Cisco’s ‘record highs’ face AI earnings reality check May 13, 2026 Cisco is set to report its quarterly earnings after the bell on Wednesday, and Wall Street is looking for evidence that the software giant’s AI-fuelled rally still has legs. Investors expect the Silicon Valley group to post third-quarter revenue of roughly $15.56bn (£11.52bn), up from $14.15bn a year ago, with earnings per share forecast at [...]
Arm’s AI ambitions hit supply chain reality despite record revenues May 8, 2026 Computing giant Arm has spent the last twelve months posing as one of the AI boom’s biggest beneficiaries, but the British chip maker’s latest results exposed that the semiconductor supply chain is lagging behind demand. The Cambridge-born company posted record quarterly revenues of $1.49bn (£1.09bn) and annual revenues of $4.92bn on Wednesday, marking its third [...]
Fermi rebuffs ousted chief’s bid to regain control of board May 6, 2026 Fermi has rebuffed a bid from its ousted chief executive to wrest back control of the data-centre giant by gaining a seat on its board. In a stock exchange filing on Wednesday, the embattled London-listed group accused its defenestrated co-founder, Toby Neugebauer, of trying to pack its board with apparatchiks to regain the reigns at [...]
AMD stock soars as AI chip demand drives quarterly results May 6, 2026 Advanced Micro Devices (AMD) sent its stock soaring after flying past Wall Street estimates for the first quarter of the year, thanks to swelling AI infrastructure demand. AMD shares rose 15 per cent after hours on Tuesday, after the Santa Clara-headquartered chipmaker reported $10.3bn revenue, up 38 per cent on the same period last year. [...]
Big Tech earnings to test AI demand – and Nvidia surge April 28, 2026 Big Tech earnings this week are expected to provide a clearer picture of the AI state of play, with results from Microsoft, Alphabet, Meta and Amazon set to offer updates on capital expenditure and AI-related revenues. The results come as Nvidia, the booming chip darling, closed last week at a record high, taking its market [...]
British firm Stellanor snaps up data centre amid scramble for AI capacity April 8, 2026 Stellanor Datacenters has expanded its UK footprint with the acquisition of a specialist facility from Imagination Technologies, as demand for AI infrastructure continues to surge. The deal, structured as a ‘sale-and-service-back’ agreement, will see Imagination remain in the Hemel Hempstead site as a customer, while Stellanor takes ownership and integrates the facility into its growing [...]
Oracle chops headcount as AI reshapes Big Tech workforce April 1, 2026 Oracle has begun a new round of global job cuts, as the software giant ramps up spending on AI infrastructure and follows a broader wave of layoffs across Big Tech. Employees across multiple divisions, including cloud, health, sales and Netsuite, were informed on Tuesday that their roles had been eliminated with immediate effect. In a [...]
Why the AI boom can’t be compared to the dotcom bubble March 30, 2026 Fears that the AI boom is heading for a dotcom-esque crash have been simmering for quite some time now, as tech stocks wobble and valuations reset. But new data suggests the comparison is flawed, and risks missing what is actually happening in the market. According to Redpoint Ventures’ 2026 market update, today’s AI cycle is [...]
Why Westminster’s finest keep ending up on Big Tech’s payroll March 26, 2026 There is a sense of irony in that the employees Silicon Valley’s tech giants most want to hire, are actually the ones who spent years in the public sector trying to work out what to do about them. Nick Clegg, who served as deputy Prime Minister sat through more than one anxious Whitehall discussion about [...]
Arm is opening a chip shop. This could be transformative March 26, 2026 Fascinating news came on Tuesday night that semiconductor designer Arm confirmed rumours that it would be launching its own chip. For those not in the know, Cambridge-based Arm has so far only focused on semiconductor architecture – the blueprint that determines how chips work – and then licences that out to tech firms who choose [...]