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Applied Materials Extends AI Chip Role With NEXX Packaging Acquisition
Simply Wall St.86d agoneutral
Applied Materials Extends AI Chip Role With NEXX Packaging Acquisition

Applied Materials (NasdaqGS:AMAT) is acquiring ASMPT's NEXX business, adding advanced panel level packaging tools to its portfolio. The deal is directly linked to Applied Materials' recent AI chip development work with TSMC and global academic partners at the EPIC Center. Together, these moves expand Applied Materials' role in packaging technologies used for next generation AI chip designs. For you as an investor, this development sits at the intersection of equipment, packaging, and AI...

Cerebras Crashes AI Party With Breakout IPO
Moby86d agobearish
Cerebras Crashes AI Party With Breakout IPO

The AI chipmaker priced at $185, planned to sell at $125, and cleared a $100 billion valuation before lunch, which is not bad for a company nobody had heard of 48 hours ago

Blackstone data center vehicle makes muted debut after $1.75 billion IPO
Reuters86d agoneutral
Blackstone data center vehicle makes muted debut after $1.75 billion IPO

Shares of Blackstone's newly minted investment vehicle opened flat in their market debut on Thursday, ‌after the company raised $1.75 billion in its U.S. initial public offering ‌with plans to buy data center assets. New York-based Blackstone Digital Infrastructure Trust's stock opened at $20 ​per share, the same price at which it had sold 87.5 million shares in its IPO. Artificial intelligence-linked companies have taken center stage in the U.S. IPO market this week with three billion-dollar offerings, including chipmaker Cerebras and Fervo ‌Energy.

Why the Cerebras IPO is a huge deal for the AI chip game
Yahoo Finance Video86d agoneutralVIDEO
Why the Cerebras IPO is a huge deal for the AI chip game

Artificial intelligence (AI) chipmaker Cerebras is set to go public on Thursday. Yahoo Finance's Julie Hyman and Myles Udland outline what you need to know, including how OpenAI (OPAI.PVT) fits into the picture.

SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.
24/7 Wall St.87d agobullish
SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

Dave Nadig, the longtime ETF analyst, went on Barry Ritholtz’s Masters in Business: At The Money podcast and described the upcoming SpaceX IPO as “one of those get-the-popcorn moments in markets.” The reason centers on index plumbing that most passive investors never think about. NASDAQ is reportedly waiving its standard six-month seasoning period so SpaceX ... SpaceX IPO Will Force Index Funds to Buy $7 Billion in One Day. What Happens to Nasdaq Next.

Fervo, Cerebras: It’s a Big Week for IPOs
The Wall Street Journal87d agoneutral
Fervo, Cerebras: It’s a Big Week for IPOs

A new entrant to the Nasdaq is set to test the strength of the IPO market today—and offer investors another way to bet on artificial intelligence. Cerebras Systems (CBRS), an AI chip maker backed by OpenAI’s Sam Altman, said yesterday that it priced its upsized offering of 30 million shares at $185.

BloFin Research: Will the SpaceX IPO Pop the U.S. Stock Bubble?
BeInCrypto87d agoneutral
BloFin Research: Will the SpaceX IPO Pop the U.S. Stock Bubble?

The S&P 500 just crossed 7,400 for the first time, AI memory names have multiplied severalfold in months, and the most anticipated IPO of the cycle is approaching. Beneath the surface, the options market is flashing two opposite signals at once. Crypto’s quiet weakness may already be pricing something, and there are two scenarios for

Elon Musk Accused Of Building 'Most Management-Favorable' IPO Structure At SpaceX: Report
Benzinga87d agoneutral
Elon Musk Accused Of Building 'Most Management-Favorable' IPO Structure At SpaceX: Report

Top Pension officials from New York and California have written to SpaceX CEO Elon Musk, expressing concern over the “extreme” governance structure of the commercial space flight company ahead of its public listing. Comptrollers Express Concern New York State Comptroller Thomas DiNapoli, as well as New York City Comptroller Mark Levine and California Public Employees’ Retirement System (CalPERS) CEO Marcie Frost, wrote a letter to Musk, accessed by Reuters on Wednesday. Notably, CalPERS had also

Here’s What IREN Ltd.’s (IREN) Mirantis Acquisition Means For Investors
Insider Monkey87d agoneutral
Here’s What IREN Ltd.’s (IREN) Mirantis Acquisition Means For Investors

IREN Ltd (NASDAQ:IREN) is one of the 7 Best Data Center GPU-as-a-Service Stocks To Buy. On May 5, IREN Ltd (NASDAQ:IREN) agreed to acquire Mirantis, a cloud infrastructure and Kubernetes-based orchestration services provider with enterprise support services. The deal was valued at about $625 million. With this acquisition, the company has expanded its portfolio in […]