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Governor Greg Abbott Announces $16.8 Billion SpaceX Semiconductor Plant in Texas

Governor Greg Abbott Announces $16.8 Billion SpaceX Semiconductor Plant in Texas

Governor Greg Abbott Announces $16.8 Billion SpaceX Semiconductor Plant in Texas
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Nvidia's Partnership with SpaceX Boosts AI Infrastructure Ambitions

Nvidia's Partnership with SpaceX Boosts AI Infrastructure Ambitions

Nvidia's Partnership with SpaceX Boosts AI Infrastructure Ambitions
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Taiwan Semiconductor Expands Advanced Chip Production Amid AI Demand

Taiwan Semiconductor Expands Advanced Chip Production Amid AI Demand

Taiwan Semiconductor Expands Advanced Chip Production Amid AI Demand
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AI Infrastructure Surge Boosts Nvidia, SK Hynix, and TSMC Stocks

AI Infrastructure Surge Boosts Nvidia, SK Hynix, and TSMC Stocks

AI Infrastructure Surge Boosts Nvidia, SK Hynix, and TSMC Stocks
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Alphabet's $200 Billion Infrastructure Investment Boosts Nvidia, Micron, and Broadcom

Alphabet's $200 Billion Infrastructure Investment Boosts Nvidia, Micron, and Broadcom

Alphabet's $200 Billion Infrastructure Investment Boosts Nvidia, Micron, and Broadcom
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Alphabet CEO Sundar Pichai Announces $200 Billion Infrastructure Investment Benefiting Nvidia, Micron, and Broadcom

Alphabet CEO Sundar Pichai Announces $200 Billion Infrastructure Investment Benefiting Nvidia, Micron, and Broadcom

Alphabet CEO Sundar Pichai Announces $200 Billion Infrastructure Investment Benefiting Nvidia, Micron, and Broadcom
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AMD falls as investors demand bigger AI payoff

AMD falls as investors demand bigger AI payoff

By Rashika Singh Aug 5 (Reuters) - Advanced Micro Devices shares tumbled on Wednesday as the chipmaker's revenue forecast failed to impress investors seeking clearer signs that a multibillion-dollar AI spending boom will translate into faster growth.
AP News AP News
Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

Oil prices ease and Asian shares gain on hopes for Mideast deal, as companies report strong profits

Asian shares have surged and oil prices slipped after the U.S. stock market rallied to records
Reuters Reuters
AI demand pushes Foxconn's monthly revenue to record in July

AI demand pushes Foxconn's monthly revenue to record in July

TAIPEI, Aug 5 (Reuters) - Monthly revenue at Taiwanese contract electronics manufacturer Foxconn hit a record in July, surpassing T$900 billion ($27.93 billion) for the first time as strong demand for AI products boosted sales, the company said on Wednesday.
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AMD Stock Declines as AI Revenue Forecast Disappoints Investors

AMD Stock Declines as AI Revenue Forecast Disappoints Investors

AMD Stock Declines as AI Revenue Forecast Disappoints Investors
Reuters Reuters
AMD forecasts upbeat revenue on strong AI chip demand, but shares fall on lofty expectations

AMD forecasts upbeat revenue on strong AI chip demand, but shares fall on lofty expectations

By Anhata Rooprai and Max A. Cherney Aug 4 (Reuters) - AMD forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-center capacity expansions to power AI technologies.
Reuters Reuters
Analysis-Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountain

Analysis-Samsung, SK Hynix shareholders call for bigger payouts from AI cash mountain

By Hyunjoo Jin and Kumar Tanishk SEOUL, Aug 6 (Reuters) - Samsung Electronics and SK Hynix face growing calls from investors wanting a greater share of excess cash via dividends or buybacks, after the pair provided scant detail on capital returns when reporting AI-driven record profit.