Tag: Technology Hardware

Super Micro Shares Fall After Earnings Report, 10-for-1 Stock Split News. Here’s Why.

Super Micro Computer gave a strong sales forecast for fiscal year 2025, but the company’s shares fell on deteriorating profit margins.

Apple revenues rise on strong services business and iPad sales

Company bullish on iPhone upgrades from AI products even as it confronts China slowdown and fall in smartphone purchases

Apple’s iPhone elbowed out of top 5 in China by domestic smartphone rivals

Apple dropped out of the top five smartphone sellers in China for the first time in four years in the second quarter, with the iPhone losing ground to models from domestic handset makers including Huawei.

Super Micro Is Joining the Nasdaq 100. Its Stock Is Jumping.

Super Micro Computer will replace Walgreens Boots Alliance in the Nasdaq 100 index before the start of trading on Monday, July 22.

Samsung Electronics hit by unprecedented 3-day strike

More than 6,500 workers at Samsung Electronics have followed up the first ever walkout at the South Korean tech giant with a full-blown strike over pay and conditions.

Epic Games says Apple stalling launch of its game store in Europe

“Fortnite” maker Epic Games said on Friday Apple was impeding its attempts to set up a games store on iPhones and iPads in Europe, the latest escalation in a bitter feud over the technology giant’s control of the iOS app ecosystem.

Huawei Technologies sells Aito electric vehicle trademark to partner for US$350 million

Huawei Technologies is selling the trademark of electric vehicle (EV) brand Aito to its Chinese carmaking partner Seres, as the Shenzhen-based technology giant moves to enhance its role as a systems and know-how supplier for autos instead of a competitor.

Apple’s Vision Pro starts deliveries at a higher price in China than in the U.S.

Apple’s mixed-reality headset began deliveries in China on Friday with a retail price roughly 18% higher than in the U.S. 

European Union regulators accuse Apple of breaching the bloc’s tech rules

European Union regulators on Monday said Apple is in breach of the Digital Markets Act because it does not allow customers of its App Store to be steered to alternatives.

Nvidia leapfrogs Apple, Microsoft to take crown as most valuable company

Nvidia leapfrogged Apple and Microsoft to snatch the crown of most valuable company on Tuesday as the chipmaker continued to ride AI-wave to new heights.

Apple has ‘very serious’ issues under sweeping EU digital rules, competition chief says

Apple has a number of “very serious” issues under the European Union’s sweeping Digital Markets Act, the bloc’s competition chief Margrethe Vestager told CNBC Tuesday.

Big Reshuffle of $71 Billion ETF Looms as Nvidia Surpasses Apple

One of the world’s most prominent technology ETFs looks poised for a big rebalancing that would ramp up exposure to Nvidia Corp. (NVDA) at the expense of Apple Inc. (AAPL) – spurring billions of dollars in trading volume in one fell swoop.

Apple supplier TDK says battery breakthrough can deliver higher performance for wearable devices

Japanese electronic parts maker TDK on Monday said it had successfully developed a material for its solid-state batteries, making a breakthrough that it estimates could deliver significantly higher performance for wearable devices.

Computing firm Raspberry Pi pops 31% in rare London market debut

Shares of Raspberry Pi on Tuesday were up 31% in morning trade, as the British computing startup seeks to raise some £166 million ($211.2 million) from its initial public offering.

Apple partners with OpenAI to roll out new artificial intelligence system

Apple on Monday said it had partnered with OpenAI to integrate ChatGPT into its devices as it unveiled a new “Apple Intelligence” system in what chief executive Tim Cook called the “next big step” by the iPhone maker.

Ciena 2Q Revenue Declines on Networking Platforms Segment Performance

Ciena posted lower revenue in its latest quarter weighed down by results in its core segment, but the overall decline was less dire than Wall Street predicted.

HPE scores a big revenue beat fueled by AI, and its stock rockets

Momentum in artificial-intelligence servers lifted Hewlett Packard Enterprise Co. to a sizable revenue beat in the latest quarter as the company returned to growth.

Dell shares slump as heavy AI investments expected to dent margin

 Dell Technologies shares tumbled about 14% in premarket trading on Friday, as the PC and server maker expects sizeable AI investments to dent its quarterly profit.

HP Says AI’s Big Impact Will Come Next Year. Its Stock Is Jumping.

Businesses are starting to upgrade their personal computers, and that helped HP deliver the April quarter earnings it promised.

Apple to open first store in Malaysia as Asia expansion continues

Apple
plans to open its first store in Malaysia next month, the company said Wednesday, underscoring a bigger push into the Asia region beyond China.