TSMC, the world's largest manufacturer of advanced AI chips, will likely notch a fifth consecutive quarter of record earnings, driven by booming AI infrastructure spending. Analysts say demand for Taiwan Semiconductor Manufacturing Co's (TSMC) 3-nanometre and 2-nanometre process technologies for AI chips, as well as for its advanced chip packaging technology, CoWoS, remains strong. Its market capitalisation is now nearly double that of South Korean rival Samsung Electronics at around $1.97 trillion.
The artificial intelligence boom has been nothing but a headache for Apple (AAPL) since it started. The stock quickly gained a reputation as an AI laggard. The company recently had to raise prices for some of its products due to the skyrocketing memory prices, caused by the AI buildout. The ...
Investors backed strong catalysts, including analyst upgrades, biotech trial results and improving freight outlooks.
Almost every advanced AI chip on the planet is built in one place. Nvidia's Blackwell processors, Apple's silicon, custom accelerators for Meta and AMD — they all run through the same foundry in Taiwan. That foundry is Taiwan Semiconductor Manufacturing Company (TSM). TSMC is set to ...
Apple almost never sues, so when Tim Cook personally greenlit a complaint accusing OpenAI of stealing trade secrets and smuggling hardware prototypes out the door, Wall Street and Silicon Valley both took notice. The question now is whether the case disrupts OpenAI's IPO plans before a single share is priced.
The technology company needs to overcome doubts over the cost of its AI infrastructure build out ad its reliance on OpenAI.
This stock thrives on volatility.
While Tesla's price action has been lackluster lately, history proves that these frustrating lulls are often the quiet before the bull storm.
A global memory component crisis has pushed second-quarter smartphone shipments to their lowest level since 2013, according to a report from Counterpoint.
Wildfires have become one of the costliest natural disasters in the world, destroying homes, businesses and critical infrastructure while leaving governments and insurers with massive bills. The sooner a fire is detected, the better the chances of containing it before...
‘The bad blood between Apple and OpenAI plays into Google’s hands,’ says Paul Meeks, head of technology research at Freedom Capital Markets.
AI stocks tumble as investors wonder how much longer Big Tech companies can maintain their aggressive spending plans.
Fidelity runs a tech ETF that shadows VGT tick for tick at a lower fee, yet financial advisors quietly steer clients away from making the switch. The reason has nothing to do with performance.
Apple would not comment on the "security breach," which allegedly allowed a former employee to download sensitive files from Apple's network long after he departed the company for rival OpenAI.
STORY: Global smartphone shipments fell 11% in the second quarter to their lowest level for the period since 2013.That's according to early estimates from Counterpoint Research, which said a memory chip shortage has driven up smartphone prices and dampened demand.Memory chip prices have soared as suppliers prioritize AI data center customers over consumer electronics, forcing smartphone makers to pass along higher costs through price hikes, particularly for entry- and mid-range devices.Among the world's top five smartphone companies, mid-tier firms Xiaomi, Oppo and Vivo posted the steepest declines.Apple and Samsung, however, bucked the downward trend.:: SamsungSamsung reclaimed the top spot with a 24% share of the smartphone market, while Apple took its global market share to a record 20% in the quarter.And while the memory chip shortage has hurt many smartphone makers, it has helped the chip's suppliers.South Korea's SK Hynix, one of the largest memory chip makers, debuted on the Nasdaq last Friday after its shares in South Korea rose more than sevenfold over the past 12 months.:: MicronMeanwhile, shares of its American rival Micron Technology soared nearly 650% over the past year.That's made many investors bullish on both stocks, says Ross Mayfield, investment strategist at Baird Private Wealth Management."The reality is the demand for memory is so large and so bottlenecked that both companies are in tremendous positions, have tremendous margins, tremendous pricing power. And while there are slight differences, you could really take or pick either and probably be very satisfied over the coming year or two as an investor."But the investor euphoria cooled on Monday as shares of Samsung, SK Hynix and Micron all tumbled amid a broader market selloff.
Apple's Pricing Power Wins Praise as Citi Raises Price Target
The company is looking beyond its own data centers as it tries to sell more TPUs to outside cloud providers.
TPU sales push targets fast-growing neocloud providers
Every other Magnificent 7 stock sits far below its all-time high, yet Apple kept climbing while rivals splurged on AI. Whether that gap reflects genuine strength or a valuation trap worth avoiding is the question every investor needs to answer before July 30.
Apple’s next iPhone problem may not be demand. It may be the price of making demand profitable. Hardware costs are rising, and Apple has drastically decreased its demand projections for the regular iPhone 17, according to a recent report from MacRumors, citing the Weibo account Fixed Focus Digital. ...