Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
In a Monday blog post, Meta said it has ramped up investment in its Hyperion data center project, a move that raises the estimated scale of its biggest AI infrastructure bet yet.
THE APEX TIMES
THE APEX TIMES
Some current and former employees claim Meta’s use of AI in the layoff process disproportionately affected people on “protected” medical leave and those with disabilities, according to a report by Yahoo Finance.
THE APEX TIMES
The downgrade, reported July 14, comes as Apple shares drift lower, underscoring how Wall Street is recalibrating expectations around the iPhone maker’s near-term trajectory.
THE APEX TIMES
A new Ireland project highlighted in a market report points to Intel’s push to scale semiconductor manufacturing tied to artificial intelligence compute demand, as the company pursues a broader turnaround.
THE APEX TIMES
A recent market report points to improving smartphone shipment momentum for Apple that runs counter to a broader downtrend in the industry, setting up investor focus on what the next earnings results will show.
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Analysts at Bank of America forecast Advanced Micro Devices will deliver a stronger-than-expected quarter, pointing to expanding demand for AMD’s EPYC processors and AI-focused accelerators used in data centers.
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Micron Technology’s stock rose after KeyBanc lifted its price target, arguing that the rush for artificial intelligence hardware is spilling beyond graphics processing units into memory components that are constrained and pricing is firming.
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The decline in Salesforce (CRM) appeared less about any new company-specific disclosure and more about broader software-sector sentiment after another well-known provider delivered a cautious tone.
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The streaming company says it will debut “Plastic Beauty” globally on September 17, releasing a teaser trailer and adding 23 new cast members to the project.
