AI and chips
- Memory‑chip maker Sandisk posted a “thumping” quarter driven by AI‑data‑center demand and announced a large buyback along with at least $42 billion in long‑term contracts, signaling continued strong investment in AI storage.
- Huawei is reportedly expecting AI‑chip revenue to jump at least 60% this year, as Chinese firms increasingly turn to domestic AI silicon amid U.S. restrictions.
- Western Digital and Seagate are also signaling strong AI‑storage bookings, confirming that hypervisor and cloud spending on AI‑tuned storage remains robust.
Big‑tech earnings and AI push
- Apple’s Tim Cook warned investors of an “extended memory crunch,” saying the company may need to explore alternative memory sources or configurations as AI‑driven demand strains supply.
- GoDaddy raised its quarterly revenue forecast, banking on its AI‑powered tools for small‑business websites and marketing to drive growth.
- Alphabet continues to pour money into AI infrastructure and models, and its stock has already climbed close to 12% year‑to‑date on growing confidence that the AI bets are paying off.
Chinese EVs and AI features
- China’s EV makers are shifting from a pure price war into an AI‑driven feature race, adding advanced in‑car assistants, autonomous‑driving‑style services, and personalized infotainment to stand out.
- However, analysts note that these AI features are becoming commoditized quickly, as every major brand rushes to add similar capabilities.
Startups and AI valuation buzz
- Anthropic is reportedly preparing a potential funding round that could value it around $900 billion or more, underlining how hot AI‑native startups remain in the markets.
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