News

This crypto exchange is giving investors a form of exposure to SpaceX before its IPO.

Taiwan chip designer MediaTek said on Friday it supports both TSMC's and Intel's ‌advanced packaging technologies, allowing customers to choose between the ‌two approaches. CoWoS, or Chip-on-Wafer-on-Substrate, is TSMC's advanced packaging technology widely used for artificial intelligence chips, including those designed ‌by Nvidia.

By Eduardo Baptista and Liam Mo BEIJING, May 29 (Reuters) - When AMD CEO Lisa Su arrived in China last week just days after Nvidia's CEO left, she kept a much lower profile than Jensen Huang, who drew

President Trump desperately wants lower interest rates, but his decision to attack Iran could force the Federal Reserve to raise rates.

Shares of Dell Technologies soared nearly 40% in premarket trading on Friday, after robust demand for its Nvidia-powered ‌AI servers prompted the company to raise its annual revenue ‌and profit forecasts. Dell has benefited significantly from data center investments by Alphabet and Amazon, as well as price increases and improved supply chain management. On Thursday, Dell ‌raised its annual revenue forecast ⁠to $165 billion to $169 billion from $138 billion to $142 billion, and said it now expects AI server revenue of about $60 ⁠billion in fiscal 2027, up from $50 billion.

The chances of market mayhem are lower with Powell remaining at the Fed.

TAIPEI, May 29 (Reuters) - Taiwan's tech-driven economy is expected to grow at its fastest pace in 16 years in 2026, the government statistics agency said on Friday, thanks to booming demand for

TAIPEI, May 29 (Reuters) - At Taiwan's annual Computex trade show next week, the spotlight is likely to be dominated, as usual, by Nvidia and its products, but also by the island's central and growing role in AI infrastructure. Nvidia CEO Jensen ‌Huang, arriving in Taipei more than a week ahead of the show, more than made that point when he said on ‌Wednesday that his company would spend as much as $150 billion a year in Taiwan, which he called the epicentre of the AI revolution.

The company filed a prospectus with important information for potential investors.

Samsung Electronics on Friday said it started shipping samples of its latest high-bandwidth memory (HBM) chip to customers, pulling ahead of rivals in distributing a new version of the product critical to ‌AI data centers and sending its shares higher. Samsung said the chip uses its latest 1c DRAM process technology - sixth-generation, 10-nanometer-class DRAM - alongside Samsung's 4-nanometer foundry ​logic base die. The rollout is part of Samsung's efforts to regain momentum in the HBM market after falling behind rivals like SK Hynix and Micron in supplying advanced artificial intelligence memory chips, particularly to Nvidia.

Taiwan's Foxconn, the world's largest contract electronics maker, has "immense ‌confidence" in its growth momentum because of ‌soaring AI demand, Chairman Young Liu said on Friday. The company, ​Nvidia's biggest server maker and Apple's top iPhone assembler, this month reported a 19% rise in first-quarter profit versus the same period a year earlier, ‌beating expectations due ⁠to strong global demand for AI products. Liu, speaking at an annual shareholders meeting ⁠in Taipei's neighbouring city of New Taipei, said AI remains highly sought after, with capital spending by ​the major ​cloud service providers already ​exceeding $700 billion this year.

Nvidia (NVDA) stock closed at $212.6 on May 27, down 9.81% from its highest closing price of $235.74 on May 14. The dip comes as a result of a common pattern of volatility for the stock near its earnings report. Nvidia reported its first quarter (Q1) fiscal year 2027 earnings on May 20. Nvidia did ...

(Bloomberg) -- Dell Technologies Inc. shares gained almost 40% in extended trading after the hardware maker gave an outlook for annual sales that far surpassed analysts’ estimates, fueled by demand for servers that power artificial intelligence work.Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermApple to Overhaul iOS 27 Siri, AI Features: Here's a First PeekCVS Returns Zepbound to Drug Plans After Lilly Slashes PriceIran’s Khamenei Says No Going Back for Middle Ea

Samsung Electronics said on Friday it has started shipping ‌samples of its latest high-bandwidth memory (HBM) ‌chip, or the 12-layer HBM4E, marking what it said ​was the industry's first shipment of such products. Samsung said the chip uses its latest ⁠1c DRAM process technology, or sixth-generation 10-nanometer-class DRAM, alongside Samsung's 4-nanometer foundry logic base die. The move comes just three months after Samsung began shipping its HBM4 chips to customers in February, underscoring Samsung's ‌efforts to strengthen its ​position in the next-generation ​AI memory market ​by proactively supplying samples of ‌its latest products.

Ripple (CRYPTO: XRP) has spent years trying to plug into the traditional financial system, and Washington may finally be opening the door. President Trump’s May 19 executive order has put Ripple’s application for a Fed master account back in the spotlight, and the crypto market is paying attention. XRP is trading around $1.28 today after ... AI Predicts What XRP Looks Like If Ripple Gets A Fed Master Account

The April reading of the personal consumption expenditures price index was released earlier today.

Company Says 'AI Opportunity Shows No Sign of Slowing'

Despite high energy costs and persistent inflation, people are still spending on technology.

The company said authorities arrested suspects and seized servers tied to illegal shipments.

Dell boosted its annual revenue and profit expectations on Thursday, showing data center expansion by clients is ‌fueling demand for its AI-optimized servers that are powered ‌by Nvidia's powerful chips. U.S. tech giants including Alphabet and Amazon plan to spend over $700 ​billion on AI infrastructure this year, which would drive up demand for server and data center equipment from suppliers such as Dell and Super Micro Computer. These AI servers are critical for powering services such as ‌ChatGPT, as they are ⁠equipped with advanced memory chips to store data and instructions, providing the immense computing power required for such ⁠applications.

The federal government is giving newborn Americans $1,000 to invest in the stock market while handing Robinhood millions of future customers in the process.

There is a number most people stop being able to picture once it gets past a billion. You can imagine a million dollars. You can almost imagine a billion. A trillion is already abstract. Five trillion, however, is folklore. That is the territory Nvidia (NVDA) is now operating in, and it is the part ...

Moby summary of Sono-Tek Corporation's Q4 2026 earnings call

Moby summary of REX American Resources Corporation's Q1 2026 earnings call

Moby summary of Hormel Foods Corporation's Q2 2026 earnings call

Moby summary of Diana Shipping Inc.'s Q1 2026 earnings call

Groq is raising up to $650 million from existing investors, Axios ‌reported on Thursday, after the AI ‌chip startup signed a $17 billion licensing deal with Nvidia ​in December. Groq has been shifting focus away from hardware toward AI inferencing, where it specializes in enabling trained AI models to ‌respond to user ⁠requests. • The startup's investors have already received payouts, with a final cash ⁠distribution expected soon through the Nvidia deal, Axios reported.

Banks can see their margins improve if the Fed begins raising rates. But the best play is to concentrate on the big banks instead of the broader financial services sector.

Every IPO prospectus has a risk factors section. Almost no one reads it. With SpaceX preparing to list on the NASDAQ, the document is hundreds of pages long, and the most interesting sentences are buried where retail investors rarely look. I’ve been reading space-economy filings for years now, and two admissions inside SpaceX’s pre-IPO disclosures ... Two Things SpaceX Just Admitted Ahead of Its IPO That Wall Street Doesn’t Want You to Read

Low-cost rockets are making it possible to scale a business that barely seemed feasible a few years ago.