AMD NASDAQ:AMD landed one of its biggest AI wins yet after signing a multi-billion-dollar chip and investment deal with Anthropic, giving the chipmaker a major new customer for its next-generation accelerators.Anthropic plans to deploy up to 2 gigawatts of AMD's MI450-based systems starting in the…
Advanced Micro Devices NASDAQ:AMD struck a multibillion-dollar deal with Anthropic that includes an investment of up to $5 billion in the AI developer, contingent on certain milestones. Anthropic committed to buying tens of billions of dollars of AMD's latest AI server chips, adding 2 gigawatts of…
Oklo NYSE:OKLO shares rose about 4% and X-Energy (XE) gained roughly 3% on Wednesday after a report said the advanced nuclear developers are participating in a $200 million Trump administration-backed program designed to speed deployment of nuclear power for AI data centers.Oklo and X-Energy are ex…
Wistron, the Taiwanese contract manufacturer that assembles AI servers for Nvidia NASDAQ:NVDA, opened its first US plant in Fort Worth, Texas, a $700 million facility that has begun mass production of Nvidia's GB300 Grace Blackwell Ultra Superchip. It is the first of those chips to be built in the…
Nvidia (NVDA, Financials), a maker of AI chips, is expanding its U.S. manufacturing footprint, after supplier Wistron opened its first American AI server factory in Fort Worth, Texas.The plant, covering 324,000 square feet, will build servers using Nvidia's Grace Blackwell Ultra platform and is sla…
Semiconductor stocks fell in premarket trading on Wednesday, putting the brakes on a nascent rebound that had been building over the past few sessions.Intel stock led the declines, falling 2.7%, while Advanced Micro Devices and Nvidia stocks inched down 1.8% and 0.9%, respectively. Memory names Mic…
NVIDIA unveiled the Vera data‑center CPU, its first in‑house core server CPU. Shipments to customers including OpenAI, Anthropic and SpaceX start in June to relieve AI compute bott
Taiwan Semiconductor Manufacturing Co. NYSE:TSM, the chipmaker that produces semiconductors for many of the world's largest technology companies, has reportedly finalized price increases of between 5% and 10% for 2027 as manufacturing costs continue to rise. According to Nikkei, TSMC began discussi…
Advanced Micro Devices Inc. (AMD) appears likely to narrow, and potentially overtake, rival Nvidia Corp. (NVDA) in artificial intelligence chips through upcoming product releases and expanded customer wins.AMD's upcoming annual conference, Advancing AI 2026 which begins on July 22, is being looked…
Nvidia Corp. (NVDA) on Tuesday disclosed new architectural details about its Vera CPU, outlining how the chip is optimized for agentic AI workloads as competition intensifies with rivals such as Intel Corp. (INTC) and Advanced Micro Devices Inc. (AMD) in the fast-growing AI CPU market.The company s…
BlackRock NYSE:BLK, a global investment management firm expanding further into private markets, is preparing a debt sale of more than $12 billion to help finance a Meta Platforms NASDAQ:META data center project. The transaction combines investors from Global Infrastructure Partners, an infrastructu…
Nebius Group (NBIS, Financials), an Amsterdam-based artificial intelligence computing infrastructure provider, jumped around 7% in premarket trading after Nvidia said it bought a 9.3% interest in the firm.The filing gives investors a better look at Nvidia's exposure to Nebius, which has grown into…
Nebius Group NASDAQ:NBIS shares climbed more than 2% in after-hours trading Monday after the AI cloud infrastructure company disclosed that Nvidia NASDAQ:NVDA beneficially owns a 9.3% stake.The disclosed ownership includes Nvidia's previously reported $2 billion investment, consisting of about 1.19…
NZS Growth Equity Strategy added Nvidia NASDAQ:NVDA back to its portfolio during the second quarter while increasing stakes in several high-conviction technology and healthcare names.The fund returned 24.96% gross and 24.76% net during the quarter, comfortably ahead of the Morningstar Global Target…
Z.AI, the Chinese artificial intelligence company formerly known as Zhipu and focused on developing its GLM model platform, has completed construction of a massive 1-gigawatt data center powered entirely by Chinese-made chips. The facility has started partial operations and is designed to provide t…
DeepSeek, a three-year-old Chinese startup developing low-cost open-source artificial intelligence models, has raised $7.4 billion in the largest private AI financing in Chinese history, valuing the company at more than $50 billion. Founder Liang Wenfeng is now preparing for a possible initial publ…
Intel NASDAQ:INTC and AMD NASDAQ:AMD head into earnings with a favorable setup at KeyBanc, as AI demand and a broader recovery in data center spending continue to support the chip sector.Analyst John Vinh expects server CPU unit growth of 25% to 30% for Intel and 15% to 20% for AMD in 2026. Both co…
U.S. stocks advanced on Monday as semiconductor shares recovered from last week's selloff ahead of a heavy earnings schedule that could test whether Big Tech profits can support elevated market expectations. The S&P 500 Index (SPY) gained 0.4% by 12:36 p.m. in New York, while the Nasdaq 100 Index r…
An updated edition of the May 29, 2026, article.Founders often exert a lasting influence on the companies they establish, shaping their strategic direction, culture and long-term goals. Driven by conviction and personal commitment, founder-leaders are typically more willing to accept calculated ris…
Apple NASDAQ:AAPL, the iPhone maker, has reclaimed its position as the world's most valuable company after overtaking NVIDIA NASDAQ:NVDA, a chipmaker whose processors are used by major artificial intelligence developers. NVIDIA shares fell 3.7% on Friday, reducing the company's market capitalizatio…
