Marvell shares ripped 20% higher on Friday as the company posted an earnings beat and issued strong guidance, expecting robust artificial intelligence demand to continue. The semiconductor company reported adjusted earnings of 80 cents per share for the quarter, exceeding the 79 cents per share expected by analysts polled by LSEG. The company reported $2.2…
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung’s upcoming smart glasses will have a camera and be connected to a smartphone, a top executive told CNBC, as the tech giant prepares to make…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Banking, payments, enterprise and consumer services in the UAE experienced outages earlier this week as AWS (Amazon Web Services) data centers in the country were hit by Iranian drone strikes on Sunday. Many of the apps have since…
NANJING, CHINA – MARCH 2, 2026 – New energy vehicles parked outside a BYD store in Nanjing, Jiangsu Province, China on March 2, 2026. (Photo credit should read CFOTO/Future Publishing via Getty Images) Cfoto | Future Publishing | Getty Images BYD lost ground to its domestic competitors over the first two months of the year,…
Shares of optics maker Corning are tumbling Thursday, likely in response to comments from well-respected Broadcom CEO Hock Tan on the chipmaker’s earnings call the prior evening. But the market reaction seems like a clear-cut overreaction based on Corning’s own guidance and industry outlook. A key pillar of our investment thesis in Corning is the…
An Amazon facility on Amazon Prime Day in the Queens borough of New York, US, on Tuesday, July 8, 2025. Klaus Galiano | Bloomberg | Getty Images Amazon‘s website and shopping app were down for some users on Thursday, leaving consumers unable to check out, access account information or view product prices. Trouble on the…
Dario Amodei, co-founder and CEO of Anthropic, during a Bloomberg Television interview in San Francisco, Dec. 9, 2025. David Paul Morris | Bloomberg | Getty Images Anthropic CEO Dario Amodei confirmed that the U.S. government declared his company a supply chain risk on Thursday and said it has “no choice” but to challenge the designation…
Microsoft CEO Satya Nadella speaks at the Microsoft AI Tour event in Munich, Germany, on Feb. 25, 2026 Sven Hoppe | Picture Alliance | Getty Images Microsoft said Thursday that it will keep startup Anthropic’s artificial intelligence technology embedded in its products for clients, excluding the U.S. Department of War. Earlier on Thursday, the federal…
This year’s Morgan Stanley Tech, Media and Telecom conference lineup was stacked: Dario Amodei and Sam Altman (both in the middle of the Pentagon drama) Jensen Huang, Satya Nadella, and dozens of enterprise software CEOs trying to convince investors they’ll survive the AI reckoning. I spent a day on the ground covering it, and then…
Broadcom‘s stock surged nearly 5% on Thursday as CEO Hock Tan touted strong demand for the company’s chips amid the artificial intelligence boom. He told analysts on Wednesday that he anticipates AI chip revenue in 2027 that’s “significantly in excess of $100 billion” as demand mounts for designing custom silicon. That far surpassed many bullish…