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Broadcom sees fourth-quarter boost from data center demand, iPhone launch

Broadcom Inc on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the launch of Apple Inc's new iPhones is expected to bolster its wireless business......»»

Category: topSource: reutersSep 6th, 2018

Oil ends higher as U.S., Iran reportedly make little progress toward reviving a nuclear deal

Oil futures ended higher on Tuesday, getting a boost as economic data from China hinted at better prospects for energy demand. Meanwhile, discussions in Vienna aimed at bringing the .....»»

Category: topSource: marketwatchApr 6th, 2021

Adata expects DRAM shortage to worsen in 2Q21

Memory module house Adata Technology expects shortages of DRAM memory to become severe in the second quarter, thanks to robust demand for notebooks, handsets and data centers, and a pick-up in demand for automotive electronics applications......»»

Category: topSource: digitimesMar 7th, 2021

Voltronic expects UPS to drive growth

UPS and PV inverter ODM Voltronic Power Technology expects UPS used in servers at data centers and in 5G telecom facilities to drive its business growth, according to the company......»»

Category: topSource: digitimesApr 14th, 2020

Intel"s cloud growth lifts shares, fires up other chipmakers

Intel Corp's shares rose 5% on Friday after demand from data centers fired up the chipmaker's cloud business and allayed concerns of market share loss to rival AMD , lifting shares across the sector......»»

Category: topSource: reutersJan 24th, 2020

Broadcom full-year forecast gets a 5G boost

Broadcom Inc forecast full-year 2020 revenue above Wall Street estimates on Thursday, as the company expects to benefit from strong demand for its chips from rising 5G adoption and growth in its software business......»»

Category: topSource: reutersDec 12th, 2019

Nvidia follows Intel to predict strong growth in data center business

Nvidia Corp on Thursday joined rival Intel Corp to predict strong demand for chips used in data centers after its third-quarter revenue and profit beat market expectations......»»

Category: topSource: reutersNov 14th, 2019

Bet on NVIDIA"s Solid Q2 With These ETFs

Nvidia latest result suggests that the business is back on track with a revival in demand for graphics chips and parts used in data centers. Want the.....»»

Category: personnelSource: nytAug 16th, 2019

Applied Materials to buy Japan"s Kokusai to bolster memory chip business

U.S. chip gear maker Applied Materials Inc on Monday agreed to buy Japanese peer Kokusai Electric for $2.2 billion from KKR & Co Inc , as it bets on rising demand for memory chips used in data centers, 5G phones and AI-powered devices......»»

Category: topSource: reutersJul 1st, 2019

Broadcom Profit Surges as Enterprise Storage Business Grows

Broadcom Inc. on Thursday posted the sixth straight quarter of profit, more than doubling from the prior year as stronger demand for products used in data centers continues to drive sales growth......»»

Category: smallbizSource: wsjSep 6th, 2018

Nvidia CEO expects to continue seeing demand in data center business

See the rest of the story here. provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewallNov 15th, 2018

AMD and Intel Lead the AI Revolution in Data Centers, Highlighting Advanced GPU Breakthroughs

Executives from AMD and Intel discussed AI's importance in transforming data centers, highlighting energy efficiency and the need for upgrades. read more.....»»

Category: blogSource: benzinga22 hr. 22 min. ago

AI Boom Can Lead To "Potential Demand Growth" For This Metal, Wall Street Turns Bullish

In a recent shift, Wall Street is demonstrating an increased interest in copper, a trend driven by the metal's growing use in data centers, which are essential for artificial intelligence (AI) operations. read more.....»»

Category: blogSource: benzingaApr 15th, 2024

Irving OKs incentives for data center being built by Edged Energy

The Irving facility joins a network of data centers the company is building across the country including in Chicago and Atlanta......»»

Category: topSource: bizjournalsApr 15th, 2024

Sam Altman"s plans for AI"s next act keep getting more complex

A new report says the OpenAI chief is seeking to create a global coalition to address AI's chip shortage, energy demands and data needs. Sam Altman has been meeting business and government leaders in the UAE this week, according to Bloom.....»»

Category: personnelSource: nytApr 12th, 2024

Revere Copper ready to double workforce in Mebane as EVs, data centers drive demand

With the demand for conducting copper being driven by AI-fueled data centers and electric cars, Revere Copper is already planning to double its Triad workforce just a year after opening facility......»»

Category: topSource: bizjournalsApr 11th, 2024

IST expects demand for verification services from new energy car sector to increase in 2021

Integrated Service Technology (iST), a Taiwan-based provider of semiconductor verification services, expects demand from the components sector supporting new energy cars to significantly increase in 2021, according to company vice president Allan Tseng......»»

Category: topSource: digitimesMay 18th, 2021

Futures Movers: Oil prices post highest finish in over 2 years on demand optimism

Oil futures climb on Monday to post their highest finish in more than two years, as signs of a demand recovery in the U.S. and Europe feed optimism over the outlook for energy demand, despite a round of weaker-than-expected economic data from China......»»

Category: topSource: marketwatchMay 17th, 2021

Oil futures finish higher as upbeat U.S. economic data boost demand prospects

Oil futures climbed on Thursday, with data showing.....»»

Category: topSource: marketwatchApr 29th, 2021

Oil futures gain for the session, fall for the week

Oil futures finished higher on Friday, as some upbeat U.S. economic data boosted prospects for energy demand, but prices posted a loss for the week. The losses for the week were "warranted," especially wit.....»»

Category: topSource: marketwatchApr 23rd, 2021