● Applied Materials and Lam Research also fell sharply.
● The Philadelphia Semiconductorindexclosed at 10,688.80.
● Amazon's trailing freeCash Flowof negative $42.4 billion fueled AI-spending worries.
● Intel warned a memory-driven PC slowdown would last into 2027.
Riot is one of the larger publicly listed bitcoin miners in the United States, operating large-scaleMiningfacilities and, more recently, positioning parts of its power andData Centerfootprint for high-performance computing. Because itsRevenueis earned mainly in bitcoin, its shares tend to move as a leveraged bet …
Revenue rose 8.3% to $112.1 million from $103.4 million. Rimini is winding down support for Oracle (NYSE:ORCL)'s PeopleSoft products, so it also reports an adjusted figure excluding that business. On that basis revenue was $109.3 million, up from $98.8 million.Net Incomemore than doubled to …
RZAI direct-listed around September 29 and has fallen about 75% since. Friday's decline is therefore the latest leg of an extended downtrend rather than an isolated event.
Semtech designs analog and mixed-signal semiconductors and related platforms, including high-speed signal-integrity chips used inData Centeroptical connections, LoRa wireless technology for low-power Internet of Things devices, cellular modules and protection components. The data centerBusinesshas tied the company closely to the AI build-out, which supports …
T-Mobile is one of the three major US wireless carriers, selling postpaid and prepaid mobile plans and expanding into home broadband. Carriers generate recurring monthlyRevenuefrom millions of subscribers, andDemandfor connectivity tends to hold up regardless of the economic cycle, which makes the sector a …
Tower is a specialty foundry that manufactures chips designed by other companies, focused on analog and mixed-signal technologies such as radio frequency, power management, image sensors and silicon photonics. Silicon photonics has become increasingly tied to optical connectivity inside AI data centers, and earlier …