Nvidia CFO Colette Kress announced that sales from Blackwell and Rubin are expected to surpass the previously forecast $500 billion, with robust supply plans through 2027 and the next-generation Vera Rubin chip set for launch in the second half of the year.
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Nvidia CFO Says Blackwell and Rubin Sales Expected to Surpass $500 Billion Forecast
Nvidia CFO Colette Kress announced that sales from Blackwell and Rubin are expected to surpass the previously forecast $500 billion, with robust supply plans through 2027 and the next-generation Vera Rubin chip set for launch in the second half of the year.
Akamai Shares Plunge 7% After Disappointing Q1 Guidance
Akamai Technologies shares fell 7% in after-hours trading after the cloud computing firm issued first-quarter guidance below analyst expectations, despite beating Q4 estimates.
Johnson & Johnson Shares Fall Despite Upbeat Earnings Guidance
Johnson & Johnson shares slipped despite beating earnings estimates and raising its 2024 outlook, as strong drug and device sales offset pricing pressures.
Micron Technology shares soared over 5% in after-hours trading after the company projected next quarter revenue and earnings well above market expectations, fueled by strong AI demand and memory chip supply shortages.
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Micron Surges Over 5% After Forecasting Next Quarter Revenue Above Market Expectations
Micron Technology shares soared over 5% in after-hours trading after the company projected next quarter revenue and earnings well above market expectations, fueled by strong AI demand and memory chip supply shortages.
Apple could generate $130 billion in annual revenue from the humanoid robotics market by 2040, according to Morgan Stanley, leveraging its technology and vast customer base amid intensifying competition from major tech firms.
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Morgan Stanley Says Apple Could Generate $130 Billion in Revenue from Robotics Market by 2040
Apple could generate $130 billion in annual revenue from the humanoid robotics market by 2040, according to Morgan Stanley, leveraging its technology and vast customer base amid intensifying competition from major tech firms.
ASML Warns of Sharp Decline in China Sales Next Year—Says Total Revenue Will Not Fall Below 2024 Levels
ASML forecasts a sharp decline in China sales for 2025 but assures investors that total revenue will remain at or above 2024 levels, despite missing Q3 revenue estimates.
Duolingo CEO Luis von Ahn announced that AI adoption has boosted employee productivity by four to five times without any layoffs, with the company raising its annual revenue forecast to $1.02 billion.
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Duolingo CEO Says 'AI Boosts Productivity 4-5 Times—Not a Single Layoff'
Duolingo CEO Luis von Ahn announced that AI adoption has boosted employee productivity by four to five times without any layoffs, with the company raising its annual revenue forecast to $1.02 billion.
Nvidia Projects Next Quarter Revenue at $54 Billion ±2%
Nvidia stuns markets by forecasting next quarter revenue at $54 billion, signaling continued dominance in the AI chip sector and fueling investor optimism.
Intel shares dropped 4.2% after hours despite issuing a third-quarter revenue forecast above expectations, as the company reported a wider $2.9 billion quarterly loss and announced further cost-cutting and project cancellations.
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Intel Shares Plunge After Hours Despite Upbeat Outlook
Intel shares dropped 4.2% after hours despite issuing a third-quarter revenue forecast above expectations, as the company reported a wider $2.9 billion quarterly loss and announced further cost-cutting and project cancellations.
KEPCO has secured 5.5 trillion won ($4.04 billion) in project financing, enabling full-scale construction of major solar and gas power plants in Saudi Arabia, with projected 25-year revenues of 4.5 trillion won.
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KEPCO Secures 5.5 Trillion Won via Project Financing, Accelerates Saudi Power Projects
KEPCO has secured 5.5 trillion won ($4.04 billion) in project financing, enabling full-scale construction of major solar and gas power plants in Saudi Arabia, with projected 25-year revenues of 4.5 trillion won.
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