Nvidia stock closes up 7.92% after Jensen Huang said the tech industry's surging capex for AI infrastructure is justified, appropriate, and sustainable
The tech industry's surging capital expenditures for AI infrastructure are justified, appropriate and sustainable, Nvidia CEO Jensen Huang said Friday on CNBC's “Halftime Report.”
AMD CEO Lisa Su says AMD's annual revenue growth will average more than 35% and AI data center revenue growth will average 80% over the next three to five years
Lineup confirms 2026 release for Zen 6, coming with expanded AI features Samantha Subin / CNBC : AMD stock soars 10% on strong growth projections as CEO Su calls AI spending ‘the right gamble’ Kara Gr...
Dell says it now expects 7% to 9% annual revenue growth, up from its prior forecast of 3% to 4%, citing demand for compute, storage, and networking to deploy AI
Annie Palmer / CNBC :
A look at India's $18.2B chipmaking push, with 10 projects across six states to cut import reliance, as experts question if talent and investment are enough
Priyanka Salve / CNBC :
OpenAI says it will hit 700M weekly active users for ChatGPT this week, up from 500M in March and up 4x YoY, and has 5M paying business users, up from June's 3M
MacKenzie Sigalos / CNBC :
ASML CEO Christophe Fouquet says cheaper AI “could mean more applications” and “more demand over time”, and “cost and energy” are the big issues to address
not less r/AMD_Stock : ASML expects new low-cost models like the one rolled out by China's DeepSeek to lead to more rather than less demand for AI chips, CEO Christophe Fouquet told CNBC Wednesday. r/...
Analysis: Microsoft's finance leases, mainly for data centers and set to start between FY 2025 and FY 2030, have risen by nearly $100B in two years to $108.4B
However, we need a more sustainable approach … Kenneth Chan : • Microsoft's bet on AI is driving massive investments in data center infrastructure, with over $100 billion in finance leases that have y...
Meta says WhatsApp now has more than 100M MAUs in the US and that more than 50% of WhatsApp users in the country have an iPhone; WhatsApp has 2B+ MAUs globally
Watch Out iMessage Sheena Vasani / The Verge : WhatsApp now has 100 million monthly users in the US GSMArena.com : WhatsApp reaches 100 million monthly users in the US Mahmoud Itani / Android Authorit...
China has been ASML's biggest market for four quarters in a row; China sales rose 21% YoY to €2.3B in Q2 2024 and accounted for 49% of ASML's Q1 and Q2 sales
here's why Nikita Prasad / Livemint : Tech-heavy Nasdaq hits two-week-low; Nvidia, ASML crash 4-8% from all-time high on tighter US trade curbs outlook DigiTimes : ASML performance surges amid TSMC in...
TSMC reports Q2 revenue down 10% YoY to ~$15.68B and net income down 23.3% YoY to ~$5.9B, the first quarterly decline since 2019, as all non-AI chip sales slump
And Those Of Others Larry Dignan / Constellation Research : TSMC's Q2: 6 takeaways to know CNBC : TSMC reports first profit drop in 4 years as electronics demand slump continues Andrew Jolly / HPCwire...