By Chavi Mehta and Stephen Nellis (Reuters) -Nvidia Corp on Wednesday forecast second-quarter revenue more than 50% above Wall Street…
Category: Technology
Chipmaker Analog Devices’ weak forecast sparks share selloff
(Reuters) -Analog Devices Inc said on Wednesday that a turbulent economy would weigh on its third-quarter results, sending the chipmaker’s…
EU court rejects Meta challenge to antitrust information requests
By Foo Yun Chee BRUSSELS (Reuters) – Meta Platforms suffered a setback on Wednesday as Europe’s second-top court ruled as…
Google-backed Anthropic raises $450 million in latest AI funding
By Krystal Hu and Jaiveer Shekhawat (Reuters) -Anthropic, an artificial intelligence startup competing with OpenAI in building AI foundation models,…
Apple inks multi-billion-dollar deal with Broadcom for U.S.-made chips
By Stephen Nellis (Reuters) -Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc to…
TikTok sues Montana after state bans app
By David Shepardson WASHINGTON (Reuters) -TikTok Inc on Monday filed a lawsuit challenging the state of Montana’s new ban on…
Applied Materials forecasts third-quarter revenue above estimates
By Tiyashi Datta and Stephen Nellis (Reuters) – Semiconductor manufacturing tools maker Applied Materials Inc forecast third-quarter revenue above market…
OpenAI chief concerned about AI being used to compromise elections
By Diane Bartz, Zeba Siddiqui and Jeffrey Dastin WASHINGTON (Reuters) -The CEO of OpenAI, the startup behind ChatGPT, told a…
Apple’s results send shares surging to nine-month high
By Noel Randewich (Reuters) – Apple’s stock surged nearly almost 5% on Friday, hitting a nine-month high and on track…
Netflix reports mixed earnings as password crackdown set to expand
By Dawn Chmielewski and Lisa Richwine (Reuters) – Netflix Inc beat Wall Street earnings estimates for the first quarter but…