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Apple briefly becomes second company ever to notch $5 trillion market value
Reuters8d agoneutral
Apple briefly becomes second company ever to notch $5 trillion market value

Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after ‌Nvidia. Its shares were last up 0.2% at $337.7, giving it a market capitalization of $4.96 ‌trillion. The iPhone maker became the most valuable company ​in the world earlier this month, overtaking chip giant Nvidia - which had been at the top since June 2025 and was the first company ever to breach the $5 trillion threshold.

Nvidia behind $50 billion lease on Texas data center, FT reports
Reuters8d agoneutral
Nvidia behind $50 billion lease on Texas data center, FT reports

Nvidia has ‌signed ‌leases worth up ​to $50 billion for a data ‌center in ⁠Texas that Hut ⁠8 is building, ​the ​Financial ​Times reported ‌on Tuesday, citing five people familiar with ‌the ​deal. Reuters ​could ​not ‌immediately verify the ​report. (Reporting ​by Gnaneshwar Rajan ​in ‌Bengaluru; Editing ​by Sonia ​Cheema)

Bloomberg8d agoneutral
Anthropic’s Amodei Rejects Open Model Ban But Calls for Testing

(Bloomberg) -- Silicon Valley leaders, including Anthropic PBC Chief Executive Officer Dario Amodei and Nvidia Corp. CEO Jensen Huang, are warning against a broad government crackdown on open-weight artificial intelligence systems as a response to a breakthrough Chinese AI model that’s challenged US leadership in the technology.Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offse

Nvidia just made a move Wall Street wasn't ready for
TheStreet8d agoneutral
Nvidia just made a move Wall Street wasn't ready for

The artificial intelligence (AI) buildout has entered a new phase. Companies are no longer just buying chips in bulk. They now hunt land, power, and financing on a scale the tech industry rarely attempts. Nvidia (NVDA) sits at the center of that shift, and its next move could reshape how AI ...

Samsung, SK Hynix slide amid Nvidia financing worries, China competition
Reuters8d agoneutral
Samsung, SK Hynix slide amid Nvidia financing worries, China competition

South Korean chip stocks slumped on Tuesday, with Samsung Electronics and SK Hynix falling as much as ‌9.5% and 10.9%, respectively, as investors dumped AI-related bets amid mounting concerns ‌over financing risks tied to AI infrastructure spending and intensifying competition from China. SK Hynix's U.S.-listed shares had ​already slumped overnight, closing at $143.02, below their initial public offering price of $149. The benchmark KOSPI was trading down 7.3% as of 0032 GMT.

Amkor Technology Q2 Earnings Call Highlights
MarketBeat8d agoneutral
Amkor Technology Q2 Earnings Call Highlights

Amkor Technology (NASDAQ:AMKR) reported record second-quarter revenue of $1.9 billion, up 13% sequentially and 26% from a year earlier, as growth in computing and automotive and industrial markets helped the semiconductor packaging and test company exceed the high end of its guidance. Chief Executi