SK Hynix posts sixfold rise in Q2 profit on AI chip demand, misses forecasts
SEOUL, July 29 (Reuters) – South Korean chipmaker SK Hynix reported a more than sixfold increase in quarterly…
Seagate forecasts upbeat quarter on strong AI-driven storage demand
July 28 (Reuters) – Seagate Technology forecast quarterly revenue and profit above estimates on Tuesday, as the rapid…
Applied Digital beats quarterly revenue estimates on surging AI infrastructure demand
July 27 – Applied Digital beat Wall Street estimates for fourth-quarter revenue on Monday, riding on robust demand…
TSMC boss bets big on AI growth, signals interest in higher chip prices
By Wen-Yee Lee HSINCHU, Taiwan, June 4 (Reuters) – Taiwan’s TSMC, the world’s largest contract chipmaker, is confident…
Arm Holdings (ARM) Price Target Raised to $300 on AI and Data Center Momentum
Arm Holdings has drawn renewed interest from KeyBanc as the firm sees robust AI and data center demand…
GE HealthCare forecasts 2026 profit above estimates on strong demand for medical devices
Feb 4 (Reuters) – GE HealthCare on Wednesday forecast annual profit above Wall Street estimates, betting on robust…
AI Demand Is Tightening Memory Supply. What It Means for Nvidia, Intel, and AMD
This article first appeared on GuruFocus. A growing shortage of memory and storage is emerging as one of…
Dell raises growth targets for next four years on strong AI server demand
(Reuters) -Dell on Tuesday nearly doubled its annual profit growth target for the next four years, betting on…