HeyJaredAnhata Rooprai
- Indexed articles, last 90 days
- 6
- Latest publication
- Sep 30, 2026
- Outlet visibility, for Theglobeandmail
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- Jul 22, 2026
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Micron forecasts quarterly revenue, profit above estimates (opens the original)
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Micron Technology MU-Q forecast quarterly revenue above estimates on Wednesday, signalling it expects the AI-driven memory chip boom to continue powering its growth. Shares of the Boise, Idaho-based company rose over 1 per cent in extended trading. The stock has more than tripled so far this year. The generative AI boom has made high-bandwidth memory essential for data centres, benefiting companies such as Micron, a key supplier to Nvidia, whose pricey processors dominate advanced computing work
Qualcomm strikes AI chip deal with Amazon (opens the original)
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Qualcomm QCOM-Q said on Tuesday Amazon AMZN-T could buy up to US$60-billion of its AI data centre chips and related products under a long-term partnership, bolstering the chipmaker’s effort to become a major supplier of AI infrastructure. The deal highlights intertwined financing in the AI boom, with Qualcomm granting warrants worth about US$4-billion that vest with product purchases and allow the cloud giant to buy shares at US$161.26 a share, according to a regulatory filing. Shares of San Die
Intel raises $20-billion from upsized share offering as it funds chipmaking expansion (opens the original)
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Intel INTC-Q raised US$20-billion from an upsized share offering on Tuesday, as it looks to fund the costly build-out of its chip contract manufacturing business by cashing in on a stock surge fuelled by its turnaround efforts. Once a dominant force in the global chip industry, Intel is investing heavily in new facilities and advanced packaging capabilities as it seeks to challenge industry leaders such as TSMC in contract chip manufacturing. Intel priced the offering at US$95 per share, which w
AMD forecasts revenue above Wall Street estimates on strong demand for AI chips (opens the original)
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AMD forecast quarterly revenue above Wall Street estimates on Tuesday, banking on strong demand for its chips from massive data-centre capacity expansions to power AI technologies. Yet, its shares fell more than 7 per cent in extended trading, suggesting that investors were looking for an even stronger outlook after the stock more than doubled this year spurred on by AI optimism. “AMD is now in a similar position to Nvidia NVDA-Q and the hyperscalers, where investors are looking for evidence tha
Intel forecast crushes estimates as AI boom boosts chip demand; shares jump (opens the original)
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Intel INTC-Q forecast quarterly profit and revenue above estimates on Thursday, anticipating strong demand for its server central processing unit (CPU) chips as the artificial intelligence boom fuels a computing infrastructure buildout. Shares jumped 8 per cent in post market trading. The company expects third-quarter revenue between US$15.8-billion and US$16.8-billion, compared with analysts’ average estimate of US$15.10-billion, according to data compiled by LSEG. Adjusted profit is expected t
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