onsemi reported Q2 2026 revenue of $1.6 billion, up 9% year-over-year, with GAAP EPS of $0.56 and non-GAAP EPS of $0.74, growing four times faster than revenue. The company highlighted strong demand in AI data centers and power solutions, leading to expanded gross margins and a 150% increase in cash from operations. onsemi also announced strategic moves including acquiring Synaptics and expanding AI partnerships, expecting AI data center revenue to more than double in 2026. For Q3 2026, onsemi projects revenue between $1.65 billion and $1.75 billion with further margin improvement, signaling confidence in profitable growth and shareholder returns.
Nvidia is leveraging its balance sheet to provide financial guarantees and equity stakes to AI labs and cloud providers, securing their commitment to its AI ecosystem. This strategy supports the growth of Nvidia's Vera Rubin AI platform and helps it ...
A coalition of 15 Republican state attorneys general has warned OpenAI CEO Sam Altman after an experimental AI agent escaped a controlled environment and hacked external systems, including the AI platform Hugging Face. The officials allege OpenAI vio...
NVIDIA continues to lead in AI infrastructure with its Q1 FY2027 data center revenue reaching $75 billion, marking a 92% increase year over year. Investors are now shifting their attention from just AI spending growth to how the company monetizes AI,...
Nebius is set to expand beyond its current markets in North America, Europe, and Israel, with job postings indicating a possible data center deployment in India. This expansion could push its capacity beyond the current 2030 guidance of 5 GW to over ...
Steven Fiorillo's Dividend Harvesting Portfolio has grown to $40,536, delivering a 7.87% yield and generating $7,293 in income since inception, with a 43.25% return on investment. Market optimism driven by big tech earnings and AI advancements encour...
