(Reuters) -Cadence Design Systems raised its annual revenue and profit forecasts on Monday, betting on resilient…
Tag: AI boom
Marvell Suffers Worst Drop Since 2001 on Disappointing Forecast
(Bloomberg) — Marvell Technology Inc. suffered the worst stock drop in more than two decades after…
Nvidia’s forecast, while upbeat, generates another selloff
(Reuters) – Nvidia’s upbeat quarterly forecast signaled that the AI boom is not over, but it…
Intel is on life support. Can anything save it?
Nowadays when “Intel” and “shrinking” are uttered in the same breath it is no longer a…
Amazon Set To Join Big Tech’s Spending Surge As AI Race Heats Up
Amazon’s total revenue is expected to have grown 10.6% to $148.56 billion, slowest rise in five…
Could AMD break Nvidia’s chokehold on chips?
On January 30th, in its quarterly earnings call, AMD announced that it expected to sell $3.5bn-worth…