Mobileye, an Intel subsidiary known for autonomous vehicle technology, announced plans to start a robotaxi service in a U.S. city in 2027, initially deploying 100 autonomous vehicles. The company aims to expand this fleet to about 17,000 robotaxis over five years if the launch succeeds. This move marks Mobileye's shift from solely supplying self-driving systems to also operating its own robotaxi service, leveraging its technology and the Moovit app for consumer access. The initiative complements Mobileye's existing partnerships and aims to accelerate autonomous mobility adoption while gaining direct operational experience.
AMD's data center revenue surged 107% last quarter, driven by strong demand for its AI chips from hyperscalers like OpenAI and Meta, with deals reaching gigawatt scales. Despite a 284% stock rise in the past year and positive growth outlook, the curr...
In September 2026, ten of the eleven S&P sectors fell due to rising oil prices and Treasury yields, which pressured most parts of the market. The Technology sector was the sole gainer, rising 5.08%, driven by strong demand for AI and semiconductor st...
An investor is dollar cost averaging shares of AMD at current high prices, driven by the company's strong position in AI data center chips and accelerating growth. AMD's Q2 FY2026 revenue rose 50.1%, with data center sales more than doubling and prof...
Intel's balance sheet remains weak despite strong CPU demand, with the lowest IC ratio among peers and a higher trading price than the sector average. In contrast, TSMC shows robust profit margins and revenue growth, positioning it well for market sh...
Intel's stock has surged 212% year-to-date, yet 32 of 48 Wall Street analysts rate it as a Hold due to mixed signals. The company reported strong Q2 revenue and AI-related growth, but its foundry division lost $2.1 billion last quarter, raising conce...
