Shares of computer processor maker Intel (NASDAQ:INTC) fell 15.6% in the morning session after the company reported underwhelming fourth quarter results with sales guidance for the next quarter falling short of Wall Street's expectations.
Shares of computer processor maker Intel (NASDAQ:INTC) fell 15.6% in the morning session after the company reported underwhelming fourth quarter results with sales guidance for the next quarter falling short of Wall Street's expectations.
Key Points As demand for AI chips continues to increase, so does the demand for memory components. Meanwhile, memory prices are soaring given the current supply-demand environment. 10 stocks we like better than Micron Technology › The artificial intelligence (AI) infrastructure boom continues to march forward, and if the recent decision by Taiwan Semiconductor Manufacturing (NYSE: TSM) to signific...
Key Points As demand for AI chips continues to increase, so does the demand for memory components. Meanwhile, memory prices are soaring given the current supply-demand environment. 10 stocks we like better than Micron Technology › The artificial intelligence (AI) infrastructure boom continues to march forward, and if the recent decision by Taiwan Semiconductor Manufacturing (NYSE: TSM) to significantly increase its capital expenditure (capex) budget is any indication, we're still in the early innings. Perhaps no company is at more risk of overbuilding than TSMC, because if it builds a bunch of fabs (chip manufacturing plants) that become underutilized down the road, it's going to crush its gross margins and lead to a bunch of unprofitable facilities. As such, its management team made this decision after careful consideration and research. Image source: Getty Images. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now, when you join Stock Advisor. See the stocks » More AI chips means the need for more high-bandwidth memory Meanwhile, one of the companies at the center of the AI infrastructure boom set to benefit from its own bottlenecks is Micron Technology (NASDAQ: MU). While TSMC manufactures logic chips, Micron makes memory components, which need their own separate fabs. The DRAM (dynamic random access memory) market is essentially an oligopoly, and Micron, Samsung, and SK Hynix generally manufacture these chips themselves instead of going to a third-party contract manufacturer. While graphics processing units (GPUs) are at the center of the AI infrastructure buildout, for these chips to perform optimally, they need a specialized form of DRAM called high-bandwidth memory (HBM). HBM allows GPUs to store data and then quickly retrieve and transmit it. In a world where computing processing speed is becoming increasingly important, the demand for HBM is skyrocketing. However, the HBM manufacturing ...
Intel is on pace for its worst selloff in nearly 18 months. Intel was down nearly 17% Friday. The selloff came after the company’s fourth-quarter report made clear that Intel’s turnaround is still a work in progress.
Intel is on pace for its worst selloff in nearly 18 months. Intel was down nearly 17% Friday. The selloff came after the company’s fourth-quarter report made clear that Intel’s turnaround is still a work in progress.
Virtuoso trumpeter and founder of the Wallace Collection brass ensemble who performed alongside Kiri Te Kanawa at the 1981 royal wedding John Wallace, who has died aged 76, was a virtuoso trumpeter, composer and educator whose roots lay in the brass band tradition of working-class communities in his native Fife. He nurtured that connection throughout a hugely successful and eclectic performing car...
Virtuoso trumpeter and founder of the Wallace Collection brass ensemble who performed alongside Kiri Te Kanawa at the 1981 royal wedding John Wallace, who has died aged 76, was a virtuoso trumpeter, composer and educator whose roots lay in the brass band tradition of working-class communities in his native Fife. He nurtured that connection throughout a hugely successful and eclectic performing career, as principal trumpet and soloist with leading UK orchestras and conductors, and founder of the Wallace Collection brass ensemble, before becoming principal of the Royal Conservatoire of Scotland in 2002. Wallace was also an effective campaigner for free instrumental tuition in Scottish schools, enabling children of all backgrounds to explore and develop their talents. Continue reading...
Astera Labs expands its portfolio with the acquisition of aiXscale Photonics, betting on optical connectivity to power AI Infrastructure 2.0 and future growth.
