Latest Technology News & Archive

Nvidia Stock Falls Again as AI Chip Sell-Off Deepens Despite TSMC's Record Profit and Robust Demand Outlook

Nvidia shares fell for a second day as a global sell-off in AI and semiconductor stocks intensified, despite record profits and strong forecasts from chipmaker TSMC.

Samsung Stock Plunges Nearly 10% as Kospi Triggers Circuit Breaker on China Chip Threat and Hot US Inflation

Samsung this week reported a jump in fourth quarter net profit, but warned of uncertainties over the pandemic and lower earnings in the first quarter of 2021

Samsung Electronics shares plunged 9.5% and South Korea's Kospi fell 7.57% as fears over Chinese chip competition, higher US rates and the sustainability of AI investment intensified.

WiseTech Global Shares Climb Nearly 5% After ASIC Clears Founder Richard White in Insider Trading Probe

WiseTech Global Shares Crash 18% as Police Investigate Founder Over

WiseTech Global shares rose nearly 5% after ASIC cleared founder Richard White and two employees following an almost yearlong insider trading investigation, easing regulatory uncertainty around the logistics software company.

South Korea is home to the world's largest memory chip maker Samsung, and largest memory chip supplier SK Hynix

SK Hynix Shares Extend Slide as China's CXMT Memory Breakthrough Claims Rattle Chip Investors on Wall Street

SK Hynix shares fell again as investors assessed the threat from China's CXMT, whose new memory design could increase supply and pressure prices if manufactured at scale.

More news

Apple's First Foldable iPhone Duo Faces Tight Supply as $1,999 Phone Heads Into Friday's Pre-Order Rush

Apple's first foldable iPhone is expected to have limited availability when pre-orders open on 16 October, after manufacturing difficulties constrained production ahead of its launch.

George Anton Oct 13, 2026

TPG Telecom Shares Drop 4 Percent to A$3.72 as the Stock Trades 35 Percent Below Its 52-Week High of A$5.69

TPG Telecom shares fell 4.12% to A$3.72 on Monday without a new company announcement, extending a decline that has left the stock well below its 52-week high.

Tony Jackson Oct 12, 2026

Megaport Shares Surge 6.58% to $19.12 as ASX Tech Stocks

Megaport Shares Jump 5.5% as AI Infrastructure Bet Lifts ASX Tech Stock Ahead of October Quarterly Update

Megaport shares rose 5.5% on Monday, extending a strong annual gain as investors focused on its AI infrastructure expansion despite widening losses and ongoing execution risks.

Mike Clair Oct 12, 2026

OpenAI vs Anthropic vs Gemini vs Grok: Who Will Win the AI Race in 2027?

OpenAI, Anthropic, Google and xAI have backed calls for stronger AI safety measures while continuing product launches, leaving the question of who will lead in 2027 unresolved.

George Anton Oct 10, 2026

Elon Musk Says SpaceX Could Be Worth Far More Than Earth's Entire Economy, Here's What That Would Really Take

Elon Musk says SpaceX could eventually be worth more than the global economy, but analysts say the extraordinary vision depends on unproven technologies, enormous investment and expansion beyond Earth.

George Anton Oct 10, 2026

Microsoft Stock Climbs 2.3% to $534 as Investors Bet Big on AI, Pushing Shares Closer to 52-Week High

Microsoft shares rose 2.3% as investor confidence in its AI strategy strengthened, following strong cloud growth, Copilot updates and new hardware, despite concerns over heavy infrastructure spending.

Tony Jackson Oct 10, 2026

Amazon Shares Rise 2.8 Percent to $261, a Week Before Earnings and Days After the Alexa Tablet Launch

Amazon shares rose 2.8% to $261.09 on Friday after a sharp decline the previous session, ahead of the company's October 29 earnings report and amid new tablet launches.

Mike Clair Oct 10, 2026

Microsoft Surface Laptop Ultra Takes Aim at MacBook Pro With $2,599 Price, Nvidia RTX Spark Chip and 128GB RAM

Microsoft has opened pre-orders for the $2,599 Surface Laptop Ultra, a high-end 15-inch Windows laptop powered by Nvidia's RTX Spark chip and aimed at creative professionals, developers and AI researchers.

