Topic
AI Demand
5 stories related to this topic, newest first.
upi.comtechnology30 days ago
South Korea Exports Rose 52.6 Percent in Early May
South Korean exports increased 52.6 percent year-over-year in the first 20 days of May. The gain was led by semiconductor and computer shipments tied to AI demand.
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finance.yahoo.comfinance37 days ago
TD Cowen Raises NVIDIA Price Target to $275, Cites AI Demand Ahead of Earnings
TD Cowen increased its price target on NVIDIA to $275 from $235 while maintaining a Buy rating. The firm cited strong AI demand, hyperscaler spending and an expanding Blackwell and Rubin pipeline as reasons for its bullish stance. The move comes ahead of the company's upcoming ea…
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Substrate placeholder — needs reviewfinance52 days ago
Google, Microsoft and Amazon Report Stronger-Than-Expected First-Quarter Cloud Growth
Google, Microsoft and Amazon all exceeded analyst estimates for first-quarter cloud revenue, driven by surging demand for AI services. Google posted its fastest growth on record at 63%, while Amazon and Microsoft also showed robust expansions. The results highlight accelerating A…
techcentral.co.zatechnology58 days ago
Intel Shares Jump 23% After Earnings Report, Boosting Semiconductor Stocks
Intel's shares surged 23% following its latest earnings report, pushing the company's market value above $400 billion for the first time since 2000. The rally lifted other semiconductor stocks, including Advanced Micro Devices, amid rising options activity. The VanEck Semiconduct…
koreatimes.co.krtechnology60 days agoUpdated
SK Hynix Reports Record Q1 Profit Amid Surging AI Memory Demand
South Korean chipmaker SK Hynix achieved record first-quarter profit and revenue driven by strong demand for high-bandwidth memory chips used in AI applications. While earnings met estimates, revenue slightly missed forecasts. The company highlighted persistent AI infrastructure…