Astera Labs expands its portfolio with the acquisition of aiXscale Photonics, betting on optical connectivity to power AI Infrastructure 2.0 and future growth.
Astera Labs ALAB is benefiting from its strategic focus on expanding its portfolio through acquisitions and innovation, positioning itself as a leader in the rapidly growing AI infrastructure market. The acquisition of aiXscale Photonics GmbH, a company that offers fiber-chip coupling technologies, has been a major growth driver. The acquisition of aiXscale Photonics GmbH helps advance AI Infrastr...
Astera Labs ALAB is benefiting from its strategic focus on expanding its portfolio through acquisitions and innovation, positioning itself as a leader in the rapidly growing AI infrastructure market. The acquisition of aiXscale Photonics GmbH, a company that offers fiber-chip coupling technologies, has been a major growth driver. The acquisition of aiXscale Photonics GmbH helps advance AI Infrastructure 2.0 by providing larger optical connectivity solutions that meet strict demands for speed, power, reach and reliability in rack-scale systems. Combining aiXscale’s photonics expertise with Astera Labs’ connectivity and signal processing capabilities, the company aims to address the massive bandwidth needs of AI systems with hundreds of accelerators. Astera Labs plans to combine Xscale’s glass components and packaging technologies with its own expertise in signal conditioning and switching. This will help them create new optical solutions. The company expects its Scorpio family of products to support optical technology, which will offer higher data rates and longer reach for scale-up networks. While this acquisition is an important advancement, Astera Labs anticipates that significant revenue from optical products will start in the 2028-2029 timeframe, as the market shifts from copper to optical interconnects for scale-up applications. Aster Lab’s expanding portfolio and strategic acquisitions are expected to drive growth in the fourth quarter of 2025. Astera Labs expects fourth-quarter 2025 revenues between $245 million and $253 million. The Zacks Consensus Estimate for fourth-quarter 2025 revenues is pegged at $249.79 million, representing a year-over-year increase of 77.03%. ALAB Faces Stiff Competition ALAB is facing stiff competition from other industry players like Marvell Technology MRVL and Broadcom AVGO in the connectivity space. Marvell Technology recently announced a deal to acquire XConn Technologies. This move expands its PCIe and CXL switching portfolio....
Shares of precision measurement and sensing technologies provider Vishay Precision (NYSE:VPG) fell 6.1% in the morning session after negative sentiment spread across the semiconductor sector following a disappointing forecast from industry giant Intel.
Shares of precision measurement and sensing technologies provider Vishay Precision (NYSE:VPG) fell 6.1% in the morning session after negative sentiment spread across the semiconductor sector following a disappointing forecast from industry giant Intel.
Owner-of-the-moment is biggest potential story at this year’s festival with The Jukebox Man in the Gold Cup The first meeting between Sir Gino and The New Lion, the top two in the Champion Hurdle betting, is among the highlights of Trials Day at Cheltenham on Saturday but every contest on the eight-race card will offer pointers towards the festival and owner-of-the-moment Harry Redknapp will hope ...
Owner-of-the-moment is biggest potential story at this year’s festival with The Jukebox Man in the Gold Cup The first meeting between Sir Gino and The New Lion, the top two in the Champion Hurdle betting, is among the highlights of Trials Day at Cheltenham on Saturday but every contest on the eight-race card will offer pointers towards the festival and owner-of-the-moment Harry Redknapp will hope to see another big-race contender emerge in his colours in the concluding race. Redknapp’s attempt to win the Cheltenham Gold Cup, the blue riband of chasing, with The Jukebox Man, his recent King George VI Chase winner, already looks sure to be the biggest story at this year’s festival. It never hurts to have strength in depth at Cheltenham in March, however, and a win for Taurus Bay in the Grade Two AIS Novice Hurdle would see him shoot towards the market leaders for the Turners Novice Hurdle. Continue reading...