Browsing Tag
Santa Clara
16 posts
Persistent Systems FY25 earnings: AI-led strategy drives 18.8% growth, record revenues and stock market optimism
Persistent Systems posts 18.8% revenue growth and strong Q4 results; stock rallies on AI-led strategy and $2B revenue goal by FY27. Read the full analysis.
Intel to dump majority stake in Altera—Silver Lake to take control in $8.75bn deal to fuel AI chip race
Intel offloads 51% of Altera to Silver Lake for $8.75B to focus on core chipmaking. Discover how this reshapes AI and FPGA innovation.
Lucid Motors partners with SoundHound AI to launch generative AI-driven voice assistant
Lucid Motors, renowned for its innovation in the electric vehicle (EV) industry, has introduced the Lucid Assistant, an…
Ambarella stock climbs after strong Q3 earnings, edge AI revenue soars
Ambarella, Inc. saw its stock price surge nearly 14% on Wednesday, reaching $78.04, after the semiconductor company delivered…
AMD slashes 4% of workforce amid strategic pivot to AI dominance
In a decisive move to bolster its position in the competitive artificial intelligence (AI) sector, Advanced Micro Devices…
Astera Labs surges to record high after smashing Q3 earnings expectations
Astera Labs, the Santa Clara-based semiconductor powerhouse, is making waves in the tech industry after reporting an outstanding…