Big tech, chips, software, cloud, AI platforms, devices, and the companies shaping the digital economy.
Meta’s strong ad quarter is funding a steep jump in AI infrastructure spending, while Nvidia’s position at the center of AI compute shows up in record data-center revenue and continued expansion with major customers.
THE APEX TIMES
THE APEX TIMES
The chip-and-software company reported record Q2 results led by AI semiconductor revenue, but shares slid after the quarter’s earnings-per-share landed slightly below an informal Street target.
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In remarks during Broadcom’s fiscal second-quarter call, CEO Hock Tan said the company is “not seeing” signs that agentic AI will reduce enterprise spending on software. He linked the outlook to VMware’s role in running AI workloads at scale.
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Ulta Beauty is expanding delivery services amid intensifying competition in U.S. beauty retail, with Amazon viewed as the category’s largest player.
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After Meta tied recent workforce cuts to its AI infrastructure push, a key monetization step for its Muse Spark model, a developer API, has slipped again into June.
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Alphabet’s Google has agreed to pay SpaceX $920 million per month for access to roughly 110,000 NVIDIA GPUs and related compute capacity, according to an SEC filing tied to SpaceX’s IPO process.
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A shift toward “agentic” AI, which relies on CPUs to run inference, is giving Intel’s revived CPU strategy a possible tailwind as CEO Lip-Bu Tan tries to move the company from “intensive care” to stable growth.
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A Yahoo Finance opinion argues Broadcom’s move can still announcement broader stress in the AI buildout, but that the immediate market concern may be more straightforward than “AI coal mine” headlines suggest.
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A new U.S. executive order on artificial intelligence is prompting investors to ask which big tech and data firms will be treated as “trusted partners” as the government sets ground rules for the technology.
