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AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says
Reuters106d agoneutral
AI chipmaker Cerebras targets $115-$125 share price in US IPO, source says

AI chipmaker Cerebras Systems, a rival to Nvidia , is scheduled to ‌kick off its IPO roadshow on Monday, ‌with shares expected to be priced between $115 and $125, a source ​familiar with the matter told Reuters. This marks Cerebras' second attempt to go public after withdrawing a previous IPO filing last October. Cerebras did not immediately respond ‌to Reuters request ⁠for a comment.

AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record
Bloomberg106d agoneutral
AI Chipmakers in Korea, Taiwan Drive Asian Stocks to Record

(Bloomberg) -- A rally in shares tied to artificial intelligence helped Asia’s stock benchmark wipe out losses sparked by the Iran war and climb back to an all-time high.Most Read from BloombergBeijing Tells China Firms to Ignore US Sanctions on RefinersSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzFormer NYC Mayor Giuliani in Critical Condition, Trump SaysPhilippines Says Thousands Evacuated as Mayon Volcano EruptsThe MSCI A

MediaTek hires former TSMC executive to boost AI chip packaging
Reuters106d agoneutral
MediaTek hires former TSMC executive to boost AI chip packaging

Taiwanese chip designer MediaTek said it has appointed former ‌TSMC executive Douglas Yu as a part-time ‌adviser as it steps up advanced packaging work and expands ​into the AI chip market. • Yu joined TSMC in 1994 and retired in 2025, holding a range of roles in backend ‌research and development. ⁠He played a key part in developing TSMC's advanced packaging technologies, including its ⁠CoWoS (Chip on Wafer on Substrate).

Nvidia’s $1 million problem is getting worse in China
TheStreet107d agoneutral
Nvidia’s $1 million problem is getting worse in China

The worldwide race for artificial intelligence is producing no lack of eye-popping figures. But Nvidia's (NVDA) latest may be one of the clearest signals yet that the AI revolution is facing a real hardware constraint. Nvidia is the backbone of the AI economy powering data centers, large language ...

‘Tech Is Back’: Fund Investors Recovered in April
The Wall Street Journal107d agoneutral
‘Tech Is Back’: Fund Investors Recovered in April

Fund investors can thank the big tech stocks for getting the second quarter off to a better start than the first. Powered by gains in Nvidia and Google parent Alphabet the stock market in April logged its best month since 2020, shaking off declines in the first quarter when the war in Iran started. “The tech sector is back,” says Adam Turnquist, chief technical strategist for LPL Financial ”After a 115-day hiatus from new highs, the sector has finally reached record-high territory.”

Big Tech Earnings Show Split Between AI Trade Winners and Losers
Bloomberg107d agoneutral
Big Tech Earnings Show Split Between AI Trade Winners and Losers

(Bloomberg) -- The world’s biggest technology companies posted strong earnings last week, showing that the artificial intelligence boom is alive and well. But in the stock market, investors are getting more granular as they try to divvy up the winners and losers in the AI trade.Most Read from BloombergSupertanker Appears to Have Crossed the Strait of HormuzWorld’s Largest Container Carrier Plans Route Avoiding HormuzBeijing Tells China Firms to Ignore US Sanctions on RefinersPhilippines Says Tho

Rivian Tops Q1 Estimates, but Investors Investors Rightly Remain Wary
24/7 Wall St.107d agobullish
Rivian Tops Q1 Estimates, but Investors Investors Rightly Remain Wary

Electric vehicle stocks have faced a bumpy road lately, with softening demand, tariff worries, and high interest rates testing even the strongest players. Investors wonder if newer entrants like Rivian can scale fast enough to compete against Tesla’s (NASDAQ:TSLA) volume machine or Ford’s (NYSE:F) established truck network. Rivian’s (NASDAQ:RIVN) latest quarterly results offer a mixed ... Rivian Tops Q1 Estimates, but Investors Investors Rightly Remain Wary

This High-Yield Emerging Funds ETF Offers International Diversification
24/7 Wall St.107d agoneutral
This High-Yield Emerging Funds ETF Offers International Diversification

The WisdomTree Emerging Markets High Dividend Fund (NYSEARCA:DEM) was built for a specific problem: U.S. investors who own the S&P 500, a few mega-cap tech names, and call it a day are sitting on a portfolio that is almost entirely tied to one currency, one economy, and one set of Federal Reserve decisions. DEM screens ... This High-Yield Emerging Funds ETF Offers International Diversification