Intel stock rallies as President Donald Trump says Apple has partnered with its foundry division to make chips domestically. But Wall Street remains cautious on INTC shares.
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Shares of Super Micro Computer (NASDAQ:SMCI) are up 10% in on Thursday, June 18, trading at $30 and change. The move makes Super Micro Computer stock the clear standout among major AI server names on the tape today. By contrast, Dell Technologies (NYSE:DELL) stock is flat at $417, while Hewlett Packard Enterprise (NYSE:HPE) stock is ... Super Micro Is Up 10% Today: Is It Outperforming Other AI Server Stocks Like Dell?
Micron stock, a huge winner in 2025, continues to probe all-time highs amid a "supercycle" for memory and storage stocks thanks to AI demand.
Tencent Holdings (SEHK:700) is part of the buyer group for AI startup Manus after regulators required Meta to unwind its acquisition. Tencent is a major shareholder and customer of Shanghai Enflame Technology, an AI chip supplier preparing for a public listing. Both developments highlight Tencent's involvement in AI software and hardware across China and global markets. Tencent Holdings sits at the center of China's internet and gaming industries and is increasingly active across artificial...
Advanced Micro Devices (NasdaqGS:AMD) has agreed to acquire MEXT, an AI native memory optimization company focused on data center workloads. The deal targets memory bottlenecks in enterprise and cloud AI environments, with MEXT's technology expected to be integrated into AMD's data center portfolio. The acquisition supports AMD's push to build a more complete AI infrastructure stack across both hardware and software layers. Advanced Micro Devices enters this deal with strong recent stock...
The crypto miner has signed a landmark three-year GPU contract with Bell Canada and Cohere—as Canada races to build AI systems it actually owns.
Owned by Berkshire Hathaway, shares in the leading bank have performed exceptionally well in the past three years.
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Netflix has secured an exclusive, multi-year television partnership with Proximity Media, the production company founded by Ryan Coogler, Zinzi Coogler and Sev Ohanian.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
In a cash-and-stock deal, it's often the latter that fails the investors being bought out.
A number of stocks jumped in the afternoon session after President Trump announced Apple had agreed to design and manufacture chips with Intel in the United States, a foundry validation the market had been waiting on for over a year.
Lyft expands into luxury chauffeuring while Uber leverages global scale and robust cash flow, see how their strategies and financials stack up.
The recent surge in Space Exploration Technologies Corp. shares is more a testament to Elon Musk‘s transformative business acumen than the company’s current earnings, says CNBC’s Jim Cramer. Cramer opined that the company, potentially facing losses for years to come,...
What does this industrial conglomerate's further dismantling mean for investors?
SpaceX, now trading as NasdaqGS:SPCX, has agreed to acquire enterprise AI company Cursor in an all stock deal valued at US$60b. The transaction follows the world’s largest ever IPO for SPCX and comes alongside a surge in ETF launches and early index inclusions tied to the stock. Options trading volumes in SPCX have reached record levels within days of listing, drawing attention from both institutional and retail investors. Space Exploration Technologies, better known as SpaceX, is expanding...

<body><p>STORY: ::Intel</p><p>::Archive</p><p>Shares of Intel rose as much as nearly 12% on Thursday, after U.S. President Donald Trump said the company would partner with Apple on chip design and production...</p><p>:: Intel</p><p>in what would be a major boost for Intel's efforts to turn around its business. </p><p>A contract with Apple would lock in steady demand from the iPhone maker, boosting Intel's reputation and sales as it looks to close the gap with rival TSMC, the world's biggest contract chipmaker.</p><p>::Archive</p><p>::AMD</p><p>For Apple, the deal would help diversify its manufacturing base and add chip capacity at a time when TSMC, its key partner, has been stretched thin by surging demand from AI chip-making clients such as Nvidia and AMD.</p><p>Trump's social media post about the agreement did not specify which chips Intel would make for Apple.</p><p>The president said it was his latest effort to help Intel, in which the U.S. government has a 10% stake.</p><p>::Archive</p><p>The Trump administration has been stepping up efforts to secure U.S. supply chains for semiconductors and critical minerals, including taking equity stakes in companies to reduce reliance on China.</p><p>Apple and Intel did not immediately respond to Reuters requests for comment.</p></body>
Investing.com -- Kardigan Inc. shares rose iver 27% roughly one hour into its Nasdaq debut on Thursday, after the heart-health focused biotech raised $400 million in an initial public offering.
AST SpaceMobile Surges as New Satellite Launch Strengthens Growth Story
Intel shares rose after Trump said Apple agreed to work with the chipmaker on US-designed and built chips.
Kroger topped first-quarter sales expectations while maintaining guidance as price cuts and higher transport costs pressured profit.
Micron Stock Jumps as Apple Reveals Growing Chip Cost Pressure
KeyBanc sees more upside from durable data center networking growth.
Barclays raises its target to $39 as GLP-1 momentum builds and a peptide ruling approaches
Take-Two rose after Rockstar confirmed GTA VI pre-orders, easing launch-delay concerns around its Nov. 19 release.
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