Exclusive-Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say

Exclusive-Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say

Exclusive-Intel, AMD sign long-term server CPU deals with Chinese clients as prices surge, sources say
Semiconductor investors have been here before. After a scorching run, chip stocks have tumbled again, with memory names sliding more than 20% into bear market territory and the broader group shedding hundreds of billions in value. In the current artificial intelligence (AI) cycle, that kind of drop has repeatedly turned out to be a tech…
Eli Lilly (LLY +0.76%) was second to market with a GLP-1 weight-loss drug, losing out to Novo Nordisk (NVO 2.31%). However, Eli Lilly’s Mounjaro and Zepbound produce stronger weight-loss results than Novo Nordisk’s Wegovy, and they quickly took the lead. Now, many on Wall Street see Eli Lilly as a GLP-1 stock, which it is….
The EUR/USD pair trades with mild gains around 1.1405 during the early Asian session on Wednesday. A hawkish tone from the European Central Bank (ECB) provides some support to the Euro (EUR) against the US Dollar (USD). Traders await the upcoming ECB interest rate decision on Thursday. European government bonds rose across the board earlier…
Photo: Shutterstock The review of the UK civil service will focus on strengthening delivery, accountability, innovation and productivity and will inform related reforms The terms of a wide-ranging review of how to create the vision for the future of the UK civil service as a world class institution has been set out by government. The…
People work on the floor of the New York Stock Exchange (NYSE) on July 07, 2026 in New York City. Spencer Platt | Getty Images International Business Machines shares slipped 23% on Tuesday after the hardware, software and consulting provider released preliminary second-quarter results that fell short of expectations. The tech company reported adjusted earnings…
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Tuesday, June 30, 2026. SeongJoon Cho | Bloomberg | Getty Images SK Hynix led a broad rally in Asian technology shares on Wednesday, tracking a rebound in U.S. semiconductor names after a sharp sell-off earlier this week. The South Korean memory chipmaker…