Nvidia’s not investing $100 billion in OpenAI because the chip designer doesn’t want to pay the OpenAI valuation tax
The Wall Street Journal dropped a bombshell on Friday evening, reporting that Nvidia’s plan to invest up to $100 billion in OpenAI “has stalled after some inside the chip giant expressed doubts about ...
Western Digital beats Wall Street estimates for Q2 sales, EPS
posted better-than-expected quarterly sales and earnings-per-share figures after the close Thursday, though the shares slipped after-hours. Here’s how the results looked: Fiscal Q2 revenue of $3.02 bi...
Sandisk blows past quarterly earnings expectations, forecasts blockbuster Q3 numbers
Data storage company , the poster child for AI-linked stocks that have gone parabolic amid a scramble to build out data centers, reported blowout fiscal second-quarter earnings after the close of trad...
Seagate soars after earnings as Wall Street gushes
soared Wednesday, with a nearly 20% gain shortly after 2 p.m. ET that put the once staid maker of hard disk drives on track for one of its best days of the last decade. Seagate reported strong earning...
Wall Street thinks the next bottleneck in AI is chip equipment
As the AI boom rumbles into its fourth year of dominating the market, retail traders, professional investors, and Wall Street analysts alike have largely settled on a simple strategy for catching the ...
Intel jumps amid report it will play a role in manufacturing Nvidia GPUs in 2028, CFO purchases $250,000 in company stock
is surging this morning amid one confirmed vote of executive suite confidence in the company and a rumored one that could be much more significant. Starting with the latter, Taiwanese industry outlet ...
Micron rises after rival SK Hynix posts record sales and profits
shares are continuing their meteoric rise after South Korean competitor reported record earnings for the final quarter of 2025, underscoring the continued demand for the world’s three leading memory ...
Nvidia rises after Reuters reports that China has approved the sale of 400,000 H200 chips to Chinese tech firms
rose around 1.6% in premarket trading Wednesday after Reuters reported that Chinese authorities have approved ByteDance, Alibaba, and Tencent to collectively buy more than 400,000 of the company’s H20...
ASML rises on revenue beat and rosy top-line outlook, outweighing slightly softer margins
Dutch semi equipment giant ASML’s strong start to the year looks set to continue after the company’s solid revenue beat, rosy 2026 guidance, and strong order book outweighed softer margins in the fina...
Texas Instruments soars as Q1 guidance exceeds estimates and CEO touts “a lot of room to go” on industrial recovery
soared in after-hours trading as better than expected Q1 guidance outweighed a mediocre set of Q4 results. The chipmaker sees current quarter sales ranging between $4.32 billion to $4.62 billion, the ...
Seagate beats expectations on sales and EPS
, the maker of data storage products known as hard disk drives, reported its fiscal Q2 numbers after the close of trading on Tuesday. For the quarter that ended in December, Seagate reported: Revenue ...
Micron gains after breaking ground on new facility in decade-long, $24 billion investment plan
sees an AI boom and wants to sell more chips into it. On Monday evening, the company announced that it broke ground on an additional wafer fabrication facility at its complex in Singapore, kicking off...
Morgan Stanley jacks up its Sandisk price target
climbed early Monday after a hefty target price hike from analysts at Morgan Stanley. Morgan Stanley semiconductor analysts upped their price target from the significantly under market level $273 (the...
Micron dips on report Samsung is taking the early lead in HBM4 supply
Shares of are starting the week lower after Reuters reported that Samsung is poised to begin production of HBM4 chips — the new standard for high-bandwidth memory — next month, with the output headin...
CoreWeave spikes after Nvidia buys an additional $2 billion of the neocloud’s shares
Shares of are spiking after purchased an additional $2 billion of the neocloud’s stock at a purchase price of $87.20 per share. This “expanded relationship” between the two parties is intended to hel...
AMD jumps as Intel’s supply constraints offer chance for CPU market share gains
As investors react negatively to CEO Lip-Bu Tan’s warning that the chipmaker’s turnaround effort will be a “multiyear journey,” that cautionary note is also a reminder that has more time to make hay...
Nvidia gains on report that Chinese officials told domestic tech champions to progress with plans for H200 imports
The “will Xi, won’t Xi?” of quest to send AI chips to China got some positive news, reversing a string of recent negative reports. Per Bloomberg , Chinese officials told leading domestic tech champio...
Intel tumbles as pleas for time to deliver its turnaround fall on deaf ears
is tumbling after asking for patience to execute a turnaround plan that traders had already aggressively been pricing in. The US chipmaker delivered stronger-than-expected Q4 results, but dropped afte...
Intel slumps after Q1 guidance disappoints
’s red-hot start to 2026 is hitting a road bump after the chipmaker’s Q1 outlook undershot expectations, sending shares down more than 5% in after-hours trading. The weak guidance offset a strong set ...
Alibaba jumps on report of a potential IPO for its AI chipmaking division
ADRs are up 5% in premarket trading on Thursday after Bloomberg reported that the cloud and e-commerce giant is preparing to list its chipmaking division, looking to capitalize on strong investor inte...