ASML Cuts 1,700 Jobs Despite Record AI-Driven Orders and Growth
ASML announces 1,700 job cuts to streamline operations while reporting record €13.2B Q4 bookings driven by AI chip demand. Sales expected to grow to €34-39B in 2026.
ASML announces 1,700 job cuts to streamline operations while reporting record €13.2B Q4 bookings driven by AI chip demand. Sales expected to grow to €34-39B in 2026.
Intel's 10-K filing reveals foundry struggles and server CPU challenges while AMD capitalizes on supply advantages through TSMC partnership, gaining significant data center market share.
Intel (INTC) forecasts weak Q1 revenue of $11.7-12.7B due to manufacturing yield issues and supply shortages, missing analyst expectations despite strong customer demand.
Intel shares surge toward a 52-week high as retail investors show interest and analysts weigh in ahead of tomorrow’s earnings report.
President Trump suggests Apple may have invested in Intel alongside the U.S. government's 10% stake, but details remain unclear without official confirmation from either company.
KeyBanc upgrades Intel to Overweight with a $60 target, citing strong data center demand, near sell-out of server CPUs, and possible price increases in 2026.