Tag: Technology Hardware

HP Inc. Withholds Outlook, Warning PC Sales Will Drop Through 2027 HP Inc. won’t issue fiscal-year guidance just yet, citing an industry-wide slump in personal computer unit volumes that it expects to persist through 2027.

Citi raised its price target on Panasonic Holdings Corp. to ¥5,400 from ¥5,100 and maintained its Buy rating on the stock.

Huawei’s chair has urged Chinese AI companies to accelerate development to catch up with frontier US labs, contrasting with calls in Silicon Valley for a slowdown amid rising concerns about the existential risks posed by the technology.

Shares of International Business Machines spiked in May after the legacy tech giant unveiled an agreement with the U.S. government to build a quantum chip foundry. On Wednesday, that industry first became a reality.

International Business Machines and Lockheed Martin may seem like an unlikely pairing, but the storied tech giant and defense titan share common ground: quantum computing.

Huawei Technologies Co. and Xiaomi Corp. are raising the stakes in China’s smartphone arena just days before Apple Inc.’s first foray into the foldable category.

NetApp  a data storage company, reported stronger-than-expected earnings and raised its fiscal year guidance on Wednesday, but its stock was falling anyway.

Dell Technologies stock was climbing in the Wednesday premarket after the hardware company reported a major earnings and revenue beat that was powered by artificial-intelligence demand.

SLB agreed to acquire thermal management company Kelvion from private-equity funds for $4.1 billion. The oil drilling and production company said Monday that the acquisition is meant to strengthen its growing data center business.

China’s ​Huawei Technologies (HWT.UL) said on Wednesday it had reached a multi-year cross-licence agreement with HP Inc, covering ‌patents used in Wi-Fi technology, including the latest Wi-Fi 7 standard.

With more consumers turning to Apple’s computers for creating and running AI agents, the company is rolling out new Mac Mini and Mac Studio models with updated chips and other upgrades for artificial intelligence applications.

Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.

Super Micro Computer  stock was surging in Wednesday’s premarket after the server maker’s fiscal fourth-quarter earnings smashed Wall Street estimates on accelerating artificial-intelligence demand.

Quantinuum  topped analysts’ estimates in its first quarterly report as a public company, though investors barely blinked. The real story may not be in the numbers.

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.