Western Digital Sells $3B Sandisk Stake at Discount to Cut Debt
Western Digital is selling about $3.1 billion worth of Sandisk shares at a discount to reduce debt before a tax deadline.
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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.
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.
SanDisk to Double Enterprise SSD Prices Amid AI-Driven Demand Surge
SanDisk plans to double prices for high-capacity 3D NAND memory in Q1 2026 as AI infrastructure drives unprecedented demand for enterprise storage solutions.
Micron Crushes Expectations with Record AI-Driven Quarter
Micron Technology delivers stunning Q1 results and forecasts Q2 revenue of $18.7B, far exceeding $14.2B estimates, driven by booming AI chip demand and supply shortages.
Microsoft Cuts AI Sales Targets After Teams Miss Goals
MSFT stock slid over 2% after a report claimed sales teams missed growth goals for Azure Foundry, an AI platform. Microsoft refuted the claim, denying lowered quotas.