Tag: Technology Hardware

Datadog reported second-quarter results that topped consensus estimates and raised its full-year outlook, but shares fell more than 21% in premarket trading Thursday, a move that may reflect profit-taking after the stock hit a fresh all-time closing high earlier in the week.

The flash memory and storage manufacturer issued revenue guidance for the company’s fiscal first quarter that came in below analyst expectations.

Wall Street was met with a tale of two quantum computing companies on Thursday, as IonQ stock extended gains following a stronger-than-expected quarterly earnings report, while shares of D-Wave Quantum headed in the opposite direction.

Apple shares fell 7% on Friday after a disappointing forecast showed that the iPhone maker was struggling to secure enough components as the AI-driven data center boom strains global ​supply chains.

Seagate Technology stock advanced in premarket trading Wednesday after the data-storage company reported another blowout quarter thanks to surging artificial-intelligence demand.

In the quantum space, commercial traction is often the strongest signal of progress. D-Wave Quantum QBTS just provided investors with some reassurance.

Circle Internet Group, Inc. (NYSE: CRCL), one of the world’s leading financial platform companies, today announced the acquisition of fundamental assets from the IBM blockchain patent portfolio.

Intel reported better-than-expected second-quarter results on Thursday, notching its fastest revenue growth rate for any quarter since 2011 and issuing guidance that topped expectations. The stock rose about 4% in extended trading.

IBM owered its 2026 forecast and delivered weaker earnings than analysts had projected on Wednesday, even after the company issued an earnings warning last week. IBM said it aims to widen its full-year pre-tax margin by about 1 percentage point through higher productivity.

Shares of Super Micro Computer jumped 15% after the server maker said Tuesday it now sees higher margins than previously projected for the June quarter, with a surge in new orders.

IBM stock was heading for its largest same-day plunge in nearly 40 years on Tuesday after the company’s preliminary second-quarter adjusted earnings and revenue missed analysts’ targets.

Global smartphone shipments fell 11% in the second quarter to their lowest level for the period ​since 2013, as a prolonged memory chip ‌shortage drove up handset prices and dampened demand, according to early estimates from Counterpoint Research.

Intel has begun a €5 billion ($5.7 billion) capital investment to upgrade its Irish campus and expand its ‌European output to meet growing global demand for AI and high-performance computing, ‌the U.S. chipmaker said on Monday. Intel said the move would upgrade and maximize capacity at its 

Apple lost its challenge on ​Wednesday against landmark EU rules that designate its app stores and operating system iOS as gatekeepers ‌subject to obligations aimed at giving rivals more room to compete.

Apple said it’s expanding its partnership with chipmaker Broadcom in a multi-year deal expected to exceed $30 billion, marking the iPhone maker’s largest U.S. manufacturing commitment to date.

Broadcom said on Monday it has agreed to expand ​its partnership with Apple (AAPL.O), opens new tab through 2031 to develop ‌and supply a range of custom chips, sending the shares of the chipmaker up nearly 4% in premarket ​trading.

A Chinese smart-glasses maker founded by an Apple veteran has become a unicorn after a funding round with investors including Meituan and Tencent.

Anthropic on Monday signed a 20-year lease to use a TeraWulf data center in Kentucky.

Apple Inc. took the extreme measure of raising prices of Macs, iPads, home devices and the Vision Pro on Thursday, seeking to offset cost hikes caused by an unprecedented shortage of memory chips and storage.

IBM (IBM.N), on Thursday unveiled what it said was the world’s first technology capable of producing chips smaller than ​one nanometer, as tech companies race to build semiconductors that ‌can handle increasingly demanding AI workloads.