Anthropic confirmed on August 5, 2026 that it is building an in-house silicon team to design custom chips for Claude, marking the first public acknowledgment of the effort. The company posted a job li…
Wall Street's S&P 500 rose 0.5% at the open on Wednesday, heading for a new record, while the tech-heavy Nasdaq composite gained 0.4% and the Dow Jones industrial average added 0.3%. Keith Lerner, chi…
Anthropic confirmed it is building an in-house silicon team to design custom AI chips for its Claude model, marking the first public confirmation of the plans. The company will co-design hardware and …
The S&P 500 and Dow Jones returned to record highs on Tuesday, driven by falling oil prices and a strong earnings season, but SpaceX shares fell despite beating revenue expectations in its debut quart…
AMD reported that its data centre revenue doubled in the second quarter of 2026, positioning the company as a stronger competitor to NVIDIA in the AI data centre market, according to an analysis by Th…
SpaceX CEO Elon Musk announced on Wednesday's earnings call that the company will exclusively use Nvidia GPUs, citing the Vera Rubin architecture as the best AI computer. SpaceX reported Q2 revenue of…
TSMC is on track to reach a monthly capacity of nearly 100,000 2nm wafers by the end of this year, driven by strong demand from AI customers such as Nvidia, AMD, and Broadcom, according to Taiwan's Ec…
AMD reported record second-quarter revenue of $11.5 billion, up 50% year over year, with data center revenue of $6.7 billion, up 107%, but shares fell nearly 8% in after-hours trading despite beating …
Semiconductor stocks surged in Asian trading on Wednesday, with the Kospi jumping 4.0% led by SK Hynix and Samsung, despite after-hours declines for SpaceX and AMD. SpaceX disclosed capital expenditur…
MSCI All Country World Index rose nearly 0.5% on Wednesday, heading for another record close, as Asian-Pacific stocks climbed over 2% and chipmakers SK Hynix and Samsung Electronics advanced more than…
Intel shares jumped 10% on August 4, 2026, to close at $99.74, lifting the broader chip sector and increasing the paper value of the U.S. government's 10% stake in the company to more than $40 billion…
AMD and Supermicro introduced AMD Instinct Coder, a turnkey AI inference appliance for coding workloads that routes requests to local open models or metered external APIs, cutting token costs by up to…
Samsung Electronics unveiled zHBM, a memory architecture stacked directly on AI chips, at the Future of Memory and Storage conference in Santa Clara on August 4, claiming it runs eight times faster th…
AMD reported record second-quarter revenue of $11.5 billion, up 50% year over year, with data center revenue reaching $6.7 billion, up 107%, as CEO Lisa Su said open-source contributions to its ROCm s…
AMD executives say the chip company's open-source strategy gives it an edge over Nvidia in the AI chip race, with CEO Lisa Su noting that open-source contributions to its ROCm software have increased …
AMD reported Q2 profits surging 163 percent year-over-year on revenues of $11.5 billion, but its shares fell 10.5 percent after the announcement as investors worried about its exposure to a handful of…
AMD, Super Micro Computer, Inc. (Supermicro) and Spectro Cloud announced AMD Instinct Coder, a turnkey enterprise AI coding solution designed to scale AI-assisted software development with local-first…
AMD reported record Q2 revenue of $11.5 billion, up 50% year-over-year, with data center revenue more than doubling to $6.7 billion, and guided Q3 revenue to approximately $13 billion. Management expe…
AMD (NASDAQ:AMD) reported second quarter 2026 revenue of $11.5 billion, with GAAP net income of $2.3 billion and diluted EPS of $1.38, while non-GAAP net income was $2.8 billion and diluted EPS was $1…
AMD reported $11.5 billion in revenue for the quarter, up 50% year-over-year, driven by AI demand, with data center revenue more than doubling and now representing 58% of total revenue. CEO Lisa Su re…