The SpaceX founder and CEO won't be selling his shares any time soon.
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By Valerie Volcovici and Timothy Gardner July 1 (Reuters) - Valar Atomics, a nuclear power startup, said on Wednesday it is partnering with Nvidia to develop a small data center in Utah that the
SK Hynix builds the memory chips wired into Nvidia’s most advanced AI processors, supplying a component so scarce that customers now reserve production years in advance. This week the South Korean company asked U.S. regulators for permission to list its shares on the Nasdaq for the first time in ...
Together AI on Wednesday said it has raised $800 million in a funding round led by Aramco Ventures, more than doubling the artificial intelligence startup's valuation to $8.3 billion. Founded in 2022, the startup's platform lets companies train and run AI workloads on open models such as DeepSeek, MiniMax and Kimi at lower costs than closed systems.
Micron's earnings confirm Sandisk's tailwinds will get even stronger.
In the stock's second week of trading, investors are wondering whether the price swing is an opportunity or a warning.
Analysts at Wedbush gave SpaceX an "outperform" rating with a price target of $190 a share. The stock rose 2% on Wednesday morning.
It's a good time to invest in bank stocks.
Autonomous-driving startup Wayve is riding a tide of investor interest. The London-based company has pulled in $2.8 billion from a roster of investors and strategic partners that includes big names across the technology and automotive sectors, from Nvidia to Mercedes-Benz and Nissan. In June, Wayve said it will deploy its system in robotaxis from Jeep maker Stellantis, to go on Uber's ride-hailing network.
Fed officials now believe higher interest rates will be necessary to curb inflation.
Jerome Powell's successor removed something that Wall Street and investors have held near and dear since 2003.
Asian stocks were mixed Wednesday as investors nervously awaited key US jobs data that could help determine the Federal Reserve's next interest rate decision, while the yen is in focus as it wallows around four-decade lows.But fears are growing that those valuations have now gone too far, investors might not see returns as early as expected and US interest rates could start to go up.
The S&P 500 and Nasdaq composite turned in 24 and 20 record closes, respectively, in the year's first half, lifted by the artificial-intelligence boom that has fueled sizable gains in the chip makers supplying the build-out.
Investing.com -- Mizuho Securities Asia raised its forecast for TSMC's monthly CoWoS packaging capacity to 140,000 units by 2026 and 190,000–200,000 units by 2027, up from prior estimates of 120,000 and 170,000–180,000 respectively, as a sharply upgraded outlook for AI-driven server CPU demand forces a broad revision to the firm's semiconductor supply model.
Investing.com -- Three major chipmakers gained about $2 trillion in combined market value during the second quarter as investors expanded their artificial intelligence holdings beyond Nvidia.
AbbVie knows how to plan ahead.
The aerospace and AI company could struggle to soar higher this year.
Wall Street's biggest IPO cycle in history probably won't crash the market, but it could force investors to rethink their AI portfolios as billions rotate into SpaceX, Anthropic, and OpenAI.
The SPDR Gold Shares fund is down big from its highs, but if fears of a recession start to mount, it may rally once again.
(Updates with the company's response in the fourth paragraph.) Super Micro Computer (SMCI) is coo
Super Micro Tumbles on Report of Taiwan Searches Tied to Nvidia Chips
D-Wave is selected to receive $1.6 million from the National Science Foundation. It’s the company’s latest federal funding injection.
The early signs suggest a clear way to play the dip.
Elon Musk may have recently given a big hint about what's on the horizon for SpaceX and Tesla.
Before you chase the SpaceX hype, here's what the data says about mega-IPOs in their first year -- and it's not pretty.
Taiwanese authorities escalated a probe into the unauthorized diversion of advanced artificial-intelligence servers made by Super Micro Computer, as part of efforts to crack down on the alleged smuggling of Nvidia chips to China.
Fears continue to persist about a possible recession this year or in 2027.
It did crush analyst estimates with triple-digit growth in key fundamentals, after all.
The outlook is concerning, but one potential scenario is disastrous.