Tag: Technology Hardware

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

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.

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

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.

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.

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.

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

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 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 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.

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

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.

International Business Machines Corp. posted quarterly sales in its software unit that were in line with estimates, failing to shake investor concerns about AI disruption to its business.

Apple (AAPL) on Monday named longtime hardware boss John Ternus as its next CEO, turning ​to another insider to steer the iPhone maker after Tim Cook as it navigates a world radically altered by artificial intelligence, a technology it has lagged on.

Apple’s (AAPL.O), iPhone shipments surged 20% in China in the first quarter, ​for the strongest growth among major vendors, despite an overall decline ‌as rising prices of memory chips boosted costs, data from Counterpoint Research showed.

Taiwan Semiconductor Manufacturing (TSM) reported a sharp rise in quarterly profit as it rides the wave of demand for artificial-intelligence chips. 

Amazon agreed to acquire satellite operator Globalstar in a deal that would boost the tech giant’s efforts to build its own satellite operation.

Sandisk stock was rising on Monday after Nasdaq said it would be adding the flash memory product supplier to the Nasdaq 100 index.