International Business Machines Corp.'s warning that sales are falling short of expectations due to customers shifting spending to AI infrastructure caused its shares to plunge 25%, their worst day si…
A selloff in Asian chip stocks deepened as Taiwan Semiconductor Manufacturing Co.'s strong results failed to meet lofty investor expectations, with TSMC shares falling as much as 4.5% in Taipei despit…
Investor sentiment on China technology hardware has fallen to its most bearish level in over four years as the rally in chip stocks rapidly cools, according to Bloomberg. The Star 50 Index's fear/gree…
China's AI companies are poised to deliver robust earnings, with some along the chip supply chain flagging profit surges exceeding 1,000%, but elevated expectations after a months-long rally have made…
Google DeepMind CEO Demis Hassabis unveiled a proposal for an international watchdog to conduct rigorous tests and reviews of cutting-edge AI models before release, and plans to lobby Washington polic…
Visa will allow AI agents to use stablecoins for micropayments, according to a discussion on The Daily Wolf with Scott Melker. The move positions Visa to facilitate machine-to-machine payments in the …
Big Tech earnings season begins July 22 with Google and Intel, as investors scrutinize AI spending and returns, with Microsoft and Meta facing pressure over heavy data center investments while Google …
Oracle Corp.'s $250 billion data-center expansion has led S&P Global Ratings to cut its credit rating to BBB-, one step above junk, as the company burns through more than $20 billion over the last fou…
JPMorgan Chase CEO Jamie Dimon told Business Insider that AI has reduced jobs in certain areas of the bank but has not yet lowered operating costs, raising questions about return on investment from AI…
Meta Platforms Inc. has launched new tools to alert Canadian parents and first responders when youths discuss suicide or self-harm with its Meta AI chatbot, but Brock University professor Shauna Pomer…
Chip stocks continued to sell off in pre-market trading Thursday after Taiwan Semiconductor Manufacturing Company (TSM) failed to impress Wall Street with its robust earnings, exacerbating turmoil in …
Technology stocks led global markets lower Thursday, with the Nasdaq futures down 0.8% as chip and memory companies like Western Digital and SanDisk fell over 7%, amid investor concerns that AI-driven…
Taiwan Semiconductor Manufacturing Co. (TSMC) raised its 2026 capital expenditure forecast to $60 billion-$64 billion and boosted its 2025 revenue growth projection to slightly more than 40%, citing s…
Robinhood executives Stephanie Guild and Steve Quirk, along with Yahoo Finance Executive Editor Brian Sozzi, explain that investors are ignoring losses at SpaceX and OpenAI due to powerful visions of …
A Meta Oversight Board study released Thursday found that major AI systems, including those built in the U.S., are more likely to refuse to criticize restrictive leaders or governments, raising concer…
TSMC, the world's main producer of advanced AI chips and a major Nvidia supplier, pledged on Thursday to invest an additional $100 billion in Arizona, boosting its total planned U.S. investment to $26…
Robinhood executives Stephanie Guild and Steve Quirk told Yahoo Finance that an unprecedented wave of AI and SpaceX IPOs is coming, warned that the 'Magnificent Seven' market concentration poses risks…
ASML Holding NV plans to raise prices for its chipmaking equipment, potentially clashing with top customer Taiwan Semiconductor Manufacturing Co., according to a report by the Information. TSMC is alr…
Japan plans to buy 27,500 next-generation Rubin chips from Nvidia Corp. to build a homegrown foundational AI model for robots, overseen by newly established Noetra Corp. with ¥387.3 billion ($2.4 bill…
Asian shares mostly declined Thursday, with South Korea's Kospi plunging 6.6% after the Bank of Korea raised interest rates for the first time since 2023 to curb inflation from the Iran war, while sel…