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.
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Richtech Robotics Surges on Microsoft AI Partnership
Richtech Robotics stock jumps 38% after announcing collaboration with Microsoft AI Co-Innovation Labs to enhance ADAM robot with advanced AI capabilities for retail automation.
Microsoft Launches New Maia 200 AI Chips, Easing Nvidia Reliance
Microsoft unveils its second-gen Maia 200 AI chips to power GPT-5.2 and Copilot, benefiting partners Marvell and Arista Networks.
Microsoft Earnings Preview: Wall Street Optimistic Despite Price Target Cuts
Wall Street analysts remain bullish on Microsoft ahead of earnings but trim price targets amid software sector selloff. Azure growth and AI adoption remain key focus areas.
Arista Networks Soars as Traders Buy Calls
Arista Networks jumps 8% on heavy call option buying, fueled by AI data center growth and bullish analyst outlooks.
Meta Faces the Biggest Hit From Rising Data Center Energy Costs
Meta faces growing pressure as tech giants are asked to cover their own data center energy costs, making AI investments more expensive and risky for investors.