Tag: Technology Hardware

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.

Inte ’s stock rose 9% in premarket trading on Thursday, after President Donald Trump said the semiconductor company had agreed to a deal with Apple to design and build chips in the U.S.

Rackspace Technology finalizes a deal with Advanced Micro Devices to use its chips for Rackspace’s AI cloud, causing shares to surge.

Super Micro Computer announced plans to raise $7 billion through equity and equity-linked financing packages.

After years of anticipation, user frustration and false starts, Apple announced a major upgrade to Siri at its annual developer conference on Monday. The voice assistant will come integrated with Apple’s artificial intelligence tool, Apple Intelligence, and has been rechristened “Siri AI”.

Taiwan’s Foxconn ​said on ‌Friday that its ​second-quarter ​performance is likely to ⁠be ​well above ​its previously anticipated forecast of “significant” ​growth.

Ciena Corporation (NYSE: CIEN) reported fiscal second-quarter results that exceeded analyst expectations, yet shares fell 5.7% premarket.

Intel is teaming up with Apple supplier Foxconn to develop artificial-intelligence infrastructure—but that wasn’t enough to stop the chip manufacturer’s stock from sliding on Thursday.

Hewlett Packard Enterprise stock soared after the information technology company reported better-than-expected financial results and raised its fiscal year outlook as artificial intelligence demand continues to benefit growth.

Dell Technologies  was adding to its recent gains early on Monday after announcing a new laptop to compete with the latest hardware from Apple