Tag: Mobile
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Meet SK Hynix, the trillion-dollar South Korean chipmaker debuting on U.S. markets
Following a more than sevenfold rally in its stock price over the past year, South Korea’s SK Hynix is listing on the Nasdaq.
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Meta is building its first big Canadian data center as AI expansion crosses the border
Meta is building its first big Canadian data center as AI expansion crosses the border.
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Meta enters AI image model race in bid to court advertisers and subscribers
Meta has announced Muse Image, its first AI model for image creation, as it seeks to attract creators and advertisers to its offerings.
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Meta’s push into cloud computing means Wall Street has to prepare for lower margins
Meta appears poised to enter the cloud computing market in an effort to monetize its massive AI infrastructure.
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Chip stocks that notched record rallies in second quarter start Q3 with a dud
Memory maker Micron, which jumped over 240% in the second quarter, dropped 11% on Wednesday, wiping out nearly $200 billion of market capitalization.
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Record chip rally adds $2 trillion in combined value to Micron, Intel and AMD in second quarter
Wall Street poured into chipmakers not named Nvidia in the second quarter, as the artificial intelligence boom expanded to include more suppliers.
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The memory shortage shaking Apple and Microsoft is ‘existential crisis’ for smaller players
While Apple and Microsoft raise prices on key devices to help cover the soaring costs of memory, smaller consumer electronics companies are in dire straits.
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Musk’s SpaceX targets US consumers with Starlink mobile service push, FT reports
June 26 : SpaceX has told investors it plans to launch a Starlink mobile service for U.S. consumers, the Financial Times reported on Friday, in a move that could allow the Elon Musk-led company to compete directly with Verizon, AT&T and T-Mobile. Here are some details:• SpaceX already offers direct
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Micron stock jumps 16% as soaring prices from memory crunch lead to quadrupling of revenue
Micron’s quarterly earnings report follows a 700% surge in the memory maker’s stock price over the past year.
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Qualcomm announces AI data center CPU, signs Meta as first major customer
Qualcomm’s primary business has been smartphones, which accounted for two-thirds of the company’s product revenue in it’s most recent quarter.
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