Artificial Intelligence
ByteDance strikes AI copyright deal with Hollywood trade group
TikTok owner ByteDance agrees to licensing terms with SAG-AFTRA to address AI-generated content concerns in entertainment industry.
SK hynix shares rise on AI memory demand outlook
South Korean chipmaker SK hynix gains as investors bet on sustained AI-related memory chip demand despite broader tech sector volatility.
Nvidia to invest $100bn in OpenAI's Ohio data center
Chipmaker Nvidia is set to provide financing for a $100 billion artificial intelligence data center in Ohio, according to reports.
Marvell Technology shares rise on strong AI chip demand
Stock jumps after report highlights robust demand for AI accelerators from hyperscale data centers.
Arrow Electronics expands IBM distribution to seven countries
Deal broadens IBM's reach in EMEA and Asia-Pacific through Arrow's global network.
Micron Technology shares rise on AI demand outlook
Stock advances after Micron forecasts sustained AI-driven memory chip demand amid broader sector rally.
Sims Limited FY26 EBIT jumps 168% on AI, metal demand
Recycled metals processor Sims Limited reports a sharp rise in earnings as artificial intelligence boosts demand and metal prices remain elevated.
Fabrinet Q4 earnings in focus as AI optical demand surges
Optical components supplier Fabrinet set to report quarterly results amid strong demand for AI-related hardware.
Baidu Q2 earnings preview: Analysts weigh pre-release dip
Investors assess whether the recent pullback in Baidu shares ahead of Q2 results presents a buying opportunity or signals deeper concerns.