AMD Shares Hit Record High, Closing In on Trillion-Dollar Mark
The stock chart looks like the kind of thing analysts used to warn investors about. AMD’s shares climbed to a record high on Wednesday, extending a rally that has brought…
Broadcom Shares Slide 12% as AI Chip Guidance Disappoints
The numbers were good. The market reacted as if they were not. Broadcom reported results for its fiscal second quarter on Wednesday and raised its dividend, but the guidance for…
NVIDIA Struggles to Hold $200 as Analyst Cuts Rating to Hold
The chart watchers have a line in the sand, and NVIDIA keeps testing it. The chip maker’s stock has been fighting to hold the 200 dollar level for weeks, and…
Musk to Speak at ASML Event as SpaceX Prepares for IPO
The invitation list for ASML’s annual event this year includes the usual executives and engineers who make the world’s chip equipment. It also includes Elon Musk. Reuters reported on Wednesday…
Memory Makers Face Class Action Over DRAM Supply
A technology reseller in Sacramento who buys server memory by the pallet watched his cost per gigabyte climb for six straight weeks this spring. Distributors returned the same answer to…
Grok 4.5 Begins Internal Testing at SpaceX and Tesla
On a Saturday evening in late June, engineers at SpaceX and Tesla began receiving access to a new artificial-intelligence model, an early signal of the release cadence xAI has promised…
Blackstone Sells Virginia Data Centers Back to Digital Realty
Two years ago, Blackstone and Digital Realty Trust formed a joint venture to build data centers in Northern Virginia, betting that the artificial-intelligence boom would turn the region’s power corridors…
Amazon to Pay Anthropic by the Token
Finance teams negotiating cloud contracts have begun seeing a new line in their terms: Amazon will pay for Anthropic’s models by the token, rather than by the hour of compute…
Apple’s Steepest Drop in a Year Puts the Memory Crisis in Focus
By the time the closing bell rang on June 30, Apple shareholders had watched the stock fall more in a single session than in any other day in over a…
Microsoft Stock Heads for Its Worst Month Since the Financial Crisis
A portfolio manager at a Boston mutual fund began June with Microsoft as his largest holding, a position built over two decades of reliable earnings growth. He spent the past…
