Micron forecasts surging revenue as demand for computer memory for AI remains strong — this headline isn’t just a catchy phrase, but the essence of the company’s recent financial results and forward guidance. Micron noted that demand for memory like DRAM/HBM for data centers and AI workloads is so robust that its revenue expectations for … Read more
The initial enthusiasm for generative AI is now cooling down. Large investors and funds have rapidly stopped buying into companies whose valuations were inflated solely by the “AI narrative,” and when companies’ recent figures or spending estimates failed to meet expectations, a sharp sell-off ensued. This effect was seen in companies like CoreWeave and Oracle. … Read more
Intel is preparing for a major move these days, seeking investment from Apple to regain its lost foothold in the chip industry. It’s a big plan, and if this Intel Apple investment actually happens, it could create a stir in the tech world. But will this move truly restore Intel’s power? In this article, we’ll … Read more