Sandisk Revenue Soars on AI Data Storage Demand - WSJ

Sandisk Revenue Soars on AI Data Storage Demand  WSJ

Lilly’s sales were driven by higher-than-expected demand for Mounjaro and Zepbound, its GLP-1 drugs for Type 2 diabetes and weight loss.

South Korean artificial intelligence chip startup FuriosaAI said Wednesday it will supply more than 8,800 of its RNGD inference accelerators for a new artificial intelligence data center being developed in Stockholm. The 15-megawatt project is being developed with US AI infrastructure company I/ONX HPC and data center

AMD's AI-powered revenue forecast fails to wow investors  Reuters

Aug 4 : Arista Networks forecast third-quarter revenue above Wall Street estimates on Tuesday, betting on strong demand for its networking gear as companies expand their AI infrastructure.The company has been expanding beyond its core cloud customer base into enterprise campus and branch networking to diversify its rev

Tech company posts second-quarter results with US sales climbing 23%