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TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations
Reuters76d agoneutral
TSMC Q2 revenue jumps 36% from a year earlier, beating market expectations

TSMC, the world's ‌largest contract chipmaker, ‌reported on Monday second-quarter ​revenue of 1.27 trillion Taiwan dollars ($39.63 billion), beating market ‌expectations and ⁠rising 36% from a year ⁠earlier on surging interest in artificial ​intelligence applications. An ​LSEG ​SmartEstimate, drawn ‌from 20 analysts, had expected revenue in the April-to-June quarter of 1.264 trillion Taiwan ‌dollars. Taiwan Semiconductor ​Manufacturing Co (TSMC) ​is ​a major ‌supplier to companies including ​Nvidia ​and Apple.

Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different
24/7 Wall St.76d agoneutral
Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different

On an early July episode of Mad Money, Jim Cramer walked through the Magnificent Seven one stock at a time and pushed back on treating them as a single basket. Cramer’s charitable trust owns six of the seven, save Tesla, and the point was that each name has its own thesis, growth curve, and risks. ... Jim Cramer Says Comparing the Mag 7 Is a Mistake: Here Are 5 Reasons Each Stock Is Different

Apple (AAPL) Sues OpenAI Over AI Hardware Trade Secrets
Simply Wall St.76d agoneutral
Apple (AAPL) Sues OpenAI Over AI Hardware Trade Secrets

Apple (NasdaqGS:AAPL) has filed a federal lawsuit against OpenAI alleging theft of trade secrets tied to its AI hardware work. The complaint centers on claims that former Apple employees took confidential materials and shared them with OpenAI. The filing escalates a public feud involving senior tech leaders and highlights rising rivalry across AI hardware and software. Apple enters this legal fight while its stock trades at $315.32, with the company up 16.4% year to date and 49.9% over the...

Apple Inc. (AAPL) Is A Top Stock In D. E. Shaw’s Holdings
Insider Monkey77d agoneutral
Apple Inc. (AAPL) Is A Top Stock In D. E. Shaw’s Holdings

Apple Inc. (NASDAQ:AAPL) is one of the 10 Best Stocks to Buy in 2026 According to Billionaire D.E. Shaw. Consumer electronics giant Apple Inc. (NASDAQ:AAPL)’s shares are up by 48.9% over the past year and by 16,9% year-to-date. Evercore ISI discussed the firm on June 25th, as it kept a $365 share price target and […]

Intel’s Insiders
The Wall Street Journal77d agoneutral
Intel’s Insiders

Plus, a plan to protect Earth from solar storms, how to shop for iPhones this year, how AI advice is undermining eating-disorder therapy and more.

The New Villian in Tech
Motley Fool77d agoneutral
The New Villian in Tech

Rising chip prices, data centers, and subsequent price increases in consumer products have made Silicon Valley a villain in the age of AI.

Nvidia and Apple may solve AI investors’ biggest worry
TheStreet77d agoneutral
Nvidia and Apple may solve AI investors’ biggest worry

The artificial intelligence trade is not falling apart. Demand is growing. After a spectacular first-half advance in chip and memory stocks, investors are starting to distinguish companies that gain from AI investing from those that can develop without bearing the brunt of the spending. That's why ...

AI Is Consuming the World’s Memory Supply — Will Apple Pay the Price?
24/7 Wall St.78d agoneutral
AI Is Consuming the World’s Memory Supply — Will Apple Pay the Price?

Artificial intelligence has become the technology industry’s biggest customer, and that shift is changing far more than data centers. Every new AI server requires enormous amounts of high-bandwidth memory (HBM) and advanced DRAM, leaving chipmakers racing to expand production. Yet new factories take years to build, not months. The result is a supply squeeze that ... AI Is Consuming the World’s Memory Supply — Will Apple Pay the Price?