
Lenovo rides AI PC hype to record sales
Claims top spot in smart boxes while rivals scramble
Lenovo has kicked off its fiscal year by flogging more PCs than ever and is crowing about its AI leadership.

Foxconn surprises Wall Street
iPhone assembly into second place
Hon Hai, better known as Foxconn, did much better than expectations with its second quarter numbers.

AMD’s AI chip hype falls flat
Santa Clara outfit fails to impress investors with sluggish data centre gains
AMD fluffed its lines again in the AI chip race, posting second-quarter data centre revenue that barely moved the needle despite the market frenzy around artificial intelligence.

Microsoft hits $4 Trillion market cap
Redmond rides GenAI gold rush
Software King of the world, Microsoft's share price briefly cracked the $4 trillion mark on Thursday, making it only the second outfit in history to do so, before it promptly slid back to $3.96 trillion.

Qualcomm shrugs off Apple breakup with $10.37bn earnings beat
Snapdragon pulls 61 per cent of revenue as chipmaker bets on glasses, cars and clouds
Qualcomm has managed to beat the cocaine nose jobs of Wall Street’s estimates for Q2 2025, pulling in a tidy $10.37 billion in revenue, even as the clock ticks down on its once-lucrative relationship with the Fruity Cargo Cult Apple.

Apple faces earnings test as Wall Street eyes cracks in empire
Flat iPhone sales, legal threats to App Store and Google deal unsettle investors
The Fruity Cargo Cult Apple is about to unveil its latest earnings report, and the cocaine nose jobs of Wall Street are getting twitchy. Despite a stock price that’s multiplied ninefold since 2015, Apple hasn’t sold more iPhones in 2024 than it did a decade ago.

TSMC Reports Strong Q2 Revenue
Thanks to AI
Taiwanese chipmaker TSMC has laughed all the way to the bank this quarter, reporting revenue of T$933.8 billion or about €26.1 billion, which beat market expectations and its own guidance.

ASML’s near monopoly feels the heat
AI’s favourite chip etcher hit by delays, tariffs and shaky demand
ASML might hold a near-monopoly on the machines that make advanced chips, but even kings can wobble.

Samsung braces for worst quarter
US chip curbs and HBM3E delays dent profit forecast
Samsung Electronics stunned markets by forecasting a 56 per cent plunge in second‑quarter operating profit to Won 4.6 trn (€3.3 bn, which is its weakest performance in six quarters.

Broadcom rakes in VMware cash and bets big on AI
Turns out that threatening customers for using software they paid for works
Broadcom’s decision to swallow VMware and then do its best to infuriate its suppliers and customers seems to have paid off with the outfit posting $15 billion in second quarter revenue, up 20 per cent from last year.