Seagate Stock Surges on AI-Driven Data Storage Boom
Seagate Technology (STX) beats Q2 expectations and forecasts strong Q3 growth as AI demand drives data storage needs. Stock hits new highs with 35% YTD gains.
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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.
F5 Bounces Back Strong After Cybersecurity Breach, Raises 2026 Outlook
F5 (FFIV) exceeded expectations with 7% Q1 revenue growth and raised annual forecasts despite October security breach. Stock surged 14% after hours on strong results.
Texas Instruments Sees Brighter Days Ahead with Strong Q1 Forecast
Texas Instruments forecasts Q1 revenue above Wall Street expectations, signaling recovery in analog chip demand after market downturn.
D-Wave Quantum Scores Major Wins with $20M System Sale and Defense Partnership
D-Wave Quantum announces $20M system sale, defense partnership with Anduril and Davidson for missile defense, and $10M service deal—marking breakthrough after feeling sidelined by US government.
Meta Teams Up with Corning for $6B Fiber-Optic Deal to Boost AI Data Centers
Meta signs a multiyear $6 billion agreement with Corning to supply fiber-optic cables, expand U.S. AI data centers, and create skilled jobs in North Carolina.