Hope Is The First Phase Of A Strategy To Profit From Selling AI Systems
…In the first quarter of fiscal 2026 ended in June, Lenovo brought in $18.83 billion in sales, up 21.9 percent year on year. Gross profits were up 8 percent to…
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More videosFor Eclipse, the $2.5B Cerebras win is just the start of realizing its physical-world thesis | TechCrunch
…Eclipse’s portfolio companies spanning sectors like robotics, energy and defense, raised nearly $15 billion from outside backers last year, and that late-stage momentum reached $4.5 billion in Q1 2026…
AMD Finally Makes More Money On GPUs Than CPUs In A Quarter
…We are not here to do all of that again, but to put 2025 into the financial history books and move on to 2026, which is 35 days old and counting. Let…
TSMC employees threaten Samsung-style strikes over bonus cut rumors despite a 58% profit jump
…Package TweakTown News Business, Financial & Legal TL;DR: TSMC employees are upset over rumored bonus cuts despite the company's record 58% profit increase in Q1 2026 driven by AI demand. Frustrations…
Anthropic Inks Massive SpaceX Compute Deal Ahead of $2 Trillion IPO
…On the positive side, the deal accounted for 76% of SpaceX's $10.1 billion in Q1 2026 capital spending, big enough to move the needle on revenue. Anthropic's own run…
OpenAI Building A Custom Smartphone Processor With Qualcomm and MediaTek, Targeting 300-400 Million Annual Smartphone Shipments to Dethrone Apple's iPhone
…According to the analyst, the smartphone's specifications will likely get finalized by late 2026 or Q1 2027, with OpenAI's high-end smartphone likely to entail annual shipment volumes of between…
$6M verdict rocks big tech as Meta and YouTube found liable for addiction
…your driver NVIDIA's latest financial report removes Gaming as a segment, it's now called Edge Computing NVIDIA's record Data Center revenue for fiscal Q1 2027 beat estimates as the…
The Memory Crunch Pinches Cisco’s Profits
…With that, let’s drill down further into Cisco’s financials for the second quarter of fiscal 2026. In the quarter, Cisco brought in $15.35 billion in sales, up 9.7…
GameStop offers $56 billion for eBay, struggles to explain how it'll pay for it
…focused strategy to drive sustainable growth and long-term shareholder value.” eBay last week reported Q1 2026 revenue of $3.1 billion, up 19 percent year over year. eBay’s GAAP net…
Former PlayStation Head speaks in favor of PC ports, says they are largely positive for Sony
…Yoshida goes on to defend PC ports, saying that, rather than costing Sony financially, they could help recoup some of the initial development costs. This is because PC ports often arrive a…