Broadcom more than tripled its AI semiconductor revenue and investors responded by selling the stock.The chipmaker reported $16.7 billion of AI revenue, up 221% from a year earlier and 54% sequentially. Total revenue rose 86% to $29.59 billion, while adjusted earnings nearly doubled to $3.32 a share. Yet Broadcom fell…
Hewlett Packard Enterprise raised its annual forecasts on Wednesday after delivering a stronger-than-expected July quarter, as accelerating demand for…
Chinese artificial intelligence start-up Moonshot AI has taken a major step towards the public markets, confidentially filing for a…
Micron Technology MU stock fell 3% on Tuesday as concerns over a potential strike by its Taiwan-based workforce added…
US-Iran tensions intensified as Washington launched fresh strikes against Iranian targets, raising concerns about renewed disruptions to oil flows…
US stocks fell on Tuesday as investors began September amid rising oil prices, higher global bond yields and renewed…
Samsung Electronics and SK Hynix shares fell about 3% Wednesday as a fresh macro shock hit the AI-memory trade.Samsung…
Rocket Lab stock (NASDAQ: RKLB) is under pressure, Neutron’s inaugural launch window is narrowing and NASA has handed a…
South Korean stocks sank on Wednesday as a renewed surge in oil prices and global bond yields hit the…