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GlobalFoundries and Marvell expand SiGe deal for AI data centers
Proactive15d agoneutral
GlobalFoundries and Marvell expand SiGe deal for AI data centers

Globalfoundries Inc (NASDAQ:GFS) and Marvell Technology Inc (NASDAQ:MRVL) expanded their multiyear manufacturing agreement to increase semiconductor production capacity as growing AI data centers fuel demand for faster optical connections. The agreement will boost production capacity at...

Southwest (LUV) Finally Joins the Lounge Business it Long Rejected
Insider Monkey15d agoneutral
Southwest (LUV) Finally Joins the Lounge Business it Long Rejected

Southwest Airlines Co. (NYSE:LUV) disclosed plans on September 2 to open its first-ever airport lounges, partnering with JPMorgan Chase on a new premium co-branded credit card launching in 2027 that will provide access, Reuters and the Wall Street Journal reported. The first four lounges will open at Austin, Baltimore, Honolulu, and Nashville airports in late […]

SanDisk Stock Looks Cheap, But Can It Keep Earning This Much?
Trefis15d agoneutral
SanDisk Stock Looks Cheap, But Can It Keep Earning This Much?

SanDisk (SNDK) has returned nearly 1,600% over the past twelve months and still trades at 19.5 times earnings, against an S&P 500 median of 22.4. It sits about 35% below its 52-week high. A cash-generative business priced under the market is where value buyers start. The question is whether those earnings are a new normal or the top of a memory cycle.

Crypto's new regulatory concerns after the Clarity Act fails to pass
Yahoo Finance Video15d agoneutralVIDEO
Crypto's new regulatory concerns after the Clarity Act fails to pass

Coinbase (COIN) CEO Brian Armstrong joins Scott Melker for a conversation about what the new regulatory environment for crypto could look like after the Clarity Act was voted down in the Senate. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto.

Crypto's new regulatory concerns after the Clarity Act fails to pass
Yahoo Finance Video15d agoneutralVIDEO
Crypto's new regulatory concerns after the Clarity Act fails to pass

Coinbase (COIN) CEO Scott Armstrong joins Scott Melker for a conversation about what the new regulatory environment for crypto could look like after the Clarity Act was voted down in the Senate. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Disclosure: Yahoo Finance has a partnership with Coinbase.

Why Is Vicor Stock Surging Thursday?
Benzinga15d agoneutral
Why Is Vicor Stock Surging Thursday?

Vicor Corp. (NASDAQ:VICR) stock jumped about 15% Thursday after the company announced a new licensing agreement tied to its Vertical Power Delivery technology. The gain came during a broader risk-on session. The Nasdaq rose 1.58%, while the S&P 500 gained 1.04%. AI Power Technology Vicor granted a non-exclusive license to a new, unnamed OEM for its patented Vertical Power Delivery technology, which helps power high-performance AI and networking processors. The license allows the OEM to buy VPD m

Amazon enters AI safety fray, calls for "rigorous testing," safeguards
Reuters15d agoneutral
Amazon enters AI safety fray, calls for "rigorous testing," safeguards

SAN FRANCISCO, Sept 17 (Reuters) - Amazon weighed in on the artificial intelligence safety debate roiling Silicon Valley, saying AI labs should ensure models are released only when they are safe and fully ‌tested, but stopped short of calling for an industry slowdown. “"We don't see it as a choice between ‌progress and safety,” a spokesperson for the Seattle firm told Reuters.

Nebius announces higher rates for Nvidia GPUs and AMD CPUs
Proactive15d agoneutral
Nebius announces higher rates for Nvidia GPUs and AMD CPUs

Nebius Group NV (NASDAQ:NBIS) has notified customers of plans to increase prices across its on-demand GPU cloud services, with the new rates scheduled to take effect on October 1. Under the latest adjustments, prices for Nvidia Corp (NASDAQ:NVDA, XETRA:NVD) H100 instances will rise by about...

OpenAI Fires Back at Apple (AAPL)
Insider Monkey15d agoneutral
OpenAI Fires Back at Apple (AAPL)

Reuters reported that OpenAI denied Apple Inc. (NASDAQ:AAPL)’s allegations of trade secret theft in a filing late Monday, August 31, in U.S. District Court in San Jose, saying Apple failed to show that any confidential information was actually stolen by former Apple employees. Apple sued OpenAI and two former Apple employees, Tang Tan and Chang […]