Nvidia supplier Foxconn third-quarter profit beats expectations, rising 17% on AI demand
Foxconn Chairman Young Liu delivers a speech during the Hon Hai Tech Day in Taipei on Oct. 18,…
‘Big Short’ investor Michael Burry accuses AI hyperscalers of artificially boosting earnings
Michael Burry attends the New York premiere of “The Big Short” at the Ziegfeld Theater in New York…
SoftBank earnings report 2Q
The logo of Japanese company SoftBank Group is seen outside the company’s headquarters in Tokyo on January 22,…
The stocks set to win as AI spend continues to soar: Analysts
Corporate investment into artificial intelligence totaled over $250 billion last year as companies raced to develop intelligence-fueled products…
Elon Musk says Tesla needs “gigantic chip fab” for its AI and robotics
Tesla CEO Elon Musk attends the Saudi-U.S. Investment Forum, in Riyadh, Saudi Arabia, May 13, 2025. Hamad I…
Tech had a rough day — its employees had a worse October
Traders works on the floor of the New York Stock Exchange. NYSE October’s job losses in the U.S.…
SoftBank shares slide over 8% amid renewed pressure on AI-linked stocks
The logo of SoftBank is displayed at a company shop in Tokyo, Japan January 28, 2025. Issei Kato…
Nvidia’s Jensen Huang softens his ‘China will win the AI race’ remark to FT
Jensen Huang attends a reception for the 2025 Queen Elizabeth Prize for Engineering, at St James’ Palace in…
China’s Pony.ai shares drop 12%, WeRide down 8% in Hong Kong debut
A Pony.ai autonomous car. Pony.ai China’s Pony.ai on Thursday saw its shares drop over 12%, while rival WeRide…
Nvidia joins $2 billion India deep tech alliance to mentor AI startups
Co-founder and CEO of Nvidia Jensen Huang spoke to journalists during a trip to Beijing in July. Picture…
Trump renominates Musk ally Jared Isaacman run NASA after withdrawal
Jared Isaacman, U.S. President Donald Trump’s nominee to be administrator of the National Aeronautics and Space Administration (NASA)…
HSBC flags AI capex mismatch, others warn of ‘irrational exuberance’
HONG KONG, CHINA – 2025/03/01: In this photo illustration, Artificial intelligence (AI) apps of perplexity, DeepSeek and ChatGPT…