Tag: Technology Hardware

A Retirement Marks Another Chapter in Apple’s AI Reshuffle

On Monday, Apple announced the retirement of John Giannandrea, the company’s Senior Vice President Machine Learning and AI Strategy. It marks another shake-up of Apple’s AI team this year as it struggles to find its footing in a post-ChatGPT world.

Intel stock holds 10% rise after analyst predicts major Apple deal

Intel stock held a sharp hike in pretrading on Monday, after the stock surged on Friday when an analyst predicted the chip giant was nearing a deal to supply Apple in 2027.

Dell misses on revenue, offers strong forecast driven by AI sales

Dell reported fiscal third-quarter earnings on Tuesday that missed Wall Street expectations for revenue, but the company forecasted a stronger-than-expected fourth quarter driven by increased AI sales.

HP Inc. Has a Memory Problem. Financial Forecasts Take a Hit.

The rise of artificial intelligence is turning out to be a problem for HP Inc. on two fronts.

Samsung’s operating profit seen ’skyrocketing’ on robust HBM4 demand

Samsung’s operating profit is projected to surge next year as robust demand for next-generation memory lifts margins across its chip division, according to a new note from KB Securities.

IBM says ‘Loon’ chip shows path to useful quantum computers by 2029

IBM (IBM.N), announced on Wednesday it has built a new experimental quantum computing chip called Loon that demonstrates it hit a key milestone toward making useful quantum computers before the end of the decade.

Arista Networks shares plunge over 10% despite strong Q3 results

Arista Networks Inc (NYSE:ANET) shares tumbled 10.8% after the networking equipment provider’s fourth-quarter outlook failed to impress investors, despite reporting better-than-expected third-quarter results.

Apple shares rise as iPhone holiday sales forecast soothes supply woes

Apple (AAPL.O), shares rose about 2% premarket on Friday after upbeat forecasts for the lucrative holiday quarter suggested the latest iPhone 17 models were driving a sales rebound despite delays in shipping to key market China.

Samsung building facility with 50,000 Nvidia GPUs to automate chip manufacturing

Korean semiconductor giant Samsung said Thursday that it plans to buy and deploy a cluster of 50,000 Nvidia graphics processing units to improve its chip manufacturing for mobile devices and robots.

Quantum stocks surge on report Trump eyeing stakes in the group like Intel, rare earth companies

The Trump administration is in talks with several quantum-computing firms about giving the Commerce Department equity stakes in exchange for federal funding, the Wall Street Journal reported on Wednesday.

IBM stock rises after partnership with Groq to accelerate AI deployment

IBM stock rose 0.6% after the company announced a strategic partnership with Groq aimed at accelerating enterprise AI deployment through faster agentic AI capabilities.

Apple: Η συμφωνία με HELLENiQ ENERGY και η «πράσινη» επέλαση στην Ευρώπη

PPAs σε όλη την Ευρώπη υπογράφει η Apple, η οποία επεκτείνει σημαντικά τα έργα καθαρής ενέργειας, με νέα μεγάλης κλίμακας ηλιακά και αιολικά πάρκα που βρίσκονται σε εξέλιξη στην Ελλάδα, την Ιταλία, τη Λετονία, την Πολωνία και τη Ρουμανία.

Xiaomi shares see biggest drop since April after fatal EV crash sparks safety concerns

Chinese tech giant Xiaomi saw its shares fall over 5% on Monday, following reports that the doors of one of its electric vehicles failed to open after a fiery crash in China that left one person dead.

IBM shares rise on Anthropic AI partnership

Shares of IBM are trading nearly 7% in Tuesday’s pre-market trading after announcing a strategic partnership with Anthropic to integrate Claude AI into IBM’s software portfolio.

Intel Stock Jumps Again Amid Apple Speculation. Why It’s Still on the ‘Wrong Path.’

Intel(INTC) was rising early Thursday as the market bet investment from the likes of Apple(AAPL) could boost the chip company.

Apple holds down new iPhone prices amid threats of Trump tariffs

Apple (AAPL.O), on Tuesday introduced an upgraded line of new iPhones, including a slimmer iPhone Air, and held prices steady amid U.S. President Donald Trump’s tariffs that have hurt the company’s profit.

Ciena shares soar as AI demand drives strong earnings beat

Ciena Corporation reported fiscal third-quarter earnings that significantly exceeded analyst expectations, driven by accelerating demand for high-speed connectivity solutions supporting artificial intelligence infrastructure. The networking systems provider’s shares surged 13% in premarket trading following the announcement.

Dell slides as high AI server costs, competition blunt upbeat demand forecast

Shares of Dell Technologies (DELL.N), fell about 7% premarket on Friday, as high manufacturing costs for AI-optimized servers and intensifying competition overshadowed the company’s bullish demand forecast for artificial intelligence infrastructure.

Apple just landed a key win for the global encryption fight

Apple clinched a major win Monday after the U.S. government announced that the U.K. had agreed to drop its demand for the company to provide a “back door” granting officials access to users’ encrypted data.

Cisco reports narrow earnings beat, issues inline forecast for the year

Cisco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected.