Apple reported its best-ever fiscal year for revenue and earnings per share, with September-quarter iPhone revenue up 17.5% to $57.6 billion and Mac revenue up 24% to $10.8 billion, a four-year high. CFO Kevan Parekh said AI offers 'a wide range of ways' to drive revenue, including device upgrades, third-party app fees, and paid access to Apple's own AI features. Shares fell in premarket trading after Apple warned rising memory costs would squeeze holiday-quarter margins.
theverge.com
· 2026-11-03
Intel is shifting manufacturing capacity away from consumer PC chips toward data center CPUs, citing surging AI-driven demand. The company is expanding Fab 24 in Ireland to produce more Xeon processors, has started equipment installation at Fab 62 in Arizona ahead of schedule for 18A chips, and is growing advanced packaging capacity in New Mexico and Malaysia. CEO Lip-Bu Tan said Intel's Data Center and AI unit posted $7.3 billion in Q3 2026 revenue, up 17% sequentially and nearly 80% year-over-year.
tomshardware.com
· 2026-10-31
Nikkei Asia reports that PC and PCB industry executives are warning of severe printed circuit board shortages, with some PCB orders now taking up to 30 months to fulfill and new orders not completed until late 2028. A Taiwanese PC maker told Nikkei that costs for copper clad laminates, a key PCB material, have risen at least 12-fold since July, while one major CCL supplier said its order book is already full.
tomshardware.com
· 2026-10-29
Investors are awaiting the Federal Reserve's 2pm ET rate decision, which officials are widely expected to keep unchanged, alongside a fresh batch of major technology company earnings reports. Policymakers have pointed to AI-driven demand alongside energy costs as factors pushing inflation higher. Futures were little changed ahead of the announcement and earnings releases.
cnbc.com
· 2026-10-28
IDC reports smartphone shipments dropped 22% in the September quarter, the steepest decline the research firm has tracked, as manufacturers raised prices and cut cheaper models. IDC attributes the surge to memory chip prices rising roughly 350% over the past year amid heavy demand from AI companies.
fastcompany.com
· 2026-10-16
Accenture reported fourth-quarter profit of $1.99 billion, or $3.29 per share, up from $1.41 billion, or $2.25 per share, a year earlier. The consulting firm's stock rose following the results, which the company attributed partly to growing client demand for artificial intelligence services.
wsj.com
· 2026-10-01
Micron reported that its DRAM revenue climbed 343% compared with the same period last year, driven by rising memory prices and strong demand. The company is the only U.S.-based manufacturer of high-bandwidth memory, a chip type increasingly used in AI systems.
gizmodo.com
· 2026-10-01
Analyst Kurnal Insights calculated that at current AI-driven memory prices, the revenue value of DRAM per square millimeter of silicon now surpasses the nominal wafer processing cost of TSMC's advanced N2 and N3 logic nodes. Using an assumed DRAM price of $1.50 per gigabit, the newest 1b DRAM generation works out to about $0.654 per mm², compared to roughly $0.424 per mm² for an N3 wafer.
tomshardware.com
· 2026-09-22
TSMC executive Cliff Hou revealed that the chipmaker's projected need for semiconductor manufacturing tools rose from a baseline estimate late last year to 1.5 times that figure by Q1 and 1.9 times by July, driven by new fabs in Taiwan and the U.S. plus upgrades to existing plants. Despite the near-doubling in equipment requirements, TSMC's 2026 capital expenditure guidance has only risen from an initial $52-56 billion range toward roughly $64 billion, a far smaller percentage increase.
tomshardware.com
· 2026-09-03
Nvidia and Salesforce both posted stronger-than-expected quarterly profits, citing robust demand tied to artificial intelligence spending. The upbeat results pushed technology shares higher and helped drive broader gains across Wall Street on Thursday, with Nvidia contributing the biggest boost to the market.
fastcompany.com
· 2026-08-27
Nvidia CFO Colette Kress said on August 26, 2026 that the company expects 70% revenue growth in fiscal 2028, which would translate to roughly $673 billion in annual sales based on current fiscal 2027 consensus estimates. That figure would put Nvidia ahead of Apple and Alphabet, trailing only Amazon among major US tech firms. The outlook follows a fiscal 2027 second-quarter report showing $96.2 billion in revenue and 117% growth in data-center sales to $89 billion.
forgeeks.net
· 2026-08-27
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