Hon Hai Precision Industry Co. expects sales of servers to more than double this quarter while its consumer electronics business dwindles, underscoring how it’s relying on the AI boom to offset ...

Foxconn Technology (OTCPK:FXCOF) reported a better-than-expected 27% rise in profit in the second quarter and forecast higher sales growth in its AI server business in the third quarter. The Apple ...

Reports of Oracle layoffs indicate cloud units in the US and India have primarily been affected, with reports emerging from ...

Son is also pursuing a $6.5 billion acquisition of Ampere Computing and reportedly eyeing up to $30 billion in OpenAI funding ...

Layoffs: In a June regulatory filing, Oracle had noted that it periodically reshapes its workforce due to strategy changes, ...

Oracle is laying off 161 workers in Seattle, according to a filing with the Washington state Employment Security Department. The cloud and database giant has more than 400 employees in the Seattle ...

As people turn to chatbots for increasingly important and intimate advice, many are concerned over how much AI can warp a ...

ORCL's cloud growth impresses, but rich valuation warrants caution. You can hold or wait for better entry points in 2025 as ...

Monarch's tractors were the only vehicles being built by Foxconn in Ohio after Lordstown Motors, Fisker Inc., and IndiEV went ...

Oracle layoffs come as the company pours billions into building massive data centers for AI, pushing its cash flow into the ...

Oracle ( NYSE: ORCL) is cutting jobs at its cloud unit, Bloomberg News reported, citing people with knowledge of the matter.

Behind your ChatGPT and Gemini queries, there's a land grab happening to keep up the fevered pace of gen AI's growth. The ...