Tag: ai-driven demand
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Chip tool giant ASML nudges up outlook as AI-driven demand outruns supply
Oct 14 : ASML said on Wednesday that AI-driven demand for its chip-printing tools is so strong that it will not be able to fully meet customer demand in 2027 or 2028 and that it is looking at ways to expand capacity as it raised its full-year sales outlook.The world’s biggest supplier of chipmaking equipment
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Cloudflare shares jump after forecast raise on AI-driven demand
Aug 7 : Cloudflare shares rose before the bell on Friday after the cloud services firm raised its annual forecasts, betting that resilient AI-driven demand will sustain traffic across its network.Quarterly results of Cloudflare, whose shares were last up 16.2 per cent at $330.51, follow Amazon.com’s strongest
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Cloudflare raises annual outlook above market estimates on AI-driven demand
Aug 6 : Cloudflare raised its full-year revenue forecast above Wall Street expectations after strong quarterly results, betting that the rapid rise of AI agents will keep driving traffic across its network, sending its shares up 18 per cent after the bell.The race to build and scale AI agents has led more bus
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Sandisk forecasts upbeat quarterly revenue on AI-driven demand
Aug 5 : Sandisk forecast quarterly revenue above estimates on Wednesday, banking on rising demand for its memory chips used in AI data centers.Shares of the Milpitas, California-based company fell more than 3 per cent in extended trading, after rising more than five-fold this year alongside a broader rally in
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