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Revenue growth stays solid despite monthly dip
Nvidia may invest up to $2.1 billion as AI infrastructure demand keeps rising.
May 8 (Reuters) - U.S. stock index futures rose on Friday as a recovery in chipmakers helped offset worries about renewed U.S.-Iran tensions, while investors looked ahead to a crucial employment
(Bloomberg) -- After Lip-Bu Tan became chief executive officer of Intel Corp. in March of last year, the struggling company’s shares went nowhere for seven months while the chipmaker was getting trounced in the market for artificial intelligence.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump
US authorities are investigating a reported US$2.5b smuggling scheme involving advanced Nvidia chips shipped to China. Alibaba Group Holding (NYSE:BABA) has been cited as a possible end customer in the inquiry. The company has publicly denied any involvement or business relationship with the parties mentioned in the alleged scheme. Alibaba is a major Chinese technology group with businesses across e commerce, cloud computing, and digital services, so any link to restricted AI hardware...
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) reported a solid increase in April revenue on Friday as continued demand for advanced artificial intelligence semiconductors supported sales growth. The world’s largest contract chip manufacturer said April revenue reached NT$410.
↘️ Coinbase Global (COIN): The cryptocurrency exchange swung to a loss in the first quarter, weighed down by a weak crypto market. Shares retreated premarket. ↘️ Trade Desk (TTD): Shares slid 15% premarket after some disappointing earnings and guidance from the ad-tech company.
Nvidia (NVDA) chips are at the center of a suspected $2.5 billion smuggling scheme involving Super M
MACOM Technology Solutions (NASDAQ:MTSI) reported fiscal second-quarter 2026 revenue of $289 million and adjusted earnings per diluted share of $1.09, supported by what management described as strong demand across its three end markets and a record backlog. President and CEO Steve Daly said sequent
Sandisk stock has soared remarkably since its separation from Western Digital, but has it gotten ahead of itself?
The best time to start playing defense is when it seems like there's absolutely no reason to do so.
TotalEnergies has launched its new Pangea 5 supercomputer in partnership with Dell Technologies and NVIDIA, aimed at expanding AI-led research and seismic imaging. The system is designed to increase subsurface imaging capacity and AI workloads, with a focus on both hydrocarbon exploration and low emission energy projects. Pangea 5 includes energy efficiency upgrades and waste heat recovery to support facility heating, aligning with the company’s sustainability targets. The project reflects...
(Bloomberg) -- A key company behind Thailand’s national AI effort is suspected of helping to smuggle billions of dollars worth of Super Micro Computer Inc. servers containing advanced Nvidia Corp. chips to China, with Alibaba Group Holding Ltd. one of multiple end customers, according to people familiar with the matter.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almos
The chipmaker's relationship with AI data center operator Nebius is proving beneficial for both companies.
The data center hardware specialist climbed to new heights in April. There could be more to come.
NuScale has fallen by more than 70% from recent highs. Artificial intelligence power demands could reverse the trend.
The tech giant's custom silicon business is now one of the largest data center chip operations in the world.
IREN (NASDAQ:IREN) used its fiscal third-quarter earnings call to highlight a rapid expansion in AI data center capacity, a new long-term customer agreement with NVIDIA, and continued progress in shifting its business mix away from Bitcoin mining and toward AI Cloud services. Strategic focus: conve
The stock has soared about 19% over the last 30 days. Have investors who didn't buy shares earlier this year missed out?
IREN Limited (NASDAQ: $IREN) shares jumped in after-hours trading on Thursday after the company announced a new Nvi...
JFrog (NASDAQ:FROG) reported first-quarter 2026 results that management said exceeded the top end of its guidance range across all metrics, citing accelerating cloud usage trends tied to AI-driven software development and continued demand for its software supply chain security products. “We entered
NVIDIA (NasdaqGS:NVDA) and IREN Limited agreed to deploy up to 5 gigawatts of next generation AI infrastructure. NVIDIA also partnered with Span and PulteGroup to create distributed fractional data centers that use residential grid capacity for AI workloads. These partnerships expand NVIDIA's reach across large scale facilities and more distributed, community level compute nodes. NVIDIA, traded on NasdaqGS:NVDA, is a central supplier of GPUs and software that power many AI data centers and...
Both cryptocurrencies have their advantages, but one is a much better fit for new investors.