Mobile
These 5 infrastructure stocks have more than tripled this year on the AI trade
Wires and cables in a server room. Thomas Northcut | Digitalvision | Getty Images Nvidia has been the biggest infrastructure winner in the artificial intelligence boom, soaring in value by almost thirteenfold since the end of 2022 to a market cap of $4.6 trillion. While Nvidia’s rally continued in 2025, investors betting on other AI […]
Read More
U.S. pushes additional tariffs on Chinese chips to June 2027
A silicon wafer with chips etched into is seen as U.S. Vice President Kamala Harris tours a site where Applied Materials plans to build a research facility, in Sunnyvale, California, U.S., May 22, 2023. Pool | Reuters The U.S. will increase tariffs on Chinese semiconductor imports in June 2027, at a rate to be determined at […]
Read More
Former Trump advisor Dina Powell McCormick leaves Meta board after eight-month stint
Dina Powell McCormick, who was a member of President Donald Trump’s first administration, has resigned from Meta’s board of directors. Powell McCormick, who previously spent 16 years working at Goldman Sachs, notified Meta of her resignation on Friday, according to a filing with the SEC. The filing did not disclose why McCormick was stepping down from […]
Read More
Micron forecasts surging revenue as computer memory demand for AI remains high
The Micron Technology offices in San Jose, California, US, on Tuesday, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron Technology reported fiscal first-quarter results on Wednesday that beat Wall Street expectations for sales and earnings per share, and provided a strong forecast for the current quarter. Micron shares rose 5% in […]
Read More
Apple punted on AI this year. Next year will be critical
Tim Cook, CEO of Apple Inc., during the Apple Worldwide Developers Conference at Apple Park campus in Cupertino, California, on June 9, 2025. David Paul Morris | Bloomberg | Getty Images One of the biggest launches in Apple’s history is supposed to come next year, and it’s got nothing to do with hardware. The company […]
Read More
Instagram TV app coming to Amazon Fire streaming device
Instagram has installed a new privacy setting which will default all new and existing underage accounts to an automatic private mode. Brandon Bell | Getty Images Instagram users will now be able to watch Reels short-form videos on bigger screens. Meta said Tuesday that the company will begin testing its Instagram for TV app in […]
Read More
Broadcom tumbles 11% despite blockbuster earnings as ‘AI angst’ weighs on Oracle, Nvidia
Broadcom CEO Hock Tan. Lucas Jackson | Reuters Broadcom’s quarterly results and guidance sailed past Wall Street estimates. It didn’t matter. The chipmaker’s shares plummeted 11% on Friday, on pace for their worst day since January, as investors ran for the exits on the artificial intelligence trade. Oracle dropped 4% a day after plunging 10% […]
Read More
Broadcom reveals its mystery $10 billion customer is Anthropic
A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom revealed during a September earnings call that it had signed a customer that had placed a $10 billion order for custom chips. At […]
Read More
Broadcom reports fourth quarter earnings after the bell
A Broadcom sign is pictured as the company prepares to launch new optical chip tech to fend off Nvidia in San Jose, California, U.S., September 5, 2025. Brittany Hosea-small | Reuters Broadcom is scheduled to report its fourth-quarter earnings after market close on Thursday. Here’s what analysts are expecting, according to LSEG: Earnings per share: […]
Read More
From Llamas to Avocados: Meta’s shifting AI strategy is causing internal confusion
Meta CEO Mark Zuckerberg makes a keynote speech at the Meta Connect annual event at the company’s headquarters in Menlo Park, Calif., on Sept. 25, 2024. Manuel Orbegozo | Reuters Meta CEO Mark Zuckerberg was so optimistic last year about his company’s Llama family of artificial intelligence models that he predicted they would become the […]
Read More