Top Companies' AI Moves

Today's Stories

1. 1

   Goldman Sachs Says AI Will Eliminate 15 Million US Jobs

   Goldman Sachs Says AI Will Eliminate 15 Million US Jobs

2. 2

   Mega events lift Swire Coca-Cola HK sales as firm sharpens AI and sustainability push

   Mega events lift Swire Coca-Cola HK sales as firm sharpens AI and sustainability push

3. 3

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4. 4

   Applied Materials Stock Soars 260% but Trading at 54.7× Earnings—Is It Worth It?

   Applied Materials, the chipmaking-equipment manufacturer, has surged 260% over the past year and posted record revenue and earnings, driven by what management calls a "rapid global build-out of AI computing infrastructure." The stock now trades at a price-to-earnings ratio of 54.7, more than double the S&P 500's 24.3 multiple. The company is positioned at the center of the AI race—it makes the machinery that allows others to manufacture the chips that power AI systems. Management expects its "semiconductor equipment business will grow more than 30% this calendar year," and it maintains an operating margin of 30.1%, far above the S&P 500 average of 18.4%. However, investors are paying a steep premium that assumes this growth will sustain for years, not prove to be a one-time spike.

   The company's primary constraint is its supply chain, not demand—management noted that "it takes time for the supply chain to respond" even as its own factories can scale. Additionally, China accounted for 24% of revenue last quarter, and potential trade restrictions represent an external risk that could affect future growth. Success hinges on whether Applied Materials can translate its record demand into actual shipments and sustained delivery on targets.

5. 5

   ON Semiconductor to acquire Synaptics for $7B to boost AI chip push

   ON Semiconductor announced a $7B deal to acquire Synaptics, aiming to add Astra AI processors (which include MPUs, MCUs, and integrated NPUs) to its product lineup. The acquisition is intended to strengthen ON Semiconductor's artificial intelligence strategy. Investment firm Citi sees potential in the move, though it has flagged that more details are needed to fully assess the deal's impact.

   Citi's conditional support suggests the market is waiting for additional disclosure—likely around integration plans, product roadmap, and how the Synaptics portfolio will be deployed in ON Semiconductor's AI offerings.

6. 6

   Coca-Cola names new CEO in Q1 2026, signals shift to AI-native leadership

   Henrique Braun will become Coca-Cola CEO in Q1 2026, replacing James Quincey, who will transition to Executive Chairman. Quincey stated that the next wave of growth demands a different kind of leader, one better equipped to navigate the impact of artificial intelligence. Coca-Cola is aggressively integrating AI across operations—from marketing and supply chain to workforce management—which has driven efficiencies but also workforce restructuring. The company's employee count fell from 79,100 in 2023 to 65,900 in 2025. Meanwhile, growth in 2025 has relied more on pricing power than volume expansion, as consumers shift away from traditional sugary sodas toward low-sugar and functional beverages, threatening the company's core products.

   Braun inherits a profitable, cash-rich company but faces the critical challenge of stalled volume growth and shifting consumer preferences. His mandate from the board is to accelerate innovation in functional drinks, energy beverages, and health-focused segments without drifting from core competencies. Success will hinge on driving growth in these new categories while balancing disciplined capital allocation against intense competition.