AMD forecasts Q4 revenue above estimates as AI data center sales nearly double to $8.55B
AMD's blowout quarter and upbeat guidance eased investor fears that AI infrastructure spending is peaking.
The Tech Buzz · +15 outlets
Democrats' midterm sweep clouds AI data center outlook, sending chip and infrastructure stocks lower
Victories by candidates who campaigned against data center construction raise questions about power, permitting and the pace of the AI buildout.
Quartz · +14 outlets
Big Tech rallies as investors bet Democratic sweep will slow AI capex growth
Markets interpreted the election result as a check on AI spending and regulation risk, lifting megacap tech shares.
BigGo Finance · +14 outlets
Arm raises AI chip revenue target to $2B as Q2 licensing surges 50% to a record $773M
Arm's forecast topped estimates, underscoring continued royalty and licensing momentum tied to AI chip designs.
BigGo Finance · +6 outlets
Tech giants' hidden AI debt swells 90% to $3.2 trillion in six months
Off-balance-sheet and bond financing for AI infrastructure is growing fast, raising questions about who ultimately funds the buildout.
Nikkei Asia · +4 outlets
AI PACs spent millions on the midterms with mixed results, and are already eyeing 2028
The AI industry's political spending failed to deliver uniformly, and groups are pivoting toward the next election cycle.
TechCrunch · +14 outlets
Microsoft climbs 7% to a 52-week high as investors reward slower AI spending
Microsoft's shares jumped after earnings and satellite imagery suggested its AI spending pace was being reassessed.
Seeking Alpha · +3 outlets
Apple is reportedly cutting budgets for internal AI usage
Apple is said to be significantly reducing AI spending for its engineering teams amid margin pressure from chip costs.
TechCrunch · +14 outlets
Google faces backlash over plan to disable Search for schools that restrict AI
Critics including politicians accused Google of acting as an unregulated monopoly by tying AI features to Search access for schools.
TechCrunch · +7 outlets
Google to spend $15 billion expanding data centers in Malaysia
The investment extends Google's cloud and AI infrastructure footprint in Southeast Asia.
Bloomberg.com · +14 outlets
Meta acquires AI coding startup Conductor
The deal adds agent-based software engineering tooling to Meta's AI lineup.
TechCrunch · +14 outlets
Qualcomm's smartphone chip sales miss estimates, shares fall
The miss highlights softness in the smartphone market even as AI demand boosts other chip segments.
WKZO · +8 outlets
OpenAI launches Grid Protectors program for flexible data center power use
The program aims to ease strain on power grids by making AI data center demand more flexible.
HPCwire · +13 outlets
Oracle scraps $7B AI chip leasing deal with Tencent amid US pressure
The canceled deal reflects tightening US restrictions on AI technology ties with Chinese firms.
TipRanks · +2 outlets
Brookfield plans a $27 billion AI data center at a UK power station
The project is one of the largest planned AI infrastructure investments in Europe.
CNBC · +11 outlets
OpenAI is already trying to shape the 2028 election with a proposed 'new social contract'
OpenAI's policy chief wants AI to define the 2028 race in ways that also advance the company's business interests.
TechCrunch · +14 outlets
GlobalFoundries says AI chip demand is 'skyrocketing,' capacity booked through 2027
The foundry's comments suggest sustained demand for mature-node AI-related chips.
TradingView · +1 outlets
Intel bets about $6 billion on substrates as AI chip supply-chain bottleneck widens
The investment aims to ease advanced packaging constraints that have limited AI chip output.
BigGo Finance · +1 outlets