Tag: Technology Hardware

Apple adds ChatGPT to iPhone in latest iOS update

Apple on Wednesday started integrating OpenAI’s ChatGPT into its devices, delivering on a long-awaited feature that investors hope will help drive sales of its latest iPhones.

Apple plans three-year modem rollout to compete with Qualcomm, Bloomberg News reports

Apple is preparing to launch its long-awaited series of cellular modem chips next year, which will replace components from longtime partner Qualcomm Bloomberg News reported on Friday.

Apple says it uses Amazon’s custom AI chips

Apple is currently using Amazon Web Services’ custom artificial intelligence chips for services like search and will evaluate if the company’s latest AI chip can be used to pretrain its models like Apple Intelligence.

GM to Exit Michigan EV Battery Plant

Automaker plans to sell its stake to joint-venture partner LG Energy, the latest pullback in its electric-car investments

Dell shares fall on light forecast despite growing AI sales

Dell Technologies forecast fourth-quarter revenue and earnings below Wall Street expectations Tuesday, despite bullish commentary from the company on AI sales growth.

HP Inc. Reports Mixed Earnings. The Stock Falls.

HP Inc. reported mixed earnings Tuesday. The stock fell 8.3% in premarket trading Wednesday

Huawei to launch phone with own software in sign of China-US splintering

Tech group aims to establish its alternative to iOS and Android as third major mobile operating system

Indonesia says Apple’s $100 mln investment proposal inadequate

Indonesia said a $100 million investment proposal from Apple to build an accessory and component plant was not enough for the country to allow the tech giant to sell its latest iPhone model, its industry ministry said on Monday.

NetApp Stock Jumps After Earnings. It’s ‘Firing On All Cylinders.’

Shares of NetApp were trading higher Friday after the data-storage company turned in a strong quarter and raised its financial guidance.

Super Micro stock surges after company files plan to avoid Nasdaq delisting

Super Micro Computer stock rose as much as 29% in premarket trade on Tuesday after the AI server maker late Monday submitted a compliance plan with the SEC to avoid delisting from the Nasdaq.

Xiaomi Q3 revenue soars 30.5% as sales of its first electric car surge

Chinese electronics maker Xiaomi Corp posted a 30.5% jump in third-quarter revenue as consumers clamoured for its first electric vehicle, the SU7 sedan.

Cisco reports fourth straight quarter of declining revenue

Cisco reported a fourth straight quarter of declining revenue even as results topped analysts’ estimates. The stock slipped 2.5% in extended trading.

Super Micro Stock Sinks After Another Filing Delay for Earnings

Super Micro Computer the chip maker that became a target of short seller Hindenburg Research earlier this year, said it needs additional time to file its 10-Q form for earnings in the last quarter.

Arista Networks sees fourth-quarter revenue above estimates on steady demand

Arista Networks projected fourth-quarter revenue above Wall Street estimates on Thursday, as the growing foot print of data centers amid an AI boom lifted demand for its networking equipment.

Sony profit jumps as games offset weak movie showing

Sony said on Friday its operating profit rose 73% in the July-September quarter, with strong sales in its game and network business helping to offset weakness in movies.

Super Micro Stock Tumbles After Business Update. There Was No Full-Year Outlook.

Super Micro provided a worse-than-expected business update for its revenue Tuesday afternoon. The stock fell sharply.

Apple sales rise 6%, company seeing early iPhone 16 demand

Apple’s fiscal fourth-quarter results beat Wall Street expectations for revenue and earnings per share, but net income slumped after the company paid a one-time charge as part of a tax decision in Europe.

IBM stock slips on disappointing consulting and infrastructure revenue

IBM shares moved 3% lower in extended trading on Wednesday after the hardware, software and consulting provider fell short of Wall Street’s revenue expectations for the third quarter.

THEON: Εκτίναξη των προσαρμοσμένων κερδών στο 9μηνο

Ρεκόρ εσόδων ύψους €222,6 εκατ. για την Theon στο 9μηνο, καταγράφοντας αύξηση 92% σε σχέση με πέρυσι. Επιβεβαίωση των προβλέψεων για το οικονομικό έτος 2024.

Super Micro shares tumble 12% after DOJ reportedly opens probe into company

Super Micro Computer shares closed down 12% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom.