Silicon Motion Revenue Jumps 131% as AI Storage Scales
Silicon Motion revenue more than doubled in the third quarter as enterprise SSD controllers and AI storage products lifted sales and margins.
Silicon Motion revenue more than doubled in the third quarter as enterprise SSD controllers and AI storage products lifted sales and margins.
NXP reported $3.79 billion in third-quarter revenue, stronger margins and a new $5 billion share-repurchase authorization.

A Bank of England-FCA survey found 86% of respondents use AI, while agent deployment reached 80% but broad autonomy remained rare.

Anthropic filed a public S-1 for a proposed Nasdaq listing under ANT, while leaving the share count, price range and trading date open.

IBM introduced identity, access and containment controls for enterprise AI agents across HashiCorp Vault and watsonx Orchestrate.

Rambus posted record Q3 revenue of $218.3 million as product sales and AI-linked memory demand rose, then guided Q4 revenue higher.

Cadence raised its 2026 outlook after Q3 revenue rose 22% to $1.633 billion and backlog reached a record $8.2 billion.

Pony.ai, inDrive and NVIDIA will assess a Gen-7 robotaxi service in Astana, subject to a government agreement and local feasibility testing.

Otovo completed a $3 million private placement, taking capital raised above $40 million as it funds acquisitions and its Endurance AI platform.

Tempus AI’s BMS and Pathos agreements set a $192.5 million multi-year payment framework for oncology and neurology data and AI tools.