Tag: Technology Hardware

Intel surges 9% after Trump says company will partner with Apple on U.S. chip design

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.

Why This AI Data Center Stock Is Surging 21% on an AMD Partnership

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

Super Micro Stock Sale Lays Bare Market’s AI Growing Pains

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

Apple debuts revamped ‘Siri AI’ and new child safety features for iPhones and iPads

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 raises guidance for second-quarter outlook

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 shares falls despite earnings and revenue beat

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

Intel Lands AI Partnership With Apple Supplier Foxconn. Why the Stock Is Falling.

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.

HPE Stock Jumps 25% After Earnings Beat. It’s Another AI Beneficiary.

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 Stock Rises as It Targets Apple MacBook with New Laptop

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

Dell shares jump 39% after server maker reports fastest sales growth since return to public market in 2018

Dell reported its fastest pace of revenue growth for any period since its return to the public market more than seven years ago, and topped analysts’ estimates for sales and profit. The stock climbed as much as 39% in extended trading on Thursday.

Data centre operator IREN signs $1.6bn Dell deal for Blackwell systems at Texas AI campus

IREN has signed a purchase agreement with Dell to acquire air-cooled Blackwell systems for installation at its Childress, Texas data centre campus.

Huawei plans new smartphone chips this fall as rivalry with Nvidia and Apple heats up

Chinese tech giant Huawei on Monday touted a new approach to developing advanced semiconductors despite U.S. sanctions, as Nvidia struggles to sell its high-end chips in China.

IBM and Quantum Stocks Jump on Trump Administration Funding Pact. What We Know.

Quantum-computing stocks spiked Thursday after the U.S. Commerce Department confirmed it planned to award grants to nearly a dozen companies to foster the development of the domestic quantum industry.

Cisco to cut jobs so it can invest more in AI, and the stock rockets toward a record

Shares of Cisco Systems were surging into fresh record territory in early trading Thursday, after the networking giant said it would lay off workers and invest more heavily in artificial intelligence.

Datadog Stock Soars After Earnings. Why It’s a Software Bright Spot.

Shares of Datadog surged Thursday after the monitoring and analytics platform reported better-than-expected earnings and revenue for the first quarter.

Apple explores using Intel and Samsung to build main device chips in the US

Apple Inc. has held exploratory discussions about using Intel Corp. and Samsung Electronics Co. to produce the main processors for its devices in the US, a move that would offer a secondary option beyond longtime partner Taiwan Semiconductor Manufacturing Co.

Apple revenue guidance tops estimates on booming iPhone, Mac demand

Apple issued a better-than-expected revenue forecast for the current period after beating on sales and earnings in the fiscal second quarter. The stock rose about 3% in extended trading.

Sandisk Falls After Strong Earnings Report. Analyst Sees Stock Hitting $2,000.

Sandisk shares fell 6.3% in premarket trading Friday even as the company posted excellent fiscal third-quarter earnings the prior afternoon. Analysts are sticking by the flash memory supplier.

Seagate Stock Jumps on Strong Earnings and Guidance. AI Continues to Drive Growth.

Hard-drive maker Seagate Technology (STX) reported third-quarter sales and earnings results well in excess of Wall Street expectations.

SAP Stock Soars After Earnings. AI Hope Defies Software Slump.

Shares in SAP (SAP) were rallying on Friday after the German tech company reported better-than-expected first-quarter profit and reiterated its 2026 cloud revenue outlook, with a caveat.