BZ Data Project

Qualcomm Inc (NASDAQ:QCOM) and Ampere Computing, both developers of Arm Holdings Plc (NASDAQ:ARM)-based chips for data center servers, have partnered to launch an AI-focused server.  This collaboration will utilize Ampere’s CPUs and Qualcomm’s Cloud AI 100 Ultra AI...

Nio Inc (NYSE:NIO) stock was trading higher Thursday amid reports that the EV maker is launching its first vehicle under the Onvo brand, marked at a discount versus Tesla Inc (NASDAQ:TSLA). It has reversed the gains since then.  Nio’s L60 SUV will be priced around $4,000 less...

Nvidia Corp (NASDAQ:NVDA) saw the most significant increase in market value among stocks held by hedge funds in the first quarter, despite these funds’ overall net sales of shares.  As hedge funds continued to adjust their portfolios amidst rising interest in artificial intelligence...

China’s tech landscape is a hotbed of innovation and growth, with companies like JD.com Inc (NASDAQ:JD) and Baidu Inc (NASDAQ:BIDU) leading the charge. Both companies are scheduled to report earnings before the market opens, Thursday. As two of the country’s most prominent tech giants,...

Taiwan Semiconductor Manufacturing Co (NYSE:TSM), one of ASML Holding NV’s (NASDAQ:ASML) significant clients, has expressed concerns about the high costs of ASML’s new advanced chip machines.  At a technology symposium in Amsterdam, TSMC Senior Vice President Kevin...

Alibaba Group Holding (NYSE:BABA) and Tencent Holdings (OTCPK:TCEHY), two of China’s tech giants, have distinct business focuses and strategies. Alibaba, often likened to Amazon, is primarily an e-commerce powerhouse with interests in cloud computing and digital services. Alibaba’s Q4...

Tesla, Inc. (NASDAQ:TSLA), through its robotaxis, is striving to pivot to autonomous ride-hailing service, positioning itself in direct competition with Uber Technologies, Inc. (NYSE:UBER). As the two are likely facing off in the near future, here’s a look at how their shares have fared since...

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) experienced a 60% surge in April sales to 236 billion New Taiwan dollars ($7.3 billion), driven by ongoing demand for artificial intelligence and signs of recovery in consumer electronics. The world’s largest contract chipmaker is...

Advanced Micro Devices Inc (NASDAQ:AMD) increased its market share for client and server categories in the x86 processor market. Despite intense competition in the market, particularly between AMD and Intel Corp (NASDAQ:INTC), AMD continued to grow. Intel, however, made gains in the...

Sony Group Corp’s (NYSE:SONY) shares experienced a significant drop, the largest in nearly three months, following its joint $26 billion bid with Apollo Global Management Inc (NYSE:APO) to purchase American multinational mass media and entertainment conglomerate ...

Two technology sector AI plays — Arista Networks Inc (NYSE:ANET) and Globalfoundries Inc (NASDAQ:GFS) — will be reporting their first-quarter earnings on Tuesday. Globalfoundries will report before the market opens, Arista will report after market hours. Arista Networks: Powering Ahead With AI...

Morgan Stanley analyst Brian Nowak reiterated an Overweight rating on Uber Technologies, Inc (NYSE:UBER) with a price target of $90. Nowak flagged that UBER’s growth-adjusted multiple is now lower than Lyft, Inc (NASDAQ:LYFT) and Maplebear Inc (NASDAQ:CART...

Crystal Zhu, previously head of China telecommunications, media, and technology investment banking at JPMorgan Chase & Co (NYSE:JPM), has transitioned to Morgan Stanley (NYSE:MS) as co-head of their Asia Pacific technology team, according to insiders.  She will remain...

Advanced Micro Devices, Inc (NASDAQ:AMD) is strategically preparing to address the growing demand for AI computing by leveraging its extensive product range.  CTO Mark Papermaster emphasized AMD’s robust portfolio of compute engines, strong relationships with customers across...

Walgreens Boots Alliance Inc. (NASDAQ:WBA) is facing tumultuous times as it grapples with a challenging turnaround, leading to a drastic decline in its stock value, marking its worst performance in over five years.  The company’s shares plummeted by 18% in April, nearing a 26-year...