Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
HP Launches HyperX Gaming Gear as PC Revenue Climbs 11%
HP Inc. unveiled new HyperX gaming accessories, including a controller and headsets, as its Personal Systems revenue jumped 11% to $10.3 billion last quarter. Shares rose 0.3% to $20.21.
AWS Growth Accelerates, Amazon Stock Gains on Cloud AI Demand
Amazon shares rose 1.4% as AWS revenue surged 28% to $37.6B, its fastest growth in 15 quarters, signaling strong AI-driven cloud demand.
Meta's $145B AI Capex Plan Triggers After-Hours Stock Slide Despite Strong Earnings
Meta shares dropped 5% in after-hours trading after the company boosted its 2026 capex forecast to $145 billion, overshadowing a 33% revenue surge to $56.31 billion.
MaxLinear Stock Skyrockets on AI Data Center Demand and Analyst Upgrade
MaxLinear shares jumped 34% on Wednesday after the company reported a 136% surge in infrastructure revenue and received an analyst upgrade, fueled by growing demand for AI data-center optical products.
ON Semiconductor Shares Surge on Major EV Chip Deals with Geely and NIO
ON Semiconductor shares jumped 8% after announcing expanded silicon carbide chip deals with Geely and NIO for 900V electric vehicle platforms.
Vertiv Acquires Liquid-Cooling Firm as AI Data Centers Heat Up
Vertiv Holdings Co has acquired Strategic Thermal Labs, a Texas-based liquid-cooling specialist, to strengthen its AI and high-performance computing data center offerings. The move follows a 30% jump in Q1 net sales.
Seagate Soars on AI Storage Demand, Lifting Sector
Seagate forecast Q4 revenue of $3.45B and EPS of $5.00, beating estimates. Shares jumped 18% premarket, lifting sector peers.
Palantir Shares Dip 1.3% Ahead of Q1 Earnings Amid Citi Target Cut and German Military Snub
Palantir Technologies shares fell 1.3% on Tuesday after Citi lowered its price target to $210 from $260, ahead of Q1 earnings. A Cleveland-Cliffs AI deal provided some support, but Germany's military said it won't award Palantir contracts for now.
Applied Materials Tumbles 5.5% on Renewed China Export Fears
Applied Materials shares dropped 5.5% after a Reuters report that the U.S. Commerce Department ordered chip equipment makers to stop some shipments to China's Hua Hong.