Tag: quarterly earnings
CXMT Reports Nearly 18-Fold Increase in Quarterly Profit Driven by Soaring Memory Demand
CXMT’s quarterly profit surged 1688% amid strong memory demand fueled by AI growth, with revenue hitting $7.45 billion.
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Intel Shares Surge 14% Amid Reports of Potential Apple Partnership
Intel stock climbed sharply by 14% following reports of a prospective deal with Apple, marking a remarkable month for the chipmaker.
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Apple Allocates Over 10% of Revenue to R&D, Highest in Three Decades
Apple has increased its research and development spending to 10.3% of revenue, marking the highest proportion in 30 years.
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Apple Posts Record $111 Billion Quarterly Revenue Driven by Strong iPhone 17 and MacBook Neo Demand
Apple’s Q2 2026 revenue reached a record $111 billion, fueled by robust sales of iPhone 17 and MacBook Neo, surpassing Wall Street expectations.
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Western Digital Reports 45% Revenue Surge Amid AI Infrastructure Boom
Western Digital’s revenue climbed 45% to $3.34 billion, driven by strong demand for storage amid expanding AI computing infrastructure.
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Intel Shares Surge Nearly 24%, Boosting Market Value of Nvidia to $5 Trillion
Intel’s stock price jumped almost 24%, hitting levels not seen since the dot-com era and lifting Nvidia’s market value to $5 trillion.
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TSMC Reports 35% Revenue Growth in Q1 Amid Rising AI Chip Demand
TSMC’s Q1 revenue surged 35% to $35.6 billion, underlining strong demand for semiconductors driven by the ongoing AI industry expansion.
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Micron Technology Shares Plummet 30% Since Mid-March Amid Quarterly Results
Micron Technology’s stock has dropped 30% since mid-March, following a 10% decline in early trading this week after fiscal quarter results.
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Microsoft’s Massive AI Investment Triggers Investor Concerns and Stock Drop
Microsoft’s plan to invest $146 billion in AI has unsettled investors, leading to a 25% drop in its stock amid fears of poor quarterly performance.
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Micron Plans Major Capital Investment to Address Memory Chip Shortage Amid Strong Q2 Revenues
Micron reported nearly triple revenue in Q2 2026 but revealed plans to significantly boost capital spending to tackle ongoing memory shortages.
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Top 10 Global Chipmakers Hit Record $169.5 Billion Revenue in 2025 Amid Strong AI Demand
The world’s leading semiconductor manufacturers saw a 26.3% revenue surge in 2025, driven by tight AI accelerator supply and strong advanced process demand.
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Nvidia Reports 73% Revenue Surge Driven by Server Segment Growth
Nvidia’s quarterly revenue jumps 73% to a record $68.1 billion, with significant gains tied to its expanding server business.
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