
AMD Targets Over 35% Annual Growth Driven by Data Center and AI Expansion
Nov 12, 2025 01:31 am UTC| Technology Business
Advanced Micro Devices (NASDAQ: AMD) saw its stock climb 3.5% in after-hours trading on Tuesday after unveiling bold long-term growth targets during its Financial Analyst Day. The announcement followed a 2.6% decline...

SoftBank’s AI Investment Strategy Faces Big Rewards—and Bigger Risks Amid Soaring Valuations
Nov 11, 2025 00:49 am UTC| Business Technology
SoftBank Groups upcoming second-quarter earnings report arrives as the company rides a wave of artificial intelligence (AI) investment that has driven its share price to record highs. However, analysts warn that the tech...

OpenAI Hires Intel’s AI Chief Sachin Katti to Strengthen AGI Compute Infrastructure
Nov 11, 2025 00:43 am UTC| Technology Business
OpenAI has hired Intels Chief Technology and Artificial Intelligence Officer, Sachin Katti, to lead its compute infrastructure division. Katti announced his departure from Intel in a post on X (formerly Twitter),...

CoreWeave Lowers 2025 Revenue Forecast Amid Data Center Delay Despite Strong AI Cloud Demand
Nov 11, 2025 00:41 am UTC| Business Technology
Nvidia-backed CoreWeave has revised its annual revenue outlook downward, citing delays from a third-party data center partner. Despite posting a robust third-quarter performance, the companys shares slipped more than 6% in...

Intel Appoints CEO Lip-Bu Tan to Lead AI Strategy After CTO Sachin Katti Joins OpenAI
Nov 11, 2025 00:25 am UTC| Business Technology
Intel announced that CEO Lip-Bu Tan will now oversee the companys artificial intelligence initiatives following the departure of its Chief Technology Officer, Sachin Katti, who has joined OpenAI. Katti, who had led Intels...

Nov 10, 2025 07:01 am UTC| Business Technology
Rumble Inc. (NASDAQ: RUM) announced plans to acquire German data center operator Northern Data AG (F: NB2) in an all-stock deal valued at approximately $767 million. The acquisition aims to expand Rumbles infrastructure...

TSMC Revenue Surges in October Amid Soaring Global AI Chip Demand
Nov 10, 2025 06:57 am UTC| Technology Business
Taiwan Semiconductor Manufacturing Co. (NYSE:TSM), the worlds largest contract chipmaker, reported impressive revenue growth in October, underscoring the booming global demand for artificial intelligence (AI) chips. The...