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TSMC Forecasts $1.5 Trillion Global Chip Market, Citing AI Growth
TSMC raised its 2030 global semiconductor market forecast to $1.5 trillion. The updated projection represents a 50% increase from the company's previous $1...
🟢 VGT is trading 1.5% up today on Cisco's record revenue and raised AI infrastructure targets
VGT is trading 1.5% up today as Cisco Systems reported record fiscal Q3 revenue of $15.8 billion and raised its full-year AI infrastructure order target to $9...
Cisco Surges 18% on Record Earnings, Hikes AI Forecast to $9 Billion
Cisco Systems (CSCO) shares jumped nearly 18% in pre-market trading on May 14. The company reported record third-quarter revenue of $15.8 billion. This...
TSMC Hikes 2030 Chip Market Outlook to $1.5 Trillion, Citing AI Boom
Taiwan Semiconductor Manufacturing Company (TSMC) raised its 2030 global chip market forecast to $1.5 trillion. This projection represents a 50% increase over...
TSMC Hikes 2030 Chip Market Outlook to $1.5 Trillion on AI Growth
Taiwan Semiconductor Manufacturing Co. (TSMC) raised its 2030 global semiconductor market forecast to $1.5 trillion. This projection represents a 50% increase...
Nvidia Jumps, Fueled by CEO Presence at Trump-Xi China Summit
Nvidia and semiconductor stocks rallied on May 13, 2026, during a high-stakes summit between U.S. President Trump and Chinese President Xi Jinping in Beijing....
Alibaba Profits Evaporate, Hit by Aggressive AI and Cloud Spending
Alibaba Group reported a near-total collapse in fourth-quarter profitability. Adjusted net income fell to $12 million, representing a decline of nearly...
🟢 VGT is trading 1.5% up today as Nvidia CEO's Beijing trip sparks semiconductor rally
VGT is trading 1.5% up today as the technology sector outperforms amid a Nasdaq rally, driven by news of Nvidia CEO Jensen Huang joining President Trump in...
Nvidia CEO joins Trump in Beijing, sparking semiconductor rally
Nvidia CEO Jensen Huang accompanied President Trump to Beijing on Wednesday for meetings with President Xi Jinping. The visit fueled investor optimism for a...
NVIDIA Joins Trump China Delegation, Seeking $50 Billion H200 Deal
NVIDIA CEO Jensen Huang joined President Donald Trump’s diplomatic delegation to Beijing on May 13, 2026. This high-stakes summit with Chinese President Xi...
Nvidia Joins Trump China Delegation, Pushing for AI Chip Market Access
Nvidia CEO Jensen Huang joined President Donald Trump’s delegation for a high-stakes summit with Chinese President Xi Jinping. Trump confirmed the last-minute...
SAP launches autonomous enterprise vision with 200 agents, targeting full automation
SAP announced its pivot to a business AI company at the Sapphire 2026 conference. The initiative introduces an autonomous enterprise vision to automate...
SAP unveils Autonomous Enterprise with 200 AI agents, targeting full business automation
SAP announced its pivot to a business AI company at the Sapphire 2026 conference. The company unveiled its Autonomous Enterprise vision to automate end-to-end...
CoreWeave reports $99.4 billion backlog, despite $740 million quarterly loss
CoreWeave disclosed a $99.4 billion contracted revenue backlog as of March 31, 2026. The company reported Q1 2026 revenue of $2.078 billion. This revenue...
Samsung Faces May 21 Strike, Risking $20 Billion in Memory Chips
Samsung Electronics and its largest labor union ended government-mediated talks without an agreement on May 12, 2026. The union rejected a compromise from the...
Samsung Faces Strike Over AI Profits, Risking 4% of Global DRAM
Samsung Electronics and its largest labor union remain deadlocked after government-mediated negotiations failed on Tuesday. The union is demanding a larger...
TSMC Commits $20 Billion to Arizona, Accelerating US Chip Manufacturing
TSMC Arizona Corporation authorized a capital increase of up to $20 billion. The board adopted the resolution on May 12, 2026. This equity funding commitment...
🔴 VGT is trading 1.5% down today on hot CPI data and Samsung strike risks
VGT is trading 1.5% down today as hotter-than-expected April CPI data at 3.8% YoY dampens hopes for Federal Reserve rate cuts. • The tech-heavy Nasdaq is...
Samsung Braces for May 21 Strike, Risking $20 Billion AI Chip Output
Samsung Electronics and its labor union reached a standstill on May 12. A walkout is now scheduled for May 21. Experts warn the strike could cost Samsung as...
Samsung Races to Avert Strike, Risking $28B in AI Chip Profits
Samsung Electronics and its largest labor union conclude government-brokered talks on May 12. This final negotiation aims to prevent a major strike scheduled...