Qualcomm Inc. shares surged after the chipmaker forecast annual sales of more than $15 billion from AI data center components by fiscal 2029, part of a broader $40 billion revenue target for non-hands…
Big Tech stock buybacks have nearly vanished as Alphabet, Microsoft, Meta, and Amazon prioritize massive AI spending, with only Microsoft buying back shares in Q1 at the lowest level in nearly a decad…
Apple Inc. plans to launch camera-equipped AirPods in late 2027, alongside a foldable iPhone and a 20th-anniversary iPhone model, as part of its biggest wave of new products. The AirPods, designed as …
Meta Platforms Inc. Chief AI Officer Alexandr Wang said health capabilities will be a key differentiator for future Meta AI models as the company scales them to billions of users. Wang, who joined Met…
Broadcom Inc. shares fell by as much as 15% Thursday, the biggest intraday decline in more than 16 months, after the company forecast AI chip revenue of $16 billion for the fiscal third quarter, missi…
Micron Technology Inc. surpassed $1 trillion in market capitalization for the first time Tuesday after UBS Group AG raised its price target to a Street-high $1,625, implying the stock could more than …