Tesla’s July Is the Worst in the Magnificent Seven
Tesla shares fell more in July than any of its Magnificent Seven peers, capping a month in which investors punished the company for a gap between its AI story and…
Kumamoto Quake Leaves Japan’s Chip Heartland Dark
The machines that make the world’s camera sensors and power chips fell silent this week. Two days after a 7.1-magnitude earthquake struck Kumamoto prefecture, factories across the region’s semiconductor heartland…
Chip Stocks Surge as Microsoft’s Numbers Quiet Fears of an AI Slowdown
The Philadelphia Semiconductor Index climbed more than 6% on Thursday, its biggest one-day gain in months, as investors seized on Microsoft’s earnings as the clearest evidence yet that the AI…
OpenAI’s Revenue Keeps Climbing as a Key Researcher Returns
In an all-hands meeting this month, OpenAI’s chief financial officer delivered a message the company rarely puts on the record: the growth has not slowed down. Sarah Friar told employees…
Meta’s AI Spending Spooks Investors Despite a Revenue Beat
By the numbers, Meta Platforms had a good quarter. Revenue of $60.8 billion in the three months ended June 30 beat the $60.24 billion analysts had expected, and advertising sales…
Qualcomm’s Phone Business Drags as Auto and IoT Pick Up Slack
The smartphone upgrade cycle that Qualcomm has counted on for years still has not arrived. The company’s fiscal third-quarter results, reported Wednesday, showed a business treading water in its biggest…
Microsoft’s Record Quarter Comes With a Heavier Bill for the Future
Investors parsed Microsoft’s fiscal fourth-quarter results on Thursday with unusual care, and the number that drew the most attention was not revenue. It was a figure buried in the company’s…
Samsung’s Memory Business Rides an AI Surge to a Record Quarter
Two years ago, Samsung Electronics executives spent earnings calls explaining losses in the semiconductor division. On Thursday they confronted the opposite problem: how to describe a quarter so large it…
GlobalFoundries Jumps 16% on Silicon Photonics Grant for Its AI Push
Before the opening bell Wednesday, GlobalFoundries shares were up more than 16%, a move that turned the company, briefly, into the hottest stock in semiconductors. The catalyst was not a…
Cyera Buys Oasis Security for $1 Billion in a Bet on Agent Identities
Yotam Segev, the co-founder and chief executive of Cyera, has a way of reducing security problems to two sentences: knowing your data is not enough if you cannot govern who…
