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The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD
24/7 Wall St.64d agoneutral
The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD

Roughly six months ago, we asked whether ASML (NASDAQ: ASML) finally had a real competitor: xLight, the stealth startup chaired by ousted Intel CEO Pat Gelsinger, was developing free-electron-laser light sources backed by up to $150 million in CHIPS Act funding with the U.S. government taking an equity stake, targeting first silicon wafers by 2028. ... The Competitive Threat That Never Was: ASML’s Widening Moat Boosts Stock 77% YTD

What's at Stake for the Market
Barrons.com64d agoneutral
What's at Stake for the Market

Venture capitalist Marc Andreessen famously said that software was eating the world. Now, AI is eating the stock market. SpaceX, by virtue of its February merger with xAI, is the first of the money-losing frontier artificial intelligence companies to go public, beating OpenAI and Anthropic, albeit with a twist.

Stock Market: Will S&P 500 Open Up Or Down Today?
Benzinga64d agoneutral
Stock Market: Will S&P 500 Open Up Or Down Today?

The S&P 500 surged on Thursday as easing concerns over the U.S.-Iran war and a rebound in semiconductor stocks sparked a broad market rally. Polymarket traders are betting the benchmark index will extend those gains at Friday’s open. The S&P 500 climbed 1.75% to close at 7,394.30 on Thursday, recovering much of the prior session’s losses after President Donald Trump signaled that a peace agreement with Iran could be signed soon. The June 12 Polymarket contract implied an 83% probability that the

Exclusive-Nvidia begins Vera CPU sales pitch to Chinese clients, sources say
Reuters64d agoneutral
Exclusive-Nvidia begins Vera CPU sales pitch to Chinese clients, sources say

Nvidia has told Chinese clients that its new "Vera" central processors for AI data centres could be available as soon as August and that they can begin placing orders, three sources familiar with the matter said. Nvidia's market share in China has effectively fallen to zero, its CEO Jensen Huang said in October, hurt by U.S. export controls on advanced ​chips and Beijing's push for self-reliance in key technologies. The move also raises the stakes in its competition with major CPU firms Intel and AMD, which are racing to increase supplies of server CPUs for AI data centres.

Hitachi Deepens Google And Intel Ties To Power Industrial AI Growth
Simply Wall St.64d agoneutral
Hitachi Deepens Google And Intel Ties To Power Industrial AI Growth

Hitachi (TSE:6501) expanded its alliance with Google Cloud to speed up deployment of physical AI and next generation cybersecurity solutions. The company also announced a new partnership with Intel focused on physical AI, factory automation, quantum computing, and edge AI uses. These moves deepen Hitachi's ties with global technology providers across cloud, semiconductor, and industrial computing. Hitachi sits at the intersection of industrial equipment, IT services, and infrastructure,...

Cramer Calls Intel the “Number One Name” and “More Important Than NVIDIA.” The Stock Soars Today After a Massive Double Upgrade.
24/7 Wall St.64d agobullish
Cramer Calls Intel the “Number One Name” and “More Important Than NVIDIA.” The Stock Soars Today After a Massive Double Upgrade.

CNBC’s Jim Cramer used his June 11, 2026, “Mad Dash” segment on Squawk on the Street to deliver one of his most aggressive calls of the year, ranking Intel (NASDAQ:INTC) ahead of every other chip stock in his coverage universe. The catalyst was a dramatic analyst action that Cramer described as “a company which had ... Cramer Calls Intel the “Number One Name” and “More Important Than NVIDIA.” The Stock Soars Today After a Massive Double Upgrade.