For AI Stocks, Beating Estimates No Longer Enough
Palantir’s shares jumped 29% on Tuesday, a day after the software company reported quarterly revenue up 93% and raised its full-year forecast by $500 million. Hours earlier, AMD had reported…
Tech ETFs Drew $19 Billion in July Even as Chip Stocks Tumbled
On the last Friday of July, the joke on Wall Street trading desks was that the market had decided to sell its semiconductors and buy ketchup. The Nasdaq Composite had…
TSMC’s Capacity Race Runs Ahead of Schedule
Inside TSMC’s fabs, the 3-nanometer lines are filling up sooner than planned. Monthly 3nm capacity will reach 180,000 wafers in the early fourth quarter, two to three months ahead of…
Chip Prices Climb Across the Board as Memory Shortage Spreads
Qualcomm Inc. told customers it will raise prices on its Snapdragon processors by double digits starting September 1, according to people familiar with the matter, joining a wave of increases…
AMD’s Server-Chip Ambition Gets a Wall Street Boost
Susquehanna raised its price target on AMD this week, arguing that the company’s next-generation server processor could double its share of the data-center market. The report points to a structural…
NVIDIA Shares Slide 5% as China Chip Anxiety and Big Capital Moves Converge
NVIDIA shares fell 5% on July 28, their steepest one-day drop in six months, erasing roughly $250 billion in market value. The selloff had a trigger, a backdrop and a…
AMD’s Helios Takes the AI Race to Rack Scale
At AMD’s Advancing AI event on July 24, Lisa Su pulled back the curtain on the company’s answer to the industry’s most important hardware question: what does an AI data…
Intel Posts Fastest Revenue Growth in 15 Years
Intel’s finance team had a number it had waited a decade and a half to report. Second-quarter revenue came in at $16.1 billion, up 39 percent from a year earlier,…
AMD to Invest Up to $5 Billion in Anthropic in AI Infrastructure Push
AMD announced a strategic partnership with Anthropic on Wednesday under which it could invest up to $5 billion in the AI company, and Anthropic will deploy AMD’s rack-scale Helios systems…
AMD Commits Up to $5 Billion to Anthropic in Chips-and-Equity Deal
For two years, Anthropic’s most important conversations about hardware took place with Nvidia and with the two cloud giants that had already written enormous checks to the AI lab. This…
