Browsing: billion

U.S. President Donald Trump has dropped part of his $10 billion lawsuit against the BBC, new court documents reveal

The cost of the latest artificial intelligence models is increasingly breeding anxiety among finance executives, who have started directing employees to consider open-

Taiwan Semiconductor Manufacturing Co on Thursday reported a 77.4% jump in second-quarter profit year on year, soaring past estimates as the world’s largest contract-chipmaker continues to set consecutive record-breaking milestones. 

Stripe and Advent International have made a joint offer to buy PayPal in a deal valued at $53.4 billion, CNBC’s David Faber confirmed Wednesday. Shares of PayPal soared 14% on the news

Global chip stocks have lost roughly $2.7 trillion in market value since the PHLX Semiconductor Index (^SOX) peaked on June 22

A coalition of state attorneys general have sued Paramount to stop its $111 billion takeover of Warner Bros. Discovery, a sweeping legal challenge to a merger that threatens to reshape Hollywood amid the absence of the Trump administration’s intervention in big deals

SentinelOne (S) carries zero debt, grows ARR 23%, and trades at $18 against Citron Research’s $32 target, all of which positions Cisco (CSCO) as its most likely acquirer

The largest builders of artificial intelligence data centers have doubled their debt load in the last five years, turning to borrowing to finance an unprecedented spending spree they claim is needed to transform the economy

Artificial intelligence is no longer just a software story — it has become one of the largest infrastructure buildouts in modern business history. Tech giants are pouring hundreds of billions of dollars into new data centers, networking equipment, advanced semiconductors, and power capacity to secure an edge in the next phase of computing. That investment…

In the age of artificial intelligence (AI) infrastructure, Micron Technology’s (NASDAQ: MU) plan to invest more than $250 billion in U.S. fab expansions marks an aggressive escalation. This capital outlay aims to scale the company’s DRAM manufacturing while laying the groundwork for higher-volume high-bandwidth memory (HBM) production