Meta

Artificial Intelligence

From iPads to XBoxes, Device Prices Soar as AI Hoards Memory Chips

Photo illustration by Connor Lin / The Daily Upside, Photo by Roberto Bucci via iStock

A shortage of memory chips is one of the biggest challenges facing the AI buildout, fueling both selloffs and rallies in the past week alone.

6 min read

Photo via Abaca Press/Jumeau Alexis/Abaca/Sipa USA/Newscom

Big Tech

Booming AWS Revenue Shields Amazon From Meta-Sized Backlash

CEO Andy Jassy hiked the company’s capex guidance about 10% to $220 billion, but investors loved a booming AWS business.

2 min read
Photo via Kathy Hutchins / Hutchins Photo/Newscom

Big Tech

With Apple Back on Top, CEO Tim Cook Preps for Earnings Curtain Call

Shares of Apple have risen 26% this year, enough to help it retake the market cap throne from momentary usurper Nvidia earlier this month.

2 min read
Photo via IMAGO/CFOTO/Newscom

Semiconductors

China’s Making Memory with its New Biggest Company

Changxin Technology Group, or CXMT for short, soared 466% in its debut yesterday on Shanghai’s STAR Market.

2 min read

Artificial Intelligence

‘Modelmaxxing’ Replaces ‘Tokenmaxxing’ for Firms Grappling With AI Costs

Photo illustration by Connor Lin / The Daily Upside

Faster, cheaper models from DeepSeek, Moonshot and other Chinese firms let users prioritize AI cost-effectiveness, undercutting US giants.

5 min read

Semiconductors

Broadcom Selloff Shows Breaking Records Doesn’t Satisfy ‘Perfection’-Seeking AI Investors

Photo via IMAGO/Vernon Yuen/IMAGO/Nexpher Images/Newscom

Broadcom expects AI-related chip revenue to climb 200% to $16 billion in the current quarter, short of Wall Street’s most bullish forecasts.

2 min read

Big Tech

Meta Lags Rival Hyperscalers as Investors Grow Wary of Surging CapEx

Photo via Tom Williams/CQ Roll Call/Newscom

Meta is planning a spending spree later in this year, raising its expected annual capital expenditures from $115 billion to $135 billion.

2 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.