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How Much Further Can the Chip Rally Run?
The Wall Street Journal77d agobullish
How Much Further Can the Chip Rally Run?

Even by the standards of the artificial-intelligence boom, the gains in chip stocks this year have been extraordinary. Sandisk has soared 570%. Intel has more than tripled. Samsung, Micron and SK Hynix have all climbed into the ranks of $1 trillion companies.

Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say
Reuters77d agoneutral
Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply ‌shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," where AI models are deployed to perform agentic tasks ‌that demand more from CPUs, working in tandem with the graphics chips made by Nvidia that have dominated the AI boom. The shift has created a shortage of CPUs in recent ​months, and global hyperscalers including Alphabet's Google, Amazon and Microsoft are also developing their own custom CPUs to reduce costs and tailor performance to their specific workloads.

Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?
StockStory78d agoneutral
Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?

Intel has been on fire lately. In the past six months alone, the company’s stock price has rocketed 203%, reaching $123.10 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Investing.com79d agoneutral
Quantinuum targets $12.7 billion valuation in U.S. IPO

Investing.com -- Honeywell's spinoff Quantinuum plans to raise up to $1.05 billion through a U.S. initial public offering that would value the quantum computing company at up to $12.7 billion, the firm announced on Tuesday.

Honeywell's Quantinuum targets $12.7 billion valuation in US IPO
Reuters79d agoneutral
Honeywell's Quantinuum targets $12.7 billion valuation in US IPO

Honeywell's Quantinuum is targeting a valuation of up ‌to $12.7 billion in its U.S. initial ‌public offering, it said on Tuesday, as ​it looks to capitalize on heightened investor attention around quantum computing. It had raised ⁠funds at a valuation of $10 billion in its latest funding round. Quantinuum, formed in 2021 after a separation from Honeywell and merger ‌with Cambridge Quantum, is ​chaired by the industrial ​giant's CEO, ​Vimal Kapur, and led ‌by Intel veteran Rajeeb Hazra.