Tag: Mobile
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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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Nvidia’s Huang calls black market data centers made of smuggled parts a ‘dead end’
Washington regulators and the Trump administration are increasingly wary of China getting ahold of advanced AI software and hardware.
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Meta announces new smart glasses starting at $299, as Zuckerberg keeps pushing wearables
Meta executives have said they see the lightweight smart glasses as a step towards a more advanced device that includes screens in the lenses.
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Czech government plans to ban mobile phones in schools from 2027
PRAGUE, June 22 : The Czech government has submitted a bill to ban the use of mobile telephones in schools starting from September 2027, Prime Minister Andrej Babis said on Monday, joining a growing global push to limit screen time for children in the classroom.The ban would apply to phones’ use in classrooms
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Memory crisis hits such extremes that ‘even Apple can’t be safe’
Apple appears poised to take the rare step of increasing prices to deal with what CEO Tim Cook called an “unsustainable” memory shortage.
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