Tech
Tech Sector Reports Strong Growth
The tech sector reported strong growth in revenue and sales. SpaceX's AI division saw a significant increase, while AMD's data center unit grew by over 100%. However, Michael Burry warns of potential market downturns.
Coverage timeline — 3 articles
The Verge
SpaceX's AI revenue grew more than three times to $2.6 billion from the year before, mostly because of deals that the company made to provide compute to other AI companies, according to SpaceX's quarterly earnings. The AI division, which the company said in its documents to go public was the source
2026-08-04 20:47 UTC
CNBC
"I continue to believe it is possible we are near a major top, and possible a 1987-type fall," Burry said in a Tuesday Substack post.
2026-08-04 20:43 UTC
CNBC
AMD's Data Center unit is driving the company's growth, up 107% over last year.
2026-08-04 20:49 UTC