SK Hynix overtakes Samsung in annual profits for the first time
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office…
Zuckerberg Shrugs Off Wall St. Fears, Pledges Up to $135B for AI
Just hours before its after-the-bell Q4 earnings call Wednesday (Jan. 28), it was common to see a headline…
Could This Chip Stock Be the Best Way to Play the AI Infrastructure Buildout?
Key Points Broadcom’s stock has surged 2,620% over the past decade. Its AI chip business is growing like…
Advantest shares jump as much as 14% as AI chip boom drives record sales
Employees move semiconductor testers on the assembly line of the Advantest Corp. plant in Ora, Japan on Aug.…
Microsoft shrugs off AI bubble fears again with strong financial results | Microsoft
Investor interest in Microsoft shares may have weakened in recent months, but the company posted strong financial results…
South Korea’s ‘world-first’ AI laws face pushback amid bid to become leading tech power | South Korea
South Korea has embarked on a foray into the regulation of AI, launching what has been billed as…
Meta wows Wall Street despite spending billions on AI and facing social media addiction trial | Technology
As Meta spends billions on artificial intelligence data centers and its CEO prepares to testify in a landmark…
Samsung’s profit triples, beating estimates as AI chip demand fuels memory shortage
Headquarters of Samsung in Mountain View, California, on October 28, 2018. Smith Collection/gado | Archive Photos | Getty…
Tesla discontinues Model X and S vehicles as Elon Musk pivots to robotics | Tesla
In the clearest sign yet that Tesla is pivoting away from its electric car business, CEO Elon Musk…
Internal Microsoft CFO Memo Calls Out AI Deals, Coding, and Chips
After Microsoft reported results on Wednesday, CFO Amy Hood sent an internal memo to employees calling attention to…
AI security startup Outtake raises $40M from Iconiq, Satya Nadella, Bill Ackman, and other big names
Outtake, which makes an agentic cybersecurity platform to help enterprises detect, investigate, and take down identity fraud, has…
Meta boosts annual capex sharply on superintelligence push, shares jump
By Jaspreet Singh Jan 28 (Reuters) – Instagram-owner Meta on Wednesday boosted its capital spending plans for the…