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CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure
Simply Wall St.108d agoneutral
CoreWeave (CRWV) Posts Record MLPerf Training Results On Customer Ready Infrastructure

CoreWeave (NasdaqGS:CRWV) reported record-breaking results in the MLPerf Training v6.0 benchmark. The company used its production AI cloud platform powered by NVIDIA GB300 NVL72 GPUs. The benchmark runs were conducted on infrastructure that is currently available to customers. CoreWeave enters this news cycle with the stock at $115.21 and a year-to-date return of 45.2%, alongside a 20.5% gain over the past week and 11.0% over the past month. These moves come despite the stock being down...

Trump says Apple to work with Intel to manufacture chips in US
Reuters108d agoneutral
Trump says Apple to work with Intel to manufacture chips in US

President Donald Trump said in a ‌Truth Social post on ‌Thursday that Apple had agreed to ​work with Intel to design and build its chips in the United States. Intel had reached a ‌preliminary deal ⁠to make some chips for Apple, following discussions ⁠that went on for more than a year, the ​Wall Street ​Journal reported ​in May.

NVIDIA (NVDA) – Among the 12 Most Profitable American Stocks to Buy in 2026
Insider Monkey108d agobullish
NVIDIA (NVDA) – Among the 12 Most Profitable American Stocks to Buy in 2026

With a net profit margin of 62.97%, NVIDIA Corporation (NASDAQ:NVDA) is included among the 12 Most Profitable American Stocks to Buy in 2026. A pioneer in accelerated computing, NVIDIA Corporation (NASDAQ:NVDA) is a full-stack computing company with data-center-scale offerings that are reshaping the industry. NVIDIA Corporation (NASDAQ:NVDA) announced on June 15 that it is looking to […]

Making Sense of the Evolving Earnings Picture
Zacks108d agoneutral
Making Sense of the Evolving Earnings Picture

Even when excluding the significant upward revisions to Energy sector estimates, aggregate Q2 earnings estimates for the remainder of the S&P 500 index would still be in positive territory since the start of April.

Nvidia supplier SK Hynix ships samples of next-generation chips to major customers
Reuters108d agoneutral
Nvidia supplier SK Hynix ships samples of next-generation chips to major customers

SK Hynix said on Thursday ‌it has shipped samples ‌of its latest high-bandwidth memory (HBM) ​chips to major customers, as the South Korean chipmaker seeks to strengthen its position ‌in the ⁠fast-growing AI semiconductor market. The next-generation 12-layer HBM4E ⁠chip reaches speeds of up to 16 gigabits per ​second per ​pin ​and offers over ‌20% better power efficiency than previous models, the company said. HBM chips are used in AI chipsets and are ‌crucial components for ​processors such as ​those ​made by Nvidia, ‌helping handle vast data ​needed ​to train AI models.

Reuters108d agobullish
Rumble rebrands to RUM Group after Northern Data buyout

Rumble, which hosts U.S. President Donald Trump's Truth Social platform, ‌said it would begin operating ‌as 'RUM Group' and oversee a new AI-focused business unit ​in addition to its existing video platform. The move, announced on Wednesday and effective from June 18, comes after the company closed ‌its acquisition of ⁠German AI cloud company Northern Data. Here are some details: • Rumble shares ⁠jumped about 8% in extended trading.