Technology
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...
Palantir Soars in Q1 2025 with 39% Revenue Growth, Raises Full-Year Outlook Amid Soaring U.S. Commercial Demand
CEO touts “tectonic shift” in software adoption as U.S. commercial revenue surpasses $1B run rate Palantir Technologies (PLTR) delivered a...
Qualcomm Tops Q2 Expectations but Cautions on Trade Risks and Smartphone Demand
Strong diversification and capital returns highlight the quarter, but macroeconomic concerns and tariff threats cloud outlook Qualcomm Incorporated (QCOM) reported...
Nvidia CEO Urges U.S. to Loosen AI Export Rules Amid Rising Global Competition
Jensen Huang calls for updated policies to accelerate AI diffusion and warns of China’s rapid technological progress Nvidia (NVDA) CEO...
Intel to Cut 20% of Workforce in Major Restructuring Drive
New CEO Lip-Bu Tan aims to streamline leadership and restore engineering focus amid ongoing challenges Intel (INTC) is preparing to...
Elliott Management Takes $1.5 Billion Stake in Hewlett Packard Enterprise
Shares jump 7% as activist investor becomes one of HPE's top five shareholders Hewlett Packard Enterprise (HPE) saw its stock...
