Tag: Revenue increase
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Arm Holdings Gives Below-Expectations Sales Outlook, but Beats Full-Year Forecast Amid AI Chip Boom
Arm Holdings gives below-expected sales outlook for Q3 but beats full-year forecast. Growing demand for AI chip designs presents growth opportunities. Arm's Q2 revenue increased but royalty revenue affected by chip glut. Overall prospects remain strong.
Google Cloud Struggles as Customers Cut Costs, Revenue Up 11%
Google Cloud faces challenges as customers cut costs, impacting profitability. Despite this, Alphabet remains optimistic about future growth opportunities.
Dell’s AI Server Orders Surge Past $2bn, Fuelling Data Centre Segment Growth
Dell's data centre equipment business sees profitable growth as AI server orders exceed $2 billion. Strong demand and challenges ahead.
X App Faces Decline in Downloads and Active Users Following Rebranding, but Sees Unexpected Increase in Revenue
Controversial rebranding of Twitter to X leads to decline in users but unexpected revenue increase. Find out more about the platform's transition and its ambitions to revolutionize social media.
Nvidia Exceeds Expectations with $13.5B Revenue in Q2 FY2024, Driven by AI and Data Center Growth, US
Nvidia's outstanding Q2 fiscal results reveal a 101% revenue increase driven by AI and data center growth. Impressive momentum for the tech giant.