IonQ acquires majority stake in ID Quantique, signs MoU with SK Telecom
Company also announced FY2024 results and appointment of new CEO
News - FY2024
The latest news from the data center, telco, and cloud sector
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Supermicro files delayed SEC filing, avoids Nasdaq delisting
Company’s shares up 22 percent as a result of meeting deadline
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AI infrastructure drives triple-digit revenue growth at Nebius, but losses continue
Yandex spin-out claims $1bn ARR "within reach"
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AMD posts record revenue but disappoints with data center segment results
Company posted data center revenue of $3.86 billion in Q4 2024
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Samsung posts record-breaking annual revenue but forecasts “limited” Q1 ‘25 earnings due to weakness in semiconductor business
Second-highest annual revenue ever recorded by the company
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Intel posts third consecutive quarterly loss, cancels planned release of Falcon Shores AI chip
Despite the downturn, company has received first two installments of CHIPS Act funding
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ASML reports declining bookings in 2024 despite strong Q4
Expects to see net sales increase again in Q1 2025
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AMD data center revenue jumps record 122% in Q3 2024
Segment revenue for the quarter was $3.5bn
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SK Hynix posts record quarterly revenues, says demand for AI memory will carry into 2025
Highest quarterly operating profit ever recorded by the memory chip manufacturer
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ASML only saw half of expected bookings in Q3 2024
Accidentally posted results a day earlier than scheduled
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Samsung issues apology ahead of Q3 2024 results; quashes foundry spin off rumors
Expected $6.8bn profits for quarter lower than company hoped for
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Intel posts $1.6bn net loss for Q2 2024; plans more than 15,000 layoffs
Company saw its stock price sink after results were published
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Microsoft earnings: Cloud underperforms, capex reaches $19bn
Microsoft is placing its bets on AI