Cloudflare Shares Jump 10% as AI Demand Boosts Q4 Results
Cloudflare stock climbs 10% after beating Q4 earnings and benefiting from rising AI-related demand for its services.
ai demand
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ASML Plans to Cut 1,700 Jobs to Streamline Management
ASML plans to cut 1,700 jobs to reduce management layers, even as AI-driven demand for its chipmaking tools remains strong.
Microsoft Denies Lowering AI Sales Targets After Report of Missed Foundry Goals
Microsoft pushed back against a report claiming it reduced growth targets for its AI products, even as multiple sales teams reportedly missed aggressive goals for Azure’s Foundry platform.