LOS ANGELES, March 24, 2026 (GLOBE NEWSWIRE) -- XMax Inc. (NASDAQ: XWIN, “XMax” or the “Company”) today announced that its Board of Directors has approved a strategic expansion into artificial intelligence (“AI”) while continuing to operate and develop its existing furniture business. The initiative is designed to diversify revenue streams and position the Company for long-term growth amid challenging conditions in the furniture market. Under the new strategy, XMax plans to enter several high-growth AI segm ...

RT Ashok Elluswamy (@aelluswamy)Extreme AI software - AI hardware - Semiconductor fabrication co-design! ...

Core Viewpoint - Supermicro's stock plummeted over 28% following the indictment of its co-founder and two associates for illegally smuggling AI technology to China, raising concerns about the company's compliance and governance [2][3][5]. Company Summary - Supermicro's shares fell to their lowest level since late 2024, driven by ongoing issues including the resignation of its auditor and delays in regulatory reporting [4]. - The Department of Justice has charged co-founder Yih-Shyan "Wally" Liaw, an employee, and a contractor with conspiring to violate U.S. export laws by sending billions of dollars worth of servers with Nvidia AI chips to China [2][5]. - In response to the charges, Supermicro has placed Liaw and the employee on leave and terminated its relationship with the contractor, asserting full cooperation with the investigation [2]. Industry Summary - Nvidia has emphasized its commitment to compliance with export regulations and stated that it does not support the unlawful diversion of its technology to China [2]. - Despite strong AI sales, analysts express concerns that ongoing accounting issues may overshadow investor confidence in Supermicro [6]. - Over the past 12 months, Supermicro's stock has lost more than 40% of its value, reflecting broader challenges within the company [7].

Group 1 - Apple has experienced significant leadership turnover, including the departure of key figures such as AI chief John Gandrea and top design executive Alan Dy, amidst ongoing challenges in product development [2][3] - The company has faced delays in launching its smart home display due to an incomplete redesign of Siri, which has been postponed for over a year [1][4][5] - Apple's Vision Pro has struggled to find a market, and the company is now investing heavily in a new generation of AI hardware, while also dealing with the implications of losing talent to competitors like Aura [2][4] Group 2 - The departure of Brian Lynch, who led hardware for the smart home display and previously worked on the self-driving car project, highlights the loss of institutional knowledge tied to high-profile initiatives that did not materialize [1][2] - Apple is approaching its 50th anniversary while grappling with the fallout from a decade-long investment in a car project that ultimately did not launch [3] - The ongoing challenges with Siri's AI overhaul and the smart home display reflect broader issues within Apple's product development strategy [4][5]

Hewlett Packard Enterprise CEO Antonio Neri discusses the demand for AI hardware that drove the company’s sales forecast above analysts’ estimates. Neri joins Caroline Hyde and Ed Ludlow on "Bloomberg Tech." -------- Like this video? Subscribe to Bloomberg Technology on YouTube: https://www.youtube.com/channel/UCrM7B7SL_g1edFOnmj-SDKg Watch the latest full episodes of "Bloomberg Technology" with Caroline Hyde and Ed Ludlow here: https://www.youtube.com/playlist?list=PLfAX25ZLrPGTygCwn55voYZ_LYyKjxokJ Get th ...

AI Infrastructure Driving Record GrowthThe company's momentum score—a percentile-ranked metric measuring price strength and volatility—surged week-on-week from 89.27 to 92.92, placing the foundry in the top 10% of all stocks tracked by Benzinga Edge.The momentum spike follows a historic January for the Taiwanese economy, where exports surged 70%—the fastest pace in 16 years—fueled almost entirely by AI hardware.Analysts note that TSM's ability to deliver complex architectural shifts on schedule has maintain ...

Market Overview - The Dow Jones Industrial Average closed above 50,000 for the first time, rising about 2.5% to 50,115.66, while the S&P 500 and Nasdaq Composite also saw significant gains of 1.97% and 2.18% respectively [1][3] Key Market Movers - Semiconductor companies, particularly Nvidia, led a strong rebound in AI hardware, with Nvidia's stock increasing by 8.01% [2] - MicroStrategy, which is heavily exposed to cryptocurrency, surged approximately 26.11% as Bitcoin rebounded to over $70,000 [2][5] - In contrast, Amazon's stock fell by 5.49% due to a substantial capital expenditure plan for 2026, and Micron Technology's stock decreased by 3.08% due to lowered expectations for HBM4 memory chips [2][4] Investor Sentiment - The overall market rally has reinforced confidence in the ongoing bull market, suggesting that it may not be nearing an end [3] - Despite the positive momentum, a prior sell-off earlier in the week resulted in a loss of $1.5 trillion from high-performing tech stocks, indicating mixed sentiment among investors [4]

-- Here's How Much Traders Expect AMD Stock To Move After Earnings [Major Indexes Slide as Tech Stocks Tumble][Palantir Stock Soars on Strong Earnings, Outlook][Data Blackout Returns As Shutdown Delays Jobs Report][Where Are Gold and Silver Prices Headed Next?]- Top StoriesAMD is expected to report record fourth-quarter revenue, driven by data center sales growth. Here, CEO Lisa Su is seen speaking last month at the CES consumer electronics trade show in Las Vegas.Bridget Bennett / Bloomberg / Getty ImagesC ...

Seoul stocks renew record high on AI confidence amid U.S. tariff woes - UPI.comTrending[China, Myanmar][LA Chargers][Minnesota refugees]['Little Miss Sunshine'][Board of Peace][Mountain lion][UNRWA demolition][Lottery bouquet][World News]Jan. 30, 2026 / 4:57 AMSouth Korea's KOSPI index closed at a record high on Friday, as seen on a board at the dealing room of Woori Bank in Seoul. Photo by YonhapSouth Korean stocks closed a tad higher Friday to extend their winning streak to a fourth session to a new recor ...

Sometimes in discussions about artificial intelligence (AI) hardware providers, Broadcom (NASDAQ:AVGO) gets left out of the conversation. ...