Advanced Micro Devices (NASDAQ:AMD) shares surged premarket Monday following a landmark agreement with OpenAI to deploy up to 6 gigawatts of AMD Instinct GPU power for the tech giant's next-generation AI infrastructure. The initial phase will see a 1-gigawatt rollout…
PayPal Holdings, Inc. (NASDAQ:PYPL) and alternative asset manager Blue Owl Capital Inc. (NYSE:OWL) announced a two-year agreement on Wednesday under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by…
Nvidia Corp (NASDAQ:NVDA) just flipped the script on corporate strategy: it gives customers money to buy its chips and, in return, secures its own growth. The $100 billion planned investment in OpenAI isn't charity; it's a masterstroke in demand engineering.…
Apple Inc (NASDAQ:AAPL) is showing strong early demand for the iPhone 17, leading to analysts highlighting more upside in shares. AAPL stock is up today. See the market dynamics here. The Apple Analysts: Bank of America analyst Wamsi Mohan reiterated…
Jack Ma has re-emerged at the center of Alibaba Group (NYSE:BABA) as the company intensifies its push into artificial intelligence and revives competition with JD.com (NASDAQ:JD) and Meituan (OTC:MPNGY). After years on the sidelines during Beijing’s sweeping crackdown on technology…
Taiwan Semiconductor Manufacturing Co. (TSMC) is simultaneously reshaping the Arizona economy and solidifying its leadership in advanced chipmaking. A $150 billion investment from the company in the U.S. has garnered praise from state lawmakers, while its latest packaging initiatives highlight…
Nvidia (NASDAQ:NVDA) and its semiconductor peers gained on Wednesday after Oracle’s (NYSE:ORCL) upbeat quarterly results and strong cloud guidance signaled surging artificial intelligence infrastructure demand that could boost graphics processing unit sales. Investors were reminded of Nvidia’s breakout performance in…
Rocket Lab Corporation (NASDAQ:RKLB) shares rose in premarket trading on Friday after Needham analyst Ryan Koontz reiterated a Buy rating and lifted the price forecast from $45 to $55. On Thursday, the company reported $144.5 million in revenue for the…
Tech's Big Three just hit a mind-bending milestone: Nvidia Corp (NASDAQ:NVDA), Microsoft Corp (NASDAQ:MSFT) and Apple Inc (NASDAQ:AAPL) are now worth a combined $10.87 trillion – more than triple their $3.49 trillion combined value just five years ago. Together, they…
Taiwan Semiconductor Manufacturing Co (NYSE:TSM) stock surged 14% year-to-date, beating the market considerably despite Washington’s tariff policies and semiconductor sanctions cast a shadow over a sustained AI frenzy. During the same period, the PHLX Semiconductor Index, of which Taiwan Semiconductor…
