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Nvidia (NVDA) is no longer willing to only sell the gear behind the artificial intelligence revolution. The chipmaker has taken a stake in Safe Superintelligence, the secretive AI lab set up by ex-OpenAI chief scientist Ilya Sutskever, in a long-term strategic relationship disclosed July 27. Nvidia ...
A single capital spending number from Microsoft could either rescue a $700 billion AI trade from its worst selloff in months or confirm that the boom is finally running out of steam. Every chipmaker on five continents is watching.
Flex (NASDAQ:FLEX) reported first-quarter fiscal 2027 results that included 21% revenue growth, expanding margins and record adjusted earnings per share, while management said the company remains on track to separate its Cloud and Power Infrastructure business into an independent company in the firs
Shares of Bloom Energy (NYSE:BE) advanced 11% to $185.85 in early Wednesday trading after the fuel cell maker delivered a blowout Q2 2026 earnings beat and raised full-year guidance. The move flipped Tuesday’s pre-earnings selloff, when Bloom Energy shares fell 13% amid short-seller pressure from Hunterbrook. However, BE stock soon retreated to $173.29, up 4% ... Bloom Energy Soars 11% on Record $1.07B Q2 Revenue, Raised 2026 Guidance
Eliyan, a startup that aims to ease the bottlenecks in transferring data between AI chips in data centers, said on Wednesday it had raised $145 million in venture funding at a $1 billion valuation. Cisco Systems, Lumentum and an early investor in networking pioneer Mellanox before its sale to Nvidia backed the raising, according to Santa Clara, California-based Eliyan. The startup is developing technology aimed at the growing list of companies that are developing their own custom AI computing chips to compete with graphics processing units from Nvidia and Advanced Micro Devices.
Chip design startup ChipAgents expanded its Series A financing with a $60 million infusion to further fund its plans to speed up semiconductor design through the use of AI agents, its chief executive said. ChipAgents builds software that harnesses so-called AI agents - programs capable of making decisions and executing complex tasks with little or no human oversight - to make the complex, lengthy process of chip design faster and more automated. ChipAgents sees the largest speedup in design with the company's software that is designed to help verify a chip will function as intended, CEO William Wang told Reuters in an interview.
By Amanda Cooper July 29 (Reuters) - Shares in companies driving the AI boom have been under pressure for weeks.
The largest IPO of all time has cooled off. Here's what investors need to know.
The Federal Reserve is expected to raise interest rates twice by year-end -- history suggests that tighter monetary policy could trigger a stock market correction.
Hard economic data, not proactive guesswork, drive Federal Open Market Committee (FOMC) policy decisions.
Jensen Huang had never posted on X before July 24. His first post on the platform wasn't about chips or Nvidia's earnings or the next GPU architecture. It was a letter. An open letter signed by more than 20 tech companies, including Nvidia, Microsoft, Meta, Google, OpenAI, Hugging Face, Mistral, ...
Central banks are good at fighting inflation they can recognize. The trouble starts when the price pressure arrives from somewhere the playbook never anticipated. For most of the past four years, the Federal Reserve has sorted rising prices into two bins. Demand inflation happens when people have ...
The memory maker's two valuation multiples describe two different companies. Believing the cheap one requires one big assumption.
Royal Caribbean's win streak continued.