AI boom in data centers has Big Tech outspending Big Oil on capex
The race for new and upgraded data centers to handle the artificial-intelligence boom has the world’s top technology titans far ...
Read moreTag: Corporate Strategy/Planning
Paramount posts surprise adjusted profit, as higher streaming prices boost revenue
Shares of Paramount Global Inc. were up after hours on Wednesday after the media and entertainment giant reported a surprise ...
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Intel’s stock sheds a bear as a key catalyst awaits
Intel Corp.’s bear camp got a little smaller Friday as a BofA Securities analyst ended his negative call on the ...
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Apple reportedly plans major expansion of iPhone production in India
Apple Inc. is planning a massive expansion of iPhone manufacturing in India, according to multiple reports Thursday. The Wall Street ...
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Opinion: OpenAI saga shakes up the Big Tech AI battle
It might be easy to conclude from the past four days of Silicon Valley’s ongoing soap opera at OpenAI that ...
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Opinion: By buying Splunk, Cisco is closer to becoming a software company
With Cisco Systems Inc.’s pending acquisition of Splunk Inc., the networking giant is making another major step toward becoming a ...
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TSMC plans to invest up to $100 million in Arm IPO
Taiwan Semiconductor Manufacturing Co. plans to invest up to US$100 million in Arm Holdings’ initial public offering. TSMC 2330, TSM, ...
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U.S. Steel rejects $7.3 billion bid from Cleveland-Cliffs as it seeks ‘strategic alternatives’
U.S. Steel has rejected an unsolicited, $7.3 billion takeover bid from Cleveland-Cliffs Inc. that would have reshaped America’s steel industry. ...
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Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced
Alibaba Says Chairman and CEO Daniel Zhang Will Be Replaced
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AMD, Nvidia face ‘tight’ budgets from cloud-service providers even as AI grows
With Advanced Micro Devices Inc. making its big push into the AI data-center market at its event in San Francisco ...
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