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Apple’s slipping Apple iphone gross sales do not trouble Wall Avenue so lengthy as margins, buybacks are expanding
Technology

Apple’s slipping Apple iphone gross sales do not trouble Wall Avenue so lengthy as margins, buybacks are expanding

A 10% decline in Apple iphone gross sales sounds like a difficulty for Apple, thinking of the company counts on the products for 50 % its earnings. But buyers did not feel to head on Thursday, when Apple unveiled the yr-around-12 months drop in its fiscal next-quarter earnings report. The stock rose far more than […]

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Qualcomm presents superior-than-envisioned earnings forecast as business pushes AI-driven smartphones
Technology

Qualcomm presents superior-than-envisioned earnings forecast as business pushes AI-driven smartphones

Qualcomm CEO Cristiano Amon responds to a question all through a keynote conversation at CES 2024, an annual shopper electronics trade display, in Las Vegas, Nevada, on Jan. 10, 2024. Steve Marcus | Reuters Qualcomm described 2nd-quarter earnings on Wednesday that surpassed Wall Road expectations, and furnished a potent tutorial for the existing quarter. Shares […]

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AMD claims it will provide  billion in AI chips this calendar year, but inventory drops
Technology

AMD claims it will provide $4 billion in AI chips this calendar year, but inventory drops

Lisa Su, president and CEO of AMD, talks about the AMD EPYC processor for the duration of a keynote deal with at the 2019 CES in Las Vegas, Nevada, U.S., January 9, 2019.  Steve Marcus | Reuters AMD reported initial-quarter earnings and revenue on Tuesday that were being a little bit ahead of Wall Road […]

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Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant
Technology

Intel used to dominate the U.S. chip industry. Now it’s struggling to stay relevant

Intel CEO Pat Gelsinger speaks while showing silicon wafers during an event called AI Everywhere in New York, Thursday, Dec. 14, 2023. Seth Wenig | AP Intel’s long-awaited turnaround looks farther away than ever after the company reported dismal first-quarter earnings. Investors pushed the stock down 10% on Friday to their lowest level of the […]

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Intel shares slide following offering weak forecast for the latest quarter
World

Intel shares slide following offering weak forecast for the latest quarter

Intel CEO Pat Gelsinger, keeping an Intel chip, speaks for the duration of the 54th Yearly Assembly of The Semafor 2024 Globe Economic system Summit in Washington, DC, on April 17, 2024. Mandel Ngan | AFP | Getty Images Intel noted initially-quarter earnings on Thursday that beat Wall Avenue anticipations for earnings for every share, […]

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Apple sends invitations to May possibly 7 start function, new iPads anticipated
Technology

Apple sends invitations to May possibly 7 start function, new iPads anticipated

Apple CEO Tim Cook greets customers as he arrives for the release of the Vision Pro headset at the Apple Retailer in New York Metropolis on Feb. 2, 2024. Angela Weiss | AFP | Getty Images Apple will launch new items on May possibly 7 in a on the internet party, according to invites despatched […]

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Mark Zuckerberg claims Meta will give its digital truth OS to components corporations, making Apple iphone versus Android dynamic
World

Mark Zuckerberg claims Meta will give its digital truth OS to components corporations, making Apple iphone versus Android dynamic

Meta will partner with exterior hardware businesses, such as Lenovo, Microsoft and Asus, to construct virtual fact headsets making use of the company’s Meta Horizon functioning system, the company explained Monday. The move will make new hardware devices that run on the same working process and software as Meta’s recent to start with-bash digital actuality […]

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ASML earnings drag semiconductor stocks lessen
World

ASML earnings drag semiconductor stocks lessen

Workers at Carl Zeiss ZMT are observed exterior huge vacuum chambers exactly where optical methods for ASML’s new Higher NA EUV tool are analyzed. ASML Chip stocks fell on Wednesday after ASML, a essential developer of semiconductor producing tools, explained that bookings fell by 61% sequentially during the 1st quarter, a steeper fall than traders […]

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Apple shares just experienced their best working day due to the fact previous May well
Technology

Apple shares just experienced their best working day due to the fact previous May well

Apple CEO Tim Prepare dinner greets prospects as he arrives for the release of the Eyesight Pro headset at the Apple Shop in New York Metropolis on Feb. 2, 2024. Angela Weiss | AFP | Getty Photographs Apple shares climbed 4.3% on Thursday to a share price of $175.04. It is Apple’s very best working […]

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Intel unveils newest AI chip as Nvidia competitiveness heats up
Technology

Intel unveils newest AI chip as Nvidia competitiveness heats up

Pat Gelsinger, CEO Intel, speaking on CNBC’s Squawk Box at the WEF Once-a-year Assembly in Davos, Switzerland on Jan. 16th, 2024. Adam Galici | CNBC Intel on Tuesday unveiled its most current artificial intelligence chip, known as Gaudi 3, as chipmakers hurry to create semiconductors that can train and deploy large AI styles, these types of […]

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