George Anton Oct 09, 2026

Intel Shares Fall 3 Percent to $109 as Reports of Elon Musk's Terafab Talks With TSMC Hit the Foundry Bet

Intel shares fell 3.21% after reports that Elon Musk's Terafab project is discussing a dedicated fab with TSMC, raising fresh doubts about Intel's foundry ambitions ahead of earnings.

Tony Jackson Oct 09, 2026

2. Jeff Bezos (Current net worth: $171B)

Jeff Bezos Says Blue Origin IPO Likely in Coming Years After Space Company Raises $10 Billion From Investors

Jeff Bezos says Blue Origin could become a public company in several years after raising $10 billion from outside investors, as it competes with SpaceX and expands its operations.

George Anton Oct 08, 2026

Apple's Tim Cook Sold $63.8 Million in Stock Under a May Plan, One Day After Restricted Shares Vested

Tim Cook sold $63.8 million of Apple shares after restricted stock units vested, with the transaction conducted under a pre-arranged trading plan filed before he became executive chair.

George Anton Oct 08, 2026

Intel Stock Rebounds as CEO Lip-Bu Tan Says Chipmaker Stays in Elon Musk's Terafab Despite TSMC Talks

Intel shares rose after CEO Lip-Bu Tan said the company remains involved in Elon Musk's planned Terafab chip complex, easing concerns about TSMC's potential role.

Tony Jackson Oct 08, 2026

SanDisk Stock Rebounds Nearly 3% as AI Storage Boom Keeps NAND Tight Ahead of Oct. 29 Earnings Report

SanDisk shares rebounded nearly 3% as investors focused on strong AI data-centre demand, soaring NAND prices and the company's upcoming fiscal 2027 first-quarter results.

Mike Clair Oct 08, 2026

Penguin Solutions Stock Rockets 22% on AI Infrastructure Momentum and

Penguin Solutions Shares Jump 16 Percent to $74 After an Earnings Beat and a Higher 2027 Sales Outlook

Penguin Solutions shares rose 16% after fourth-quarter revenue and adjusted earnings beat estimates, with record memory sales and a fiscal 2027 outlook above Wall Street expectations.

Tony Jackson Oct 08, 2026

Nvidia Shares Climb to $237 as Blackwell Chips Power OpenAI's Faster GPT-6 Astra Ultrafast Inference Mode

Nvidia shares climbed as the company said OpenAI's faster GPT-6 Astra Ultrafast service runs on Blackwell processors, while investors weighed inference demand against regulatory and competitive risks.

Tony Jackson Oct 06, 2026

PTC Stock Soars 35% After Schneider Electric Agrees to Buy Software Maker in $22.6 Billion All-Cash Deal

PTC shares jumped more than 35% after Schneider Electric agreed to acquire the industrial software maker for $22.6 billion, expanding its industrial AI business.

Mike Clair Oct 06, 2026

Tesla CEO Elon Musk has a new title: Technoking

Elon Musk Says He Will Rename a Company After Agreeing to Swap AI for Trump's Super Intelligence Label

Elon Musk says he plans to rename SpaceXAI SpaceXSI after backing Donald Trump's "Super Intelligence" terminology, but no company statement or filing has confirmed the change.

George Anton Oct 05, 2026

Nvidia Raises the Seven-Year-Old Shield TV Pro by $100 to $299, Blaming Industrywide Surge in Memory Costs

Nvidia has increased the Shield TV Pro's price to $299.99, citing higher memory and component costs, despite the seven-year-old streaming box receiving no hardware refresh.

George Anton Oct 03, 2026

CXMT Shares Close 1.4 Percent Lower at 54.79 Yuan as China's DRAM Champion Presses a $5.2 Billion Buildout

CXMT shares fell 1.4% before China's National Day break, but remain far above their IPO price as investors assess DRAM production, expansion costs and valuation risks.

