strengthen U.S. AI infrastructure with Sanmina partnership, while AMD retains key AI design capabilities AMD (AMD) has...
AMD Expands Stock Buyback Program to $10 Billion Amid Strong Financial Confidence
Board Approves Additional $6 Billion in Share Repurchases, Citing Strategic Growth and Free Cash Flow Strength Advanced Micro Devices (AMD)...
Trump Administration Eyes AI Chip Deal with Saudi Arabia Amid China Concerns
Proposed Agreement Would Expand Saudi Access to Nvidia, AMD Semiconductors While Seeking Safeguards Against Chinese Diversion The Trump administration is...
AMD Kicks Off 2025 With Strong Q1 Growth Driven by AI and Data Center Demand
Revenue Soars 57% in Data Center Segment as AMD Expands AI Partnerships and Product Leadership Advanced Micro Devices (AMD) delivered...
