Equinix shares fall on soft third-quarter forecast
July 29 : Equinix shares fell 3 per cent on Wednesday as soft third-quarter forecast overshadowed a raised full-year and long-term outlook.Here are some details:• For the third quarter, Equinix expects revenue of $2.53 billion to $2.58 billion, the midpoint of which is below analysts' estimate of $2.58 billion.• Equini
SK hynix Q2 profit jumps 557% on AI chip demand, misses forecasts
South Korean chipmaker SK hynix reported a 557 percent increase in quarterly operating profit to a record high on Wednesday, driven by robust demand for advanced memory chips as big technology firms ramped up spending on AI data centres. The Nvidia supplier reported an operating profit of 60.5 trillion won ($41.6