Mike Clair Oct 03, 2026

ChipMOS Closes Up Nearly 10 Percent at a Fresh 52-Week High as Memory Packaging Demand Drives Taiwan Shares

ChipMOS shares rose nearly 10% to NT$127 on heavy volume, extending a sharp rally as investors focused on recovering margins, stronger memory demand and planned capacity expansion.

Mike Clair Oct 03, 2026

ON Semiconductor Climbs After Replacing Its $7 Billion Stock Bid With a $5.7 Billion Cash Synaptics Offer

ON Semiconductor shares climbed after it replaced its proposed all-stock Synaptics acquisition with a $5.7 billion cash offer, reducing consideration and avoiding shareholder dilution.

Tony Jackson Oct 03, 2026

Synaptics Stock Soars 14% as Onsemi Switches to $5.7 Billion All-Cash Buyout After Rival Proposal Surfaces

Synaptics shares surged after onsemi agreed to acquire the chipmaker for about $5.7 billion in cash, replacing an earlier all-stock deal amid interest from an unnamed bidder.

Tony Jackson Oct 02, 2026

Cognizant Stock Jumps Nearly 8% as Accenture's Blowout Results Spark Rally in IT Services Amid AI Fears

Cognizant shares rose nearly 8% after Accenture reported strong earnings and bookings, easing concerns that generative AI could weaken demand for traditional IT services.

Tony Jackson Oct 02, 2026

Meta Takes Muse AI Agent to 200 Million Small Businesses as It Weighs Fees and Subscriptions to Cash In on AI

Meta is expanding its Muse AI agent to small businesses while considering transaction fees and subscriptions, as the company competes to make AI-powered commerce and services profitable.

George Anton Oct 02, 2026

Accenture will be speaking at Newsweek's next AI and Data Science in Capital Markets event in New York City.

Accenture Stock Soars 22% as Earnings Beat, Record Bookings and Upbeat 2027 Outlook Ease AI Disruption Fears

Accenture shares surged after the company exceeded quarterly earnings and revenue expectations, reported strong bookings and issued an outlook that eased concerns about artificial intelligence disruption.

Tony Jackson Oct 02, 2026

5 Ways China's Newly Public CXMT Could Threaten Samsung and

CXMT Shares Slip 1.4% as China's DRAM Champion Eyes $5.2 Billion Expansion Ahead of National Day Break

Shares in China's CXMT eased after a strong rally as investors weighed a reported $5.2 billion expansion, new G5 DRAM production and geopolitical risks.

Tony Jackson Oct 01, 2026

Data#3 Shares Soar Nearly 14% as IT Firm Guides to 40% Profit Jump, Bucking Sharp ASX Sell-Off Thursday

Data#3 shares surged nearly 14% after the IT services provider forecast first-half pre-tax profit above A$46.9 million, exceeding analysts' estimates despite a broad ASX sell-off.

Mike Clair Oct 01, 2026

5 Top KOSPI Stocks Investors Are Watching Right Now in

KOSPI Jumps Nearly 2% Toward 7,000 as Micron Blowout Revives Samsung and SK Hynix, Snapping Losing Streak

South Korea's KOSPI rose 1.95% as Micron's stronger-than-expected results boosted semiconductor shares, helping Samsung Electronics and SK Hynix recover despite pressure from global bond yields.

Mike Clair Oct 01, 2026

Gen Digital Stock Jumps Nearly 7% as Norton Owner Rebounds From GoDaddy Takeover Selloff on Upbeat Outlook

Gen Digital shares rose nearly 7% after a steep sell-off linked to reports of a preliminary GoDaddy takeover approach, as the company reassured investors about its strategy and outlook.

Mike Clair Oct 01, 2026

Tesla proposed a pay package of up to about $1 trillion for CEO Elon Musk, who has shifted his focus after exiting the Trump adminnistration

Elon Musk Says Delta CEO Ed Bastian Will Lose His Job After Airline Snubs Starlink for Amazon's Leo WiFi

Elon Musk predicted Delta CEO Ed Bastian would lose his job after the airline chose Amazon Leo over Starlink for in-flight Wi-Fi, a claim with no evidence offered.

George Anton Oct 01, 2026

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