Tag: demand
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Nebius beats quarterly revenue estimates as AI demand fuels growth
Aug 12 : Nebius Group surpassed second-quarter revenue estimates on Wednesday as booming demand for AI infrastructure and cloud services helped the company win larger contracts and raise prices for computing capacity, sending its shares up 12 per cent in premarket trading.The Amsterdam-based AI infrastructure
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GlobalFoundries tops second quarter estimates on AI chip demand
Aug 5 : GlobalFoundries reported second-quarter revenue above Wall Street estimates on Wednesday, as growing demand for its chips used in data centers boosted sales.• GlobalFoundries makes specialty chips for communications, data centers, automotive, industrial and consumer electronics companies.•
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Samsung Electronics launches next-generation AI memory technology
Aug 4 : Samsung Electronics introduced a new generation of artificial intelligence memory technology on Tuesday, seeking to reinforce its chipmaking lead in the booming AI market.The world’s largest memory chip manufacturer chose this year’s Future of Memory and Storage (FMS) conference in Santa Clara, Califo
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BOJ says global AI demand could have sticky inflationary effect
TOKYO, Aug 3 : Global AI-related demand may exert lasting upward pressure on Japan’s inflation, the Bank of Japan said on Monday, signalling its alarm over mounting inflation risks that could boost the case for a near-term interest rate hike.Artificial intelligence should boost productivity and put downward p
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Apple slides as supply snags cloud outlook, putting iPhone demand in focus
July 31 : Apple shares dropped 7.3 per cent before the bell on Friday as the tech giant warned that supply constraints would hurt growth, prompting investors to look beyond near-term shortages to gauge the hit from an expected iPhone price hike.The decline puts Apple on track to shed roughly $361.6 billion in
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Exosens to triple thermal-camera output as drone demand drives outlook higher
July 28 : French defence company Exosens said on Tuesday it would triple thermal-camera production capacity in 2026 to meet growing demand from drone and counter-drone systems, as the night-vision equipment maker lifted expectations for results towards the upper end of its full-year guidance.The company now e
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Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
July 23 : Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 10 per cent in after-hours trade, and boosted spending plans over the next two years as an AI data center buildout increases demand for its central processing units (CPUs). The company expects third-quarte
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European semiconductor stocks diverge as investors weigh AI demand, growth expectations
July 23 : European semiconductor stocks moved sharply on Thursday after earnings updates, with Soitec surging on strong photonics demand linked to artificial intelligence applications, while STMicroelectronics and BE Semiconductor Industries (Besi) fell as investors reacted to weaker near-term performance and elevat
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Besi orders more than double as AI and hybrid bonding tech drive demand
July 23 : BE Semiconductor Industries (Besi) on Thursday reported quarterly orders significantly above last year’s level, fuelled by strong demand for AI, hybrid bonding, photonics and data centres.Investors are betting on rising demand for Besi’s hybrid bonding solutions, a chip-packaging technology that ena
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Besi posts sharp rise in quarterly orders
July 23 : BE Semiconductor Industries (Besi) on Thursday reported a 128.8 per cent rise in its quarterly orders, driven by demand for AI, hybrid bonding, photonics and data centre applications.Investors are betting on rising demand for Besi’s hybrid bonding solutions, a chip-packaging technology that enables
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