Artificial Intelligence News 21 October 2025 - 23 October 2025

Earnings Beat on Surging Demand Lam Research (NASDAQ:LRCX) handily beat forecasts for its fiscal Q1, as demand for cutting-edge chipmaking gear remains hot. The Fremont, CA company reported $5.32 billion in revenue and $1.26 EPS (non-GAAP) for Q1, versus analyst estimates of $5.22 B and $1.21timesunion.cominvesting.com. On a GAAP basis Lam earned $1.57 B ($1.24 per share)timesunion.com. These results, aided by strong year-on-year growth in both logic and memory equipment, “significantly surpassed analyst expectations” and underscore Lam’s role as a bellwether of chipmakers’ AI-driven spendingmarkets.financialcontent.cominvesting.com. Management’s guidance was equally positive. Lam forecast Q2 revenue of ~$5.20 B (±$0.3B) and EPS around $1.15 (±$0.10)investing.comstocktitan.net –

Intel’s stock has clearly become a focal point for traders betting on a turnaround. The last week saw volatile action: shares leapt about 3% on Oct. 20 to ~$38.10 (near recent highs), then eased slightly on Oct. 21ts2.tech. Over the past month the stock has pulled back roughly 10% from its early-October peak, but dip-buyers have defended prices in the mid-$30sts2.techts2.tech. Options markets indicate traders expect an unusually large post-earnings swing (about ±10%) after the Q3 report on Oct. 23investopedia.com, suggesting possible targets near ~$42 or ~$32 in the short term. Blockbuster Deals and AI Hype Fuel Intel’s Surge Intel’s

With Q3 earnings (Nov. 3) looming, investors will watch whether Palantir can sustain this torrid pace or if profit-taking ensues. The company’s defense and AI momentum is real – Saxo’s Jacob Falkencrone notes Palantir is “becoming an indispensable partner for enterprises in the AI revolution” reuters.com – but the stock’s stratospheric run also leaves little margin for error. As one strategist put it, “the stock is trading at what is frankly an absolutely wild valuation”, so any slowdown or market rotation could trigger a sharp pullback qz.com. Sources: Recent reports from TechStock² (TS2) and Reuters detail Palantir’s massive AI/defense contracts

Post-Atlas Selloff and Anthropic News Rekindle Rally Alphabet’s stock briefly tumbled Tuesday (Oct. 21) after OpenAI unveiled the ChatGPT Atlas browser, a direct challenge to Google Chrome. The stock closed at $250.46 on Oct. 21 (down ~2.4%) timesofindia.indiatimes.com investing.com after initially plunging as much as 4.8% intraday. OpenAI’s Atlas integrates ChatGPT into web browsing and includes an “agent mode” for automating tasks apnews.com apnews.com. Analysts warned this could threaten Google’s search ad franchise. “It will be a big challenge competing with a giant who has ridiculous market share,” noted Forrester analyst Paddy Harrington about OpenAI’s browser contesting Google’s dominance apnews.com.