Financials articles

Nvidia becomes the world's most valuable company, surpassing Apple and Microsoft

The big picture: Nvidia briefly overtook Apple as the world's most valuable company late last month, but this week it solidified that position for the second time in a more definitive way. The GPU maker's meteoric rise and the dethronement of Intel on the Dow Jones index signifies a major shift toward AI in the tech sector. However, uncertainty still surrounds the new technology.

AMD data center revenue surpasses Intel's for the first time, driven by strong Epyc CPU sales

Capcom earnings show a gradual narrowing of the console/PC divide

In context: Capcom's latest earnings show that the software markets for PCs and consoles are a close race, with PCs edging out consoles by 14 points. During its 2023 fiscal year, 54 percent of Capcom's game sales went to PCs, while consoles accounted for 40 percent. The remainder is in mobile gaming, which ironically has doubled the gaming population of the other two markets combined.

Microsoft gaming revenue increases 61% as cloud and AI take center stage

Germany's largest hardware retailer has yet to sell a single Intel Core Ultra 200S CPU

Microsoft faces scrutiny over AI spending as Copilot adoption lags

Roblox accused of inflating user numbers and being a pedophile paradise

Samsung confirms there are no plans to sell foundry business, issues apology over missed profits

Intel splits its struggling foundry division into an independent subsidiary

OnlyFans creators earned record $5.3 billion in 2023, platform sees massive growth

Intel's gathering storm and why it needs to stay the course

Dell's AI-focused strategy pays off with 38 percent growth in hardware infrastructure revenue

Intel mulls splitting divisions as financial woes continue

AMD's $5 billion ZT acquisition: Strategic play or overpriced gamble?

Bottom line: The strategic rationale behind AMD acquiring ZT makes sense, to a point, but $5 billion is a lot to pay, especially when the true value of the transaction relies heavily on the price AMD will get when they spin off ZT's manufacturing unit.

Under-siege Intel quietly sells Arm stake as restructuring program continues

Dell cuts thousands of jobs as part of AI-focused restructuring

Intel's rough quarter was expected, but management's messaging struggles were not

Bottom line: The fact that Intel had a bad quarter is not that surprising. What is surprising is the extent to which management does not seem to have a handle on how to communicate its plans.

Intel faces crisis as revenue misses and a bleak forecast shakes investor confidence

Bottom line: Intel's latest quarterly earnings were nothing short of ugly, prompting restructuring plans. It is quite the change for a company that was once among the 30 best stocks in the world. Analysts are increasingly skeptical about CEO Pat Gelsinger's ability to execute a successful turnaround, especially as Intel struggles to keep pace with AMD and Nvidia.

Nintendo profit plummets 55% as Switch hardware and software sales slow

Xbox hardware revenue fell 42% last quarter, but overall gaming revenue rose 44%

The big picture: Some analysts predicted the Xbox Series X would outsell the PlayStation 5 in 2020. Instead, Sony's console has likely sold more than double the Xbox Series S and X. The situation is so dire that Microsoft hasn't disclosed precise unit sales in over a year and has begun releasing its games on competing consoles. The company's latest earnings call certainly won't improve investor outlook concerning the future of Xbox hardware.

3 programming languages that will help you land a job in finance

TSMC market cap briefly hits $1 trillion as it readies 2nm chip trials for iPhone 17

AMD engineer tells the tale of when the PlayStation 4 saved the chipmaker from bankruptcy

The buckets of AI and where Nvidia is crushing it

Nvidia reports record revenue amid global AI boom, up 262% year-over-year