05 May 2026
AMD tops estimates for first quarter as data center revenue jumps 57%
Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company's revenue forecast also exceeded estimates as demand soars for chips to power artificial intelligence workloads.
29 Apr 2026
Microsoft's earnings report lands after stock's worst quarterly performance since 2008
Microsoft shares slipped 1% on Wednesday after the software maker reported more robust fiscal third-quarter results than analysts had expected. Earnings per share: $4.27 adjusted vs. $4.06 expected. Revenue: $82.89 billion vs. $81.39 billion expected. Microsoft's revenue grew 18% year over year in the quarter, ending March 31.
29 Apr 2026
OpenAI’s subtle drift from Microsoft has become an aggressive move toward Amazon
OpenAI’s revenue chief Denise Dresser clarified that the company’s agreement to make its models available on Amazon Web Services (AWS) was unrelated to its restructuring of its relationship with Microsoft. Since late October, OpenAI has been expanding its partnerships with AWS, committing $38 billion and later $50 billion in investments, while Microsoft’s exclusive cloud provider role with OpenAI…
28 Apr 2026
Tech's hyperscalers face Wall Street for first time since U.S. Iran war sent oil prices soaring
The last time tech's hyperscalers addressed Wall Street, three months ago, they announced plans to collectively spend well over half a trillion dollars this year to build out their artificial intelligence infrastructure. That was before the U.S. invasion of Iran caused oil prices to spike and led to a dramatic slowdown in helium production, crucial for semiconductor manufacturing. Meanwhile, the…
27 Apr 2026
Micron and Sandisk continue rally as demand for memory expected to persist
The Micron Memory Japan K.K. booth at the Semicon Japan exhibition in Tokyo, Japan, on Thursday, Dec. 18, 2025. Shares of memory companies Micron and Sandisk jumped on Monday, continuing their extended runs, after Melius Research said demand could remain high through the end of the decade. Memory companies are experiencing major gains from a global shortage for microchips to power artificial…
