Western Digital, a top S&P stock over the last month, is attracting retail traders
We’ve been covering the sudden sexiness of data storage as a market theme a lot recently, with and turning into top trades of 2025. The makers of relatively affordable data storage devices known as...
Intel jumps on report of customer talks with AMD for foundry division
shares popped in afternoon trading Wednesday after Semafor reported that it’s in preliminary talks for to come aboard as a customer for Intel’s troubled contract chip manufacturing division, known as...
Meta buys chip startup Rivos in effort to lower its reliance on Nvidia
is buying AI chip startup Rivos for an unknown sum, as part of the social media company’s effort to decrease its reliance on graphics processing units from , Bloomberg reports. Rivos was seeking fundi...
Retail traders rush into Wolfspeed as it exits Chapter 11 bankruptcy
is in the midst of completing a very peculiar double act. Shares of the embattled silicon carbide semiconductor maker are roaring higher in the premarket session after the company announced after the ...
Nvidia jumps as Jefferies hikes price target to $220 from $205
is off to a great start this week, buoyed by Jefferies analyst Blayne Curtis hiking his price target on the $4 trillion chip designer to $220 from $205 thanks to the recent announcement of its $100 mi...
Intel trades higher on TSMC investment talks and report on new Trump administration plans to boost US chip production
has approached about potential investments or manufacturing partnerships, The Wall Street Journal reports , a day after Bloomberg reported that Apple was also in talks with the struggling chipmaker. ...
Intel rises as the company seeks Apple as next big backer amid turnaround push, per Bloomberg report
Not content with just having the US government and Nvidia as new shareholders, has approached about a possible investment as it seeks to revive its business, according to a report from Bloomberg. Th...
Wall Street analysts love Micron’s earnings. The market already loved them too much ahead of time.
announced phenomenal fourth-quarter results : a top- and bottom-line beat along with guidance on earnings and profitability for the current quarter that exceeded every Wall Street analyst’s expectatio...
Report: Nvidia may lease its chips to OpenAI as part of deal
Why buy when you can rent for cheaper? That’s the thinking behind a new report from The Information that says as part of its blockbuster $100 billion investment , is in discussions with OpenAI to lea...
A tiny UK company is showing how easy it is to get an (undeserved?) Nvidia halo effect
UK-based , which operates a business-to-business platform for retailers, nearly doubled at its peak in premarket trading after announcing that “it has joined the NVIDIA Connect program as part of its ...
Alibaba surges on AI spending hike, new model launch, and Nvidia partnership
jumped over 9% in early trading on Wednesday after the company announced greater investment in AI, a partnership with , and a new model. At Alibaba’s annual flagship technology conference, CEO Eddie W...
Micron crushes on sales and earnings, provides stellar guidance for current quarter
is moving higher in postmarket trading after reporting blowout fiscal Q4 2025 results. For the three months ended August 28, the memory chip specialist reported: Revenues: $11.32 billion (estimate $11...
Bank of America explains why Nvidia almost has to invest in OpenAI and Intel
is in the business of giving tech bigwigs the tools to try to create God, and in the process, the chip designer has made more money than God. Bank of America analyst Vivek Arya believes the company is...
Clash of the titans: Here are the biggest AI data center projects
Nvidia’s $100 billion megadeal with OpenAI to build massive AI data centers filled with Nvidia GPUs sets a new threshold for unprecedented computing power: the plan describes a partnership to build a ...
Bitcoin miner IREN surges on AI data center announcement
Australian midcap bitcoin miner and contract data center operator jumped in early trading after announcing additional purchases of and GPUs to strengthen its business as a spot provider of data cen...
JPMorgan recommends bullish options bet on Micron ahead of earnings
JPMorgan equity derivatives strategists led by Bram Kaplan think is poised to jump after it reports earnings on Tuesday after the close — but not by too too much. Micron has had an exceptionally hot ...
Micron’s record-setting winning streak ends with a thud
Gravity has come for . The memory chipmaking specialist has been on an unreal run, rising for a record 12 consecutive sessions before Friday’s plunge. The stock had been buoyed by the continued drumbe...
Wall Street analysts think through the Nvidia-Intel deal
shares were on a tear Thursday after announced a $5 billion equity investment in the iconic, but struggling, American chipmaker. Such a price shock suggests a major rethink of the outlook for Intel. B...
After Nvidia deal, the US government has made a roughly $4.5 billion paper profit on its Intel stake in less than a month
Intel is soaring Thursday morning on the announcement of a partnership with stock market behemoth . One of the biggest beneficiaries? The US government. Just last month, the government took a huge sta...
Intel spikes on Nvidia’s plan to invest $5 billion as part of a partnership to develop data center and PC products
Shares of are mooning as the chipmaker has successfully hitched its wagon to the biggest star in the semiconductor space: . In a joint press release , the two companies announced “a collaboration to...