Toshiba plans to double AI hard-drive output, knocking Seagate and Western Digital lower
Toshiba plans to double AI hard-drive capacity with a $380 million Philippines plant. Seagate and Western Digital shares fell on competition fears.
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Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
Micron Shares Drop as China’s CXMT Plans Second Beijing Chip Plant
China’s CXMT is considering a new memory-chip factory in Beijing using IPO funds, putting pressure on Micron and SK Hynix as it aims to double production capacity.
Seagate Reports Blowout Results Powered by AI Storage Needs
AI demand lifts Seagate: Q4 revenue $3.63B, EPS $5.71. Company guides higher for next quarter as cloud providers expand.
Micron to Invest $250 Billion in U.S. by 2035, Targeting 40% Domestic DRAM Production
The company poured the first concrete at its Clay, New York site, marking the start of the largest semiconductor project in U.S. history.
Samsung’s 19-Fold Profit Surge Fueled by AI Chips, But Shares Plunge on Boom Worries
Investors fear the AI rally may be peaking.