Teradyne forecasts quarterly revenue above estimates, names new CFO

1 year ago

(Reuters) -Teradyne on Tuesday forecast fourth-quarter revenue above Wall Street expectations, banking on robust demand for its chip-testing equipment, and…

ASM bookings hit by disappointing China, AI demand

1 year ago

(Reuters) -Computer chip equipment maker ASM International reported third-quarter bookings below market expectations on Tuesday, hit by a larger-than-expected drop…

Lilly partners with Nvidia on AI supercomputer to speed up drug development

1 year ago

(Reuters) -Eli Lilly said on Tuesday it was collaborating with Nvidia to build a supercomputer to help with drug discovery…

Teradyne forecasts quarterly revenue above estimates, names new CFO

1 year ago

(Reuters) -Teradyne on Tuesday forecast fourth-quarter revenue above Wall Street expectations, banking on robust demand for its chip-testing equipment, and…

'Battlefield' maker EA misses quarterly bookings estimates on uncertain gamer spend

1 year ago

By Zaheer Kachwala (Reuters) -Electronic Arts missed Wall Street expectations for second-quarter bookings on Tuesday, weighed down by uncertain spending…

Nvidia's $1 billion stake sends Nokia to decade high on AI hopes

1 year ago

By Supantha Mukherjee and Louise Rasmussen STOCKHOLM (Reuters) -Nvidia will pay $1 billion for a stake of 2.9% in Nokia…

Microsoft, OpenAI reach deal removing fundraising constraints for ChatGPT maker

1 year ago

By Deepa Seetharaman, Stephen Nellis and Deborah Mary Sophia (Reuters) -Microsoft and OpenAI announced a restructuring deal on Tuesday that…

Nvidia's $1 billion stake sends Nokia to decade high on AI hopes

1 year ago

By Supantha Mukherjee and Louise Rasmussen STOCKHOLM (Reuters) -Nvidia will pay $1 billion for a stake of 2.9% in Nokia…

Nvidia will build AI supercomputers for US Energy Department, announces total bookings of $500 billion

1 year ago

By Stephen Nellis, Alexandra Alper and Arsheeya Bajwa WASHINGTON (Reuters) -Nvidia CEO Jensen Huang said on Tuesday that the artificial…

Apple hits $4 trillion market value as new iPhone models revitalize sales

1 year ago

By Johann M Cherian (Reuters) -Apple briefly topped $4 trillion in market value for the first time on Tuesday, the…