Bloomberg's Mandeep Singh previews Micron earnings and the larger tech environment as companies at the forefront of AI forecast massive earnings. Singh said he finds similarities between the hold oil companies have on energy prices with how chip companies have a control of AI memory and are unlikely to increase that capacity as they bring in money. (Source: Bloomberg)
Bloomberg's Mandeep Singh previews Micron earnings and the larger tech environment as companies at the forefront of AI forecast massive earnings. Singh said he finds similarities between the hold oil companies have on energy prices with how chip companies have a control of AI memory and are unlikely to increase that capacity as they bring in money. (Source: Bloomberg)
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Qualcomm Inc. said its expansion into chips for data centers will produce “billions” in revenue in the fiscal year that begins in October, suggesting the company is gaining a foothold in the booming market for AI gear.
