This AI giant is facing pressure from two negative market sentiments.
While global markets panic over rising oil prices and geopolitical tension in the Middle East, Bitcoin is doing something unexpected. Typically, when fear grips the market, investors flee to Gold or the US Dollar. Yet, as Gold prices dipped below $5,100 and equity markets wobbled, the BTC price $73,000 milestone ...
For the first time, the world's largest contract electronics maker has issued a full-year revenue outlook, and the message is unambiguous: the AI infrastructure boom has years to run. Bury the profit miss. The more consequential number out of Foxconn on Monday is the one the company has never...
IREN (NasdaqGS:IREN) has secured a $9.7b, 200 MW infrastructure agreement with Microsoft to supply capacity for AI workloads. The deal supports IREN's shift away from a pure crypto mining focus toward broader AI infrastructure services. The agreement includes substantial funding commitments from Microsoft, without immediate dilution for existing shareholders. For investors tracking IREN at a current share price of $41.58, the Microsoft contract introduces a new reference point for the...
Taiwanese tech giant Foxconn on Monday said it expected the booming market for artificial intelligence servers to drive growth this year, despite volatility caused by global conflict."However, driven by the strong growth of AI servers, I believe 2026 will still be a very good year, and we expect to see robust growth."