12+ hour, 45+ min ago   (304+ words) The ownership change followed Intel’s effort to reduce costs and focus capital on its foundry business, according to EE Times. Altera reported $1.54 billion in fiscal 2024 revenue, compared with roughly $2 billion in annual revenue when Intel acquired the company, the outlet…...

2+ day, 8+ hour ago   (578+ words) The chipmaker’s planned market debut could test investor appetite for semiconductor companies as its former parent reshapes the business. Altera, a programmable chipmaker backed by Silver Lake and Intel, is preparing for an initial public offering that could raise more…...

2+ day, 9+ hour ago   (640+ words) Adobe heads into tonight’s earnings at just 9.8x forward earnings as Wall Street continues to question whether generative AI will ultimately strengthen its business or disrupt it. The company’s AI-first annual recurring revenue has already tripled year over year to more…...

3+ day, 7+ hour ago   (861+ words) The problem with AI hardware is that physical life and economic life can diverge sharply. Why AI GPUs Lose Value Quickly A GPU does not have to stop functioning to become less valuable. New generations can train models faster, consume…...

3+ day, 3+ hour ago   (287+ words) @Africa images via Canva, @MBatty from pixabay via Canva Management describes an uncapped, multiyear demand wave. The market, since the record fiscal fourth quarter, has fixated on something narrower: gross margin, and how much of the AI story is already…...

3+ day, 10+ hour ago   (75+ words) TradingView AKAM: Accelerated cloud and AI-driven growth is transforming the business, with strong margins ahead The business has rapidly evolved from content delivery to a compute and security focus, leveraging distributed cloud infrastructure to support AI workloads and compete with…...

3+ day, 9+ hour ago   (356+ words) What do massive earnings beats from Broadcom, Credo Technology Group, and Snowflake really tell us about the current state of the AI trade? During a recent episode of The AI Investor Podcast, Eric Bleeker and Austin Smith discussed why stocks…...

4+ day, 18+ hour ago   (209+ words) The information sector cut 23,000 jobs, a faster pace of decline than its own 12-month average loss of 8,000 jobs a month, according to the Bureau of Labor Statistics It's the latest data point in what outplacement firm Challenger, Gray & Christmas has…...

1+ week, 13+ hour ago   (539+ words) Four big tech workers detail $180K to $250K jobs lost, 8,000 applications, and $2,600 health insurance after layoffs. big tech layoffs 2025 arrived as form letters. "Dear Joseph," "involuntary separation," "no longer expected to work for Meta" according to Business Insider. Profiles of the companies…...

1+ week, 2+ day ago   (375+ words) Broadcom missed by $200 million on a $34.8 billion quarter, and it cost the stock more than the miss was worth. Broadcom shares fell as much as 6% in after-hours trading on Tuesday, September 2. The company had just beaten Wall Street on revenue,…...