Morning Bid: Magnificent cash burn
Alphabet's stock fell 3% in premarket trading after the company reported an earnings beat but raised its AI-linked capital expenditure estimates, with investments this year now set to top $200 billion…
Alphabet's stock fell 3% in premarket trading after the company reported an earnings beat but raised its AI-linked capital expenditure estimates, with investments this year now set to top $200 billion…
Intel is set to report second-quarter 2026 earnings after market close, with Wall Street consensus estimating EPS of $0.22 and revenue of $14.42 billion, representing sequential growth from Q1 2026 re…
Nokia reported comparable operating profit of €434mn for the second quarter of 2026, up 18% year-on-year and beating analyst forecasts of €382mn, as AI data-centre demand drove a doubling of cloud sal…
Intel and AMD have signed multi-year supply commitments with Chinese data centre customers as server CPU prices surge, with some products posting month-on-month increases of more than 10% and certain …
Intel is preparing new job cuts in its Data Center and AI Group, the latest in a years-long reduction that has eliminated about 40% of its workforce, dropping global headcount from roughly 132,000 in …
Intel and AMD are pushing Chinese server customers into multi-year CPU purchase commitments as server CPU prices in China have surged more than 40% since the start of 2026, according to Reuters. The p…
Intel's Q2 2026 earnings report, due July 23, will test whether the semiconductor giant can sustain its AI-driven rally after shares surged about 225% in 2026. The company raised Q2 revenue expectatio…
The PyTorch Foundation, which expanded into a multi-project foundation in April 2025, now hosts six projects including PyTorch, vLLM, DeepSpeed, Ray, Helion, and Safetensors. PyTorch released version …
Intel's upcoming quarterly earnings report has become a critical test for the AI-driven stock rally, as the chipmaker's results could either validate broad semiconductor demand or expose concentration…
KPMG's report 'Silicon Isle' projects that Ireland could support up to 34,500 new semiconductor roles by 2040, driven by surging global demand for AI, data centres, and electric vehicles. The country'…
GPT-5.6 identified an Intel CPU microcode bug causing a performance regression, which was resolved by building with the -mbranches-within-32B-boundaries flag. The workaround slows conditional jumps st…
Intel reports Q2 2026 earnings on July 23, with its stock up roughly 200% year-to-date and more than 400% over the past 12 months, driven by AI chip demand and a revitalized foundry strategy after a b…
Beijing aims to add 50,000 petaflops of intelligent computing power in the second half of 2026, pushing total capacity over 130,000 petaflops by year-end, the Beijing Municipal Bureau of Economy and I…
The Trump administration is exploring taking equity stakes in AI companies, with OpenAI holding preliminary talks about giving Washington a 5% stake worth roughly $42.6 billion at the company's $852 b…
Allianz's travel division will cut up to 1,800 jobs over 12 to 18 months as AI replaces roughly 14,000 customer-service and claims-handling roles, CEO announced. Munich Re cut about 1,000 positions in…
Asian stocks advanced for a second day as a rebound in chipmakers at the heart of the artificial intelligence boom offset concerns over rising oil prices, with the MSCI Asia-Pacific Index climbing 0.8…
Intel confirmed layoffs in its Data Center and AI Group on July 21, two days before its Q2 earnings call, even as the unit posted $5.05 billion in revenue last quarter, up 22% year-over-year. CEO Lip-…
Supermicro stock jumped 18% in after-hours trading Tuesday after the AI server maker announced it expects gross margins to nearly double, citing a record order backlog. The company reported total new …
Intel confirmed on Tuesday that it will cut an unspecified number of jobs in its data center and AI group as part of a broader restructuring under CEO Lip-Bu Tan, with shares rising up to 8 percent in…
Former Intel CEO Pat Gelsinger has joined Playground Capital as a general partner to help semiconductor startups revive Moore's Law through advances in lithography, taking a board seat at xLight, a po…