Micron announces exit from consumer business to focus on AI demand
With a lot of AI mouths to feed amid a supply crunch for memory chips, has made the decision to exit its consumer chip business (which goes by the brand name “Crucial”). “The AI-driven growth in the ...
POET Technologies soars as Marvell’s acquisition of Celestial AI validates its potential role in the AI boom
is ramping in premarket trading as investors believe that ’s acquisition of Celestial AI validates its technology and bolsters its sales outlook. Along with its Q3 results released after the close on ...
Marvell Technology soars after CEO targets $10 billion in revenues next year
initially fell in after-hours trading after the chip company posted Q3 results modestly ahead of estimates with Q4 guidance in line with analysts’ expectations, but turned those losses into massive ga...
Nvidia pares gains after Amazon launches newest AI chip
The problem with being the king is that everyone’s trying to get their hands on your shiny crown. Shares of pared gains after Amazon publicly launched its custom chip, called the Trainium3, as part o...
Intel soars to 52-week high on most bullish options activity since report of US government stake
is powering its way to a fresh 52-week high on a boatload of bullish options demand and little fundamental news. Nearly 250,000 calls have changed hands an hour into the trading day, which is roughly ...
Credo soars on record Q2 results fueled by hyperscaler demand
surged more than 18% in premarket trading on Tuesday after the cable solutions provider, which makes many products used in AI data centers, delivered Q2 results that blew past Wall Street’s expectatio...
Traders are pricing in a big swing in AI chip market share to Broadcom from Nvidia
The story within the AI trade lately has been: Google’s a winner , and OpenAI is a... well, to be kind, non-winner . Companies closely tied to the former, like , which codesigns the TPUs that Gemini 3...
Synopsys jumps after Nvidia announces $2 billion investment as part of strategic partnership with the electronic design automation firm
spiked after announced a $2 billion purchase of its stock as part of a partnership between the two firms to “design, simulate, and verify intelligent products with greater precision, speed, and at lo...
SoftBank founder Masayoshi Son was “crying” over selling Nvidia, says “I wish to have unlimited money”
’s CFO made it clear a few weeks ago that the Japanese investment firm’s sale of its $5.8 billion position in October had “nothing to do” with the chip designer. Speaking at the FII Priority Asia foru...
Chinese tech giants are training their models offshore to sidestep US curbs on Nvidia’s chips
Nvidia can’t sell its best AI chips in the world’s second largest economy. That’s an problem. But it’s also a China problem — and it’s one that the region’s tech giants have resorted to solving by tr...
What the reaction to Google’s potential entry into selling chips tells us about the AI trade
A report from The Information suggesting that is in talks to begin selling its custom TPU chips to has spurred huge market moves and a ton of commentary about what this means for the major players i...
Lumentum soars 50% in November as Wall Street and retail traders gush over the Google supplier
The Google halo effect is the new Nvidia halo effect. Shares of optical and photonics company have been on a tear in November, up nearly 50%. Its components help information move around quickly in da...
Sandisk jumps on S&P 500 inclusion announcement
was up as much as 6% in premarket trading after S&P Global announced that the flash memory card maker will join the S&P 500 Index on November 28, 2025, replacing advertising giant Interpublic Group, w...
Google jumps, Nvidia and AMD fall on report that the search giant is in talks to sell “billions of dollars” of its custom AI chips to Meta
jumped in after-hours trading while and dropped on the heels of a report from The Information that has the search giant muscling in on the chip designers’ turf. Per the report , is in discussions w...
Broadcom soars as rave reviews for Gemini 3 boost appeal of its custom chips
When spectators saw Michael Jordan blossom as a basketball star, it made them want to buy Nike’s Air Jordans. Mizuho reckons there’s a similar halo effect for based on the rave reviews for latest Ge...
Musk: We will build AI chips at higher volumes “than all other AI chips combined”
In a late-night post on X, Elon Musk boasted about custom AI chip plans. Musk said the current version of Tesla’s AI chip, the A14, is in cars and data centers today, while work is underway on the A1...
Retail traders have hit the eject button on Sandisk
Souring sentiment on the AI trade has caused retail traders to flee one of the boom’s biggest beneficiaries in recent months. The masses are voting with their feet by exiting en masse in recent sessi...
Nvidia spikes on report that the Trump administration is considering letting Nvidia sell its best Hopper chips to China
One big headline really can change price action. Shares of popped 2% after Bloomberg reported that the Trump administration is internally discussing the idea of letting Nvidia sell its H200 chips to ...
There’s a full-blown meltdown in the AI boom’s supporting cast of speculative, volatile stocks
results weren’t good enough to help the chip designer , but the reaction has been so much worse for other parts of the AI trade. The meltdown in the AI boom’s supporting cast of more speculative, vola...
Nvidia CEO Jensen Huang reportedly said “the whole world would’ve fallen apart” if the company had a bad quarter
Business Insider’s Geoff Weiss has some fantastic reporting on all-hands meeting on Thursday, which came amid a significant slide despite the chip designer posting strong third-quarter earnings and a...