technology News
Broadcom Stock Hits Record High on Morgan Stanley AI Optimism
The investment bank raised its price target to $443, citing Broadcom's growing role as a key supplier for custom AI infrastructure.
Synopsys Surges After Nvidia Makes $2 Billion Strategic Investment
The chipmaker's investment deepens a partnership aimed at accelerating semiconductor design with artificial intelligence, boosting Synopsys shares by over 8%.
Nvidia's Grip on AI Tested Amid Complex Global Chip Demand
Shares face pressure from competition and regulatory risks, yet fierce demand for AI hardware is spurring creative financing and supply chain maneuvering, particularly from China.
Philips Unveils AI-Powered CT and Helium-Free MRI Systems
Dual product launch aims to solidify leadership in high-end diagnostic imaging and accelerate growth amid company turnaround efforts.
Philips Unveils Helium-Free 3.0T MRI to Bolster Imaging Division
Innovation in high-end diagnostics comes as the Dutch health-tech giant navigates ongoing regulatory challenges and fallout from its Respironics recall.
AI's Foundation Is Being Built on a Mountain of Debt
The technology giants and their suppliers have amassed over $120 billion in debt this year to fund the AI infrastructure boom, raising questions about financial stability and the path to profitability.
Google Taps Adani for $5 Billion Power Deal to Fuel India AI Hub
The partnership with billionaire Gautam Adani's firm aims to build one of India's largest AI data centers, securing critical infrastructure for Google's global ambitions.
Alphabet Shares Slip After Withdrawing EU Complaint Against Microsoft
The move is seen as a strategic pivot, as the company steps aside for a broader EU regulatory probe into the cloud computing sector's competitive landscape.