AMD Predicts 35% Annual Revenue Growth Driven by Soaring AI Chip Demand
AMD forecasts 35% annual revenue growth over 3-5 years, with AI data center sales jumping 80% annually as chip demand accelerates despite market concerns.
/ 38 items
#ORCL↓
Massive Divestment: SoftBank Raises $15 Billion Through Nvidia and T-Mobile Stake Sales
Japanese conglomerate SoftBank sold its entire stake in Nvidia for $5.83 billion. The company reported a $19 billion gain on its Vision Fund and continues its aggressive push into AI ventures.
Amazon AWS Secures Massive $38 Billion Deal to Supply OpenAI Compute Power
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.
Oracle Shares Surge After Revealing Strong AI Infrastructure Profit Margins
Oracle shares spike 4% after revealing 30-40% margins on AI infrastructure deals with OpenAI, Meta, and xAI. Company expects cloud revenue to hit $166B by 2030.
Astera Labs Joins Arm Total Design to Accelerate Custom AI Chip Development
Astera Labs partners with Arm Total Design to deliver chiplet connectivity for AI infrastructure using PCIe, CXL, and UALink amid recent stock volatility.
Brookfield Invests Up to $5 Billion to Deploy Bloom Energy's Advanced Fuel Cells for AI Infrastructure
Bloom Energy and Brookfield announce groundbreaking $5 billion partnership to build next-generation AI factories with advanced fuel cell technology, addressing massive power demands.