Applied Materials shares are trading lower in the premarket session after reporting second-quarter results, including flat year-over-year revenue and increased demand for AI processor production machinery, while facing temporary order pauses from certain semiconductor customers.
Microsoft Corp is set to introduce AMD's MI300X AI chips to its Azure cloud services, challenging Nvidia's dominance. Detailed at the upcoming Build developer conference, this move aims to ease the demand for Nvidia GPUs, enabling customers to build large-scale AI models.
The soaring stock of Taiwan Semiconductor Manufacturing has led to restrictions on single-stock exposure for some investors, potentially forcing them to seek alternative investments.
Walt Disney Co. and Airbnb have collaborated to offer a special experience, allowing fans to visit a recreation of Edna Mode's house from "The Incredibles," starting May 24 in Los Angeles.
Apple has introduced innovative accessibility features for iPhones and iPads, including eye tracking, to enhance usability for users with physical disabilities, set to debut in iOS and iPadOS 18 later this year.
Google is set to introduce its Gemini AI to schools with enhanced data privacy protections, ensuring that educational data is not used for AI training or shared with third parties.