News
Meta reportedly strikes multi-billion dollar AI chip deal with Google as it struggles to design its own
1+ hour, 53+ min ago (552+ words) Meta has signed a deal with Google to rent tensor processing units (TPUs) to develop new AI models and is in talks to buy the chips for its data centers, the Information reports. The agreement comes on top of a…...
IDC: Worldwide smartphone market to decline more than ever in 2026 due to memory shortage driving up costs
17+ hour, 27+ min ago (1629+ words) Smartphone shipments are expected to decline 13% " the biggest drop ever " to 1.12 billion in 2026, according to new data from IDC, as the memory shortage drives up costs and prices for phones. The firm expects the average smartphone selling price to jump…...
Sandisk rises on partnership with SK Hynix to standardize memory chip architecture tailored for AI data centers
1+ day, 6+ hour ago (1695+ words) SandiskSNDK $651.00 (-0.95%) is up 3% in premarket trading on Thursday after it began its global standardization strategy of High Bandwidth Flash (HBF) memory solutions with SK Hynix. SK Hynix commented in a press release on Thursday that, "by making HBF an industry…...
Sandisk sinks more as product release underwhelms market
2+ day, 18+ hour ago (48+ words) Sandisk sinks more as product release underwhelms market'Sherwood News Sandisk's online event marking the one-year anniversary since being spun off from Western Digital seems to be something of a damp squib. You have to announce something big to live up…...
Chinese drone maker DJI sues to overturn FCC foreign drone ban
2+ day, 19+ hour ago (1744+ words) Chinese drone maker DJI has filed a lawsuit against the FCC challenging the December 2025 decision that effectively bans all foreign drones and components from the US market. DJI and all other foreign drone makers were added to the FCC's "covered…...
Sandisk slides on Citron short announcement
3+ day, 2+ hour ago (428+ words) Sandisk'sSNDK $633.00 (-5.02%) roughly 1,200% run-up over the last year " it was spun off from Western DigitalWDC $272.86 (-2.70%) exactly a year ago " took a breather early Tuesday, after well-known stuff-stirrer Citron Research, short seller Andrew Left's firm, announced it was short the stock. In…...
Sandisk shakes off slide from secondary offering
3+ day, 21+ hour ago (906+ words) Sandisk continued to shake off a slump that hit the shares last week after it priced a secondary offering of almost 6 million shares owned by its former parent, Western Digital. Tomorrow marks a year since Sandisk started trading on its…...
Sandisk drops after Western Digital confirms plan to unload $3 billion in stock
1+ week, 2+ day ago (1763+ words) Western DigitalWDC $283.70 (0.92%) is cashing in more of its SandiskSNDK $578.80 (-5.77%) position. The hard drive seller is exchanging more than $3 billion in Sandisk shares as part of a debt-for-equity swap. The two companies were once one, but Western Digital spun off a…...
Sony is reportedly considering pushing the PlayStation 6 to 2028 or 2029 as AI RAM demand squeezes consumer electronics
1+ week, 3+ day ago (1760+ words) AI's ongoing need for more memory chips, which some are referring to as "RAMmageddon," is reportedly shifting Sony'sSONY $22.65 (-1.60%) plans for its next PlayStation console. According to reporting by Bloomberg, the company is weighing a delay of the PS6 to 2028 or 2029 " a…...
Meta is bringing back facial recognition for its smart glasses
2+ week, 18+ min ago (460+ words) Meta is reviving its highly controversial facial recognition efforts, with plans to incorporate the tech into its smart glasses as soon as this year, The New York Times reports. Now, according to an internal memo reviewed by the Times, Meta…...