The biggest question hanging over the AI boom is whether the enormous sums invested in it will yield a return. For the two companies that dominate cloud computing, the payoff shows up in their cloud divisions. Microsoft (NASDAQ: MSFT) runs Azure, and Amazon (NASDAQ: AMZN) runs Amazon Web Services (AWS) — the two biggest sellers…
Server maker Super Micro Computer (NASDAQ: SMCI) shared the kind of update on Tuesday evening that growth investors usually celebrate. The company said it has received approximately $39 billion in orders for its advanced artificial intelligence (AI) servers from more than 20 customers in recent weeks. That’s more than its total revenue over the past…
Semiconductor stocks took a hit this week. The selling began with Broadcom, whose latest quarterly report lacked the wow factor investors had hoped for. That was enough to pull much of the group lower, from Nvidia on down, after a stretch in which chip stocks had run to record highs. Advanced Micro Devices (NASDAQ: AMD)…
