Joby soars after announcing partnership with Nvidia to develop autonomous flight capabilities
is taking off in early trading after the electric air taxi company announced that it’s partnering with to enhance its autonomous flight technology. While Nvidia unveiled fresh partnerships with auto ...
Nvidia crosses $5 trillion market cap in early trading as BATMMAAN stocks dominate the market
It’s hardly as if investors need much of an excuse to bid up AI darlings this year, but yesterday Nvidia CEO Jensen Huang sent out a pretty big Bat-Signal, telling an audience at the company’s GPU Tec...
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Intel romps amid reported attempt to poach a 21-year Taiwan Semiconductor veteran
A report in the Taiwanese press that is attempting to recruit a recently retired top Taiwan Semiconductor executive, Wei-Jen Lo, to lead R&D at Intel’s troubled foundry division may account for the b...
Lucid plans to build a privately owned autonomous car with Nvidia tech
Shares of vaulted briefly on Tuesday afternoon following the company’s announcement that it will team up with to bring Level 4 autonomous driving to its future vehicles. A still unnamed midsized SUV...
Lilly partners with Nvidia to build supercomputer for drug R&D
is partnering with to build “the most powerful supercomputer owned and operated by a pharmaceutical company” to help discover new medicines. The drugmaker announced the deal on Tuesday, following a s...
Quantum computing stocks slump after Nvidia CEO Jensen Huang announces “AI supercomputers” in partnership with DOE
Quantum computing stocks , , , and initially popped when CEO Jensen Huang unveiled a new architecture called NVQLink to connect quantum computers with GPU supercomputers to aid in error correction, ...
Nvidia CEO Jensen Huang announces new partnerships with Palantir, CrowdStrike, Uber
Shares of and jumped while pared losses after CEO Jensen Huang announced new partnerships with the companies at the chip designer’s GPU Technology Conference in Washington, DC. “AI will also super...
Nvidia jumps to high of day after CEO Jensen Huang touts more than $500 billion in flagship chip orders through 2026
Shares of leapt to session highs after CEO Jensen Huang touted the “exceptionally” strong demand for its flagship products, noting that orders for Blackwell and early Rubin chips were above $500 bill...
Nokia surges as Nvidia invests $1 billion in company, a 2.9% stake
is taking a 2.9% stake in , as the Finnish mobile networking company has successfully pivoted to AI and data center technology. In a press release announcing the deal, Nokia said:
Qualcomm surges after revealing new AI chips with Saudi Arabia’s HUMAIN as first big buyer
took over leadership of the semiconductor rally this morning after announcing new AI chips for data centers, sending shares soaring. The AI200 and AI250 are expected to be available in 2026 and 2027, ...
Semiconductor stocks soar on telegraphed trade truce with China
Semiconductor stocks, which were sold hard when US-China trade tensions flared up earlier this month, are being scooped up again in earnest after top officials from both countries indicated that posit...
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Wall Street analysts see some issues with Intel’s earnings
shares lost most of their post-earning gains Friday as Wall Street analysts gave the company’s better-than-expected Q3 headline numbers a flinty-eyed examination. Here’s some of what they found. The c...
Intel beats on Q3 earnings, revenue
, the struggling American computer chip giant that was partially nationalized by the US government in August , reported Q3 sales and profit numbers after the close of trading on Wednesday. Intel Q3 re...
Super Micro slumps after announcing preliminary Q1 net sales far below Wall Street’s expectations
is slumping after management delivered a preliminary revenue update that came in far short of what the Street was expecting. Net sales for the quarter ended September 30 (the company’s fiscal Q1 2026)...
POET Technologies jumps after receiving $5 million order for its optical engines from a “leading systems integrator”
is soaring after the optical communications company announced that it has received a more than $5 million order for its POET Infinity optical engines from “a leading systems integrator that will manuf...
Texas Instruments slumps on disappointing Q4 revenue and profit outlook
is down a little over 8% in premarket trading as investors react to the weaker-than-expected fourth-quarter guidance the company gave in its Q3 earnings yesterday. The world’s biggest analog chipmaker...
Alibaba researchers devise efficient GPU pooling system, reducing GPU use 82%
Researchers at Peking University and have announced a new system that can drastically reduce GPU demand, by efficiently “pooling” computing across multiple models rather than assigning each model its...
TSMC keeps the AI train on track; beats on Q3 EPS and hikes 2025 sales growth outlook to ~35%, up from ~30%
is rising in early trading on Thursday after the Taiwanese chipmaker posted another record quarterly profit and raised its outlook for the rest of the year. The world’s largest contract chipmaker saw ...
Meta announces new Texas data center, partnership with Arm
announced today it’s breaking ground on a new “AI-optimized” data center in El Paso, Texas that will scale to 1GW. That’s not to be confused with the city-sized AI data center it’s building in Louisia...
AMD soars as HSBC hikes price target to a Street high of $310
Shares of are soaring after HSBC analyst Frank Lee strapped his price target for the chip designer to a rocket ship, hiking it to $310 from $185. The new price target ties that of Arete Research’s Br...