Technology

The stock had risen 6.21% during the regular session to close at $270.58, before falling 5.13% to $256.70 in extended trading. The tension was between a strong coreBusinessand an outlook that now carries the integration expenses, financing costs and modest early revenue of MaintainX, …

The two-day jump capped a five-session run that began the day after the San Jose-based connectivity chipmaker unveiled three new memory products on Sep 15. From the Sep 15 close of $252.54, the shares have gained roughly 44%. Market-mover commentary credited the Leo expansion, …

"Applied Materials delivered another record-breaking quarter, including the highest sequential revenue growth in the company's history," Chief Executive Gary Dickerson said in the release. Revenue grew about 15% from the prior quarter. Non-GAAPEarnings Per Sharerose 41% to a record $3.50, andGAAPEPS climbed 43% to …

The move did not come out of nowhere. AMD reached the valuation on the back of a sharp rise in data center revenue, which more than doubled in the second quarter, and on multi-year accelerator commitments from OpenAI and Oracle (NYSE:ORCL) that begin to …

The August 5 report was strong by most standards. Revenue grew 53% and adjusted EBITDA margins stayed above 80%. But revenue of $1.92 billion fell short of the roughly $1.95 billion analysts expected, and the midpoint of third-quarter guidance was also slightly below consensus. …

The main spark was not an Arm announcement. The chip rally was tied to the rapid uptake of Meta Platforms (NASDAQ:META)'s new Muse AI agent, which had been the most downloaded free iPhone app in the U.S. for three days. Investors bet that agentic …

For ASML shareholders, the push matters for three reasons. It removes a practical obstacle to wider use of High-NA EUV, ASML's most advanced and most expensive system. It shows that the world's largest contract chipmaker is aligning with Intel and Samsung on a common …