Nvidia stock closes up 7.87% after Jensen Huang said the tech industry's surging capex for AI infrastructure is justified, appropriate, and sustainable
Kif Leswing /CNBC:
Broadcom reports Q4 revenue up 28% YoY to $18.02B, vs. $17.49B est., and forecasts Q1 revenue above est., as it expects AI chip sales to double YoY to $8.2B
Kif Leswing / CNBC :
Dell reports Q3 revenue up 11% YoY to $27.01B, vs. $27.13B est., Infrastructure Solutions revenue up 24% to $14.1B, and Client Solutions revenue up 3% to $12.5B
Kif Leswing / CNBC :
Micron reports Q4 revenue up 46% YoY to $11.32B, vs. $11.22B est., net income up 261% to $3.2B, data center revenue down 22%, and Q1 revenue forecast above est.
Kif Leswing / CNBC :
Microsoft plans to raise Xbox Series X price by $50 to $649.99 and Series S by $20 to $399.99 starting Oct. 3, citing “changes in the macroeconomic environment”
second price increase of 2025 comes as shifting tariffs continue to plague tech prices Vikki Blake / Eurogamer.net : U.S. Xbox fans hit with another hardware price hike just four months after the last...
Hands-on with iOS 26: Liquid Glass is impressive but can also be distracting, Camera redesign is solid, Call Filtering feature in the Phone app is great, more
follow these steps Taras Buria / Neowin : Apple releases iOS 26 public beta with tweaked ‘Liquid Glass’ Zachary McAuliffe / CNET : I Tried iOS 26 for a Month. These 3 Features Stand Out Most Philip Mi...
Dell reports Q1 revenue up 5% YoY to $23.38B, vs. $23.14B est., forecasts Q2 revenue above est., and raises its FY 2026 profit forecast on demand for AI systems
Kif Leswing / CNBC :
Trump says a 25%+ tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US
will other tech companies face the heat? Here's what the US President said The Economic Times : Trump threatens 25% tariff on iPhones not made in US, targets India production Scott Lemieux / Lawyers, ...
The US House opens a probe into whether Nvidia knowingly provided AI tech to DeepSeek in violation of US rules and asks Nvidia for details on its Asian clients
Demand Answers from Nvidia Over Chip Use Kif Leswing / CNBC : Nvidia says it follows export laws ‘to the letter’ a day after AI chip sales to China stopped Annika Masrani / TipRanks Financial : DeepSe...
France says the EU's second response to President Trump's tariffs will cover digital services, like those provided by Google, Amazon, Meta, Apple, and Microsoft
the tech giants Bloomberg : EU Begins US Tariff Talks While Accepting End of Old World Order Nellius Irene / Cryptopolitan : Trump's tariff policy wipes over $1 trillion from the magnificent 7's marke...