Wells Fargo Defends AMD as MI450 Delay Fears Weigh on Shares
Wells Fargo says AMD’s MI450 AI chips are not delayed, urges investors to buy the dip, and keeps a $345 price target.
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Nvidia and Apple Diversify Chip Production with Intel Partnership
Nvidia and Apple plan to shift some chip production to Intel by 2028, reducing reliance on TSMC while maintaining core manufacturing partnerships.
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.
Intel's Supply Crunch Opens Door for AMD's Server CPU Dominance
Intel's 10-K filing reveals foundry struggles and server CPU challenges while AMD capitalizes on supply advantages through TSMC partnership, gaining significant data center market share.
China Greenlights Nvidia H200 AI Chip Orders as Tech Giants Prepare Major Purchases
Chinese regulators grant approval for Alibaba, Tencent, and ByteDance to order Nvidia H200 AI chips, potentially unlocking $30 billion in revenue amid US-China trade tensions.
TSMC's $56 Billion Bet: Chip Giant Goes All-In on AI Future
TSMC announces massive $56B spending plan for 2026, signaling confidence in AI boom. Strong earnings and expansion plans boost tech sector optimism.