Microchip Tech forecasts upbeat quarterly revenue on strong demand

Aug 6 : Microchip Technology forecast second-quarter revenue and profit above Wall Street estimates on Thursday, on strengthening demand for its chips used in AI data centers as well as the industrial, automotive and aerospace sectors.The company has benefited from a cyclical recovery in key end-markets, including indu

Roku surged past Wall Street expectations in the second quarter, with revenue and earnings ahead of analysts’ expectations. Earnings per share hit $1.08 on a diluted basis, up from 7 cents a share in the year-earlier period. Total revenue climbed 22% to $1.35 billion, paced by a 25% rise in platform revenue driven equa

Sandisk forecasts upbeat quarterly revenue on AI-driven demand  Reuters

Canada’s Shopify projected current-quarter revenue growth above Wall Street estimates on Wednesday, signaling the company’s AI efforts were drawing more merchants to its suite of e-commerce services and driving broader consumer demand.

Chip Maker Infineon Forecasts Strong Revenue Growth on Booming AI Demand  WSJ

SpaceX doubled its revenue compared to last year, according to its first quarterly earnings since going public in June.