Super Micro Computer said on Tuesday it believes it will be able to file delayed annual and quarterly reports with the U.S. Securities and Exchange Commission (SEC) by February 25, sending its shares up over 8% after the bell.
Everyone seems to hold strong opinions about generative “AI” these days. Most professionals that I’ve spoken with hold rational, nuanced views about how the technology is (a) insanely overhyped, (b) cost-ineffective, and (c) morally and legally dubious at best.
When Taiwan’s Powerchip Technology entered a deal with the eastern Chinese city of Hefei in 2015 to set up a new chip foundry, it hoped the move would help provide better access the promising Chinese market.
Sberbank plans to collaborate with Chinese researchers on joint AI projects, a top executive at Russia’s biggest bank told Reuters, as China’s DeepSeek has upended the tech landscape by creating an AI model much more cheaply than U.S. rivals.
Alphabet said on Tuesday it will spend $75 billion on its AI buildout this year, 29% more than Wall Street expected, and investors signaled disappointment at a missed cloud revenue target and began showing impatience over profitability.
Singapore’s Keppel posted a 5% rise in its full-year underlying profit on Wednesday, as earnings for its connectivity segment were boosted by strong demand for digital infrastructure required for artificial intelligence-based services.
German chipmaker Infineon slightly revised up its full-year revenue outlook on Tuesday due to expected currency effects after a fall in fiscal first-quarter revenue was not as bad as expected.
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