HPE Misses 2026 Guidance Amid AI Infrastructure Shift
Hewlett Packard Enterprise announces weaker-than-expected guidance for 2026 as it shifts focus to AI infrastructure, despite increasing dividends and buyback programs.
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Nvidia Gets Major Upgrade as AI Chip Superiority Continues
Nvidia stock rises 2.2% in premarket trading as analysts remain bullish on AI chip demand. HSBC upgrades to Buy with $320 target, citing strong earnings potential through 2027.
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.
AI Demand Fuels ASML Orders, Compensating for Expected Plunge in China Revenue
ASML Holding posted stronger-than-expected orders, fueled by the booming AI sector. While current quarter forecasts exceed consensus, the chip equipment giant predicts a significant decline in sales to China in 2026, leading to cautious long-term sales guidance.
Alibaba Cloud Slashes Prices Up to 10% in Key Global Markets to Fuel International Growth
Alibaba Cloud cuts prices by up to 10.2% in Frankfurt, Tokyo, and Dubai as it expands globally with new data centers in Brazil, France, and the Netherlands to compete with AWS, Microsoft, and Google.
Walmart Partners with ChatGPT: Shop Directly Through AI Chat
Walmart teams up with OpenAI to enable direct shopping through ChatGPT. Buy Walmart and Sam's Club products with a simple "buy" button starting fall 2025.