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Bloomberg68d agobearish
SpaceX Heads Toward Fourth Day of Gains Since Record IPO

(Bloomberg) -- SpaceX shares are poised for a fourth straight day of gains, reinforcing the company’s place among the world’s largest after it surpassed Amazon.com Inc. by market value.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranIran’s Deputy Foreign Minister Confirms Deal Reached With USModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealShares

Coherent (COHR) Is Up 7.5% After CHIPS-Backed Texas AI Photonics Expansion - Has The Bull Case Changed?
Simply Wall St.68d agoneutral
Coherent (COHR) Is Up 7.5% After CHIPS-Backed Texas AI Photonics Expansion - Has The Bull Case Changed?

Coherent Corp. recently signed a letter of intent to receive up to US$50 million under the CHIPS and Science Act to expand its 6‑inch indium phosphide semiconductor facility in Sherman, Texas, doubling manufacturing space, quadrupling wafer capacity, and supporting AI datacenter optical networking while creating more than 1,000 jobs. This expansion deepens Coherent’s long-running collaboration with NVIDIA and reinforces Sherman’s role as a key U.S. hub for advanced photonics and AI...

Coherent (COHR) Wins Up To $50 Million For Texas AI Chip Expansion
Simply Wall St.68d agobullish
Coherent (COHR) Wins Up To $50 Million For Texas AI Chip Expansion

Coherent (NYSE:COHR) announced a letter of intent to receive up to US$50 million in CHIPS and Science Act funding. The funding will support expansion of its Indium Phosphide semiconductor facility in Sherman, Texas. The project is expected to double production space, increase wafer capacity by 4x, and create more than 1,000 jobs. Coherent also highlighted a deeper partnership with NVIDIA focused on AI datacenter infrastructure. For investors tracking Coherent, this CHIPS Act award and...

SK hynix (KOSE:A000660) Partners With Nvidia On AI Memory And Autonomous Fabs
Simply Wall St.68d agoneutral
SK hynix (KOSE:A000660) Partners With Nvidia On AI Memory And Autonomous Fabs

SK hynix (KOSE:A000660) and NVIDIA announced a multiyear technology partnership to co-develop advanced memory technologies for next generation AI infrastructure. The collaboration includes joint work on memory for emerging NVIDIA platforms and the use of digital twins and autonomous fab tools for semiconductor manufacturing. The partnership extends beyond a traditional supply relationship, targeting AI driven design and production capabilities. SK hynix is a major memory producer, supplying...