Apple Inc. (NASDAQ:AAPL) remains better positioned than several smartphone chip rivals as rising memory costs, longer replacement cycles and cautious OEM inventory management weigh on the global smart[...]
Read more
Articles written by Anusuya Lahiri
Uber Axes 3,300 Jobs to Build Its Autonomous Future
Uber Technologies, Inc. (NYSE:UBER) is undertaking one of its biggest organizational resets in years, cutting jobs, reducing management layers and redirecting spending toward its core ride-sharing, de[...]
Read more
Why This Investor Bought Intel’s Post-Offering Dip
Intel Corp. (NASDAQ:INTC) stock gained nearly 2% in Wednesday’s premarket trading as investors weighed an upsized stock offering against optimism over potential foundry customer wins. Nasdaq futures r[...]
Read more
Oracle Faces Pressure: Data Center Costs and OpenAI Exposure Weigh on Stock
Oracle Corp (NYSE:ORCL) stock traded lower on Wednesday as big-cap tech remains under pressure in a risk-off tape. The Nasdaq is down 0.59% while the S&P 500 has shed 0.16%. The stock drew scrutin[...]
Read moreNvidia Rival Cerebras Reloads IPO Bid With $3.5 Billion Goal
Cerebras Systems Inc. is accelerating its push into the public markets to raise capital and strengthen its position in the rapidly expanding AI chip sector. Cerebras IPO Plans And Strong Investor Dema[...]
Read more
AT&T Rides Fiber Boom While Legacy Business Fades
AT&T Inc. (NYSE:T) announced financial results for its fiscal first quarter of 2026 on Wednesday. The telecom giant reported operating revenues of $31.51 billion, a 2.9% increase from the same per[...]
Read more
Chip Stocks Show Diverging Trends, Says Analyst
Stacy Rasgon of Bernstein said surging AI demand is driving semiconductor stocks higher, but highlights growing imbalances across the sector. AI Demand Outpaces Supply Rasgon told CNBC on Friday that[...]
Read more
Taiwan Semiconductor Set to Smash Records Again as AI Mania Fuels Profit Surge
Key contract chipmaker Taiwan Semiconductor Manufacturing Company Ltd. (NYSE:TSM) is set to post another record quarter as strong AI-driven demand and tight chip supply continue to fuel growth, accord[...]
Read moreHuawei Targets Nvidia’s Turf with New AI Chip
Alibaba Group Holding Limited (NYSE:BABA) and other Chinese tech firms are accelerating a shift toward domestic AI chips as U.S. restrictions on Nvidia Corp. (NASDAQ:NVDA) reshape the competitive land[...]
Read more