Micron hits record high as AI demand powers strong forecast
By Medha Singh and Aditya Soni (Reuters) - Memory chipmaker Micron Technology surged to a…
Month: March 2024
US Congress advances $1.2 trillion spending package to avert shutdown
By David Morgan and Makini Brice WASHINGTON (Reuters) -After days of delay, U.S.…
Intel readies for $100-billion spending spree across four US states
By Stephen Nellis SANTA CLARA, California (Reuters) -Intel is planning a $100-billion…
Super Micro’s shares drop after pricing stock offering at…
(Reuters) - Super Micro Computer's shares fell 5% on Wednesday after the AI server…
Reddit guides IPO may price at top of range or above, source says
By Niket Nishant and Anirban Sen (Reuters) - Reddit and its bankers are guiding that they…
Nvidia stock climbs as CFO says new chip to ship in 2024
By Max A. Cherney, Stephen Nellis and Medha Singh SAN JOSE, California (Reuters)…
Meta expects first shipments of new Nvidia chips later this year
NEW YORK (Reuters) - Facebook owner Meta Platforms expects to receive initial shipments…
Exclusive-Macy’s opens its books in company sale talks
By Abigail Summerville and Svea Herbst-Bayliss NEW YORK (Reuters) -Macy's Inc told…
Microsoft taps DeepMind co-founder Suleyman to spearhead consumer AI…
(Reuters) - Microsoft has appointed DeepMind co-founder Mustafa Suleyman as the head of a…
US single-family housing starts, permits near two-year highs
By Lucia Mutikani WASHINGTON (Reuters) - U.S. single-family homebuilding rebounded…