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.
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 forecasts Q1 revenue above Wall Street expectations, signaling recovery in analog chip demand after market downturn.
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 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.
Deutsche Bank upgrades CoreWeave to Buy, sets a $140 price target, and highlights strong growth potential through 2026.