Broadcom, a key player in the AI chip market, recently shared its sales predictions. Investors hoped for huge numbers, but the company's outlook didn't quite match their high expectations. After the announcement, Broadcom's stock took a dip. This happened even though the company has a massive backl
Alphabet just had a massive quarter, raking in over $100 billion for the first time ever. This huge jump is thanks to AI, which is now a big part of everything they do. From search and ads to cloud services and YouTube, AI is making things better and bringing in more money. Search is getting smarte
Baker Hughes is banking on artificial intelligence to drive its future growth. The company is so confident in this tech that it expects to hit $1. 5 billion in data center orders sooner than planned. This is a big deal because it shows how much demand there is for data center power. But it's not al
The tech world had a mixed week, with some companies shining bright and others leaving investors in the dark. Let's dive in and see what's been happening. First off, AI is still the talk of the town. Companies like ON Semiconductor and Micron Technology saw their stocks rise. Why? Because they're r
Hive Digital, a company that started with Bitcoin mining and now also builds data centers, just shared its earnings for the first three months of its fiscal year. They made a lot of money, thanks to both Bitcoin mining and their new AI-related services. In this quarter, Hive brought in $45. 6 milli
Credo Technology, a top maker of super-fast cables for data centers, has caught the eye of Bank of America. The investment bank thinks Credo can make a big splash in the growing market for AI equipment. In fact, they've given Credo a huge upgrade, moving from "underperform" to "buy" and setting a ne
Nvidia is making waves in India by teaming up with several major companies to bring its AI technology to the country. The U. S. -based chip designer has inked deals with big names like Reliance and Tech Mahindra. These partnerships aim to build infrastructure and develop AI models in Hindi, among ot
Ever heard of Micron Technology? They're a big deal in the tech world right now, especially when it comes to high bandwidth chips. These are like the superhighways for data, and Micron is building them better than anyone else. So good, in fact, that they've just beaten their profit targets and are l
Artificial intelligence company OpenAI has just wrapped up a funding round, hitting a staggering $157 billion valuation. This milestone is thanks to $6.6 billion from investors like Thrive Capital, Microsoft, Nvidia, and SoftBank. The secret sauce? ChatGPT, launched in late 2022, which has taken gen
