Advanced Micro Devices
Chip stocks fall sharply as five companies report record revenue
The PHLX Semiconductor Index fell 8.05% on November 5, while recent earnings reports from five chip and data storage companies showed revenue growth from a year earlier.…
AI Spending Forecast to Hit $2.59 Trillion in 2026, Gartner Says
Worldwide spending on artificial intelligence is forecast to reach $2.59 trillion in 2026, up 47% from $1.76 trillion in 2025, according to Gartner. The research firm…