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SoftBank Taps Nvidia and Foxconn for AI Servers, Targeting Sovereign AI
SoftBank Corp is negotiating with Nvidia and Foxconn to launch a domestic artificial intelligence server business. Nikkei reports the plan involves forming a...
Arm Shares Sink 5%, Erasing $12 Billion on AI Chip Supply Shortages
British chip designer Arm Holdings shares fell approximately 5% on Thursday. This decline erased more than $12 billion in market value. The sell-off occurred...
AMD predicts 1:1 CPU-to-GPU ratio, driven by Agentic AI demand
AMD reported record data center sales in its Q1 2026 earnings report. CEO Dr. Lisa Su predicts CPU deployments will reach a 1:1 ratio with GPUs. This shift...
Arm Holdings Tumbles, Supply Shortage Threatens $2 Billion AI Demand
Arm Holdings reported record fiscal fourth-quarter revenue of $1.49 billion, surpassing the $1.47 billion consensus estimate. Adjusted earnings reached $0.60...
SpaceX builds $55 billion Texas Terafab, securing AI chip supply
SpaceX announced plans to construct a massive semiconductor manufacturing facility in Texas named Terafab. The project requires an initial investment of...
Google tests Remy AI agent, shifting from chatbots to autonomous assistants
Google is internally testing a new autonomous AI agent named Remy. This initiative signals a strategic move away from conversational chatbots toward proactive...
NVIDIA invests $500M in Corning, scaling US AI fiber production
NVIDIA and Corning signed a multi-year partnership to scale U.S. manufacturing of advanced optical connectivity solutions for AI data centers. Corning will...
Uber Surges on Profit Beat, Driven by Record $3B Buyback
Uber Technologies reported first-quarter 2026 adjusted earnings of $0.72 per share. This performance exceeded the analyst consensus estimate of $0.70....
NVIDIA and Corning build three U.S. plants, scaling AI fiber production
NVIDIA and Corning formed a long-term partnership to expand U.S. manufacturing of optical connectivity for AI infrastructure. Corning will build three new...
NVIDIA and Corning Partner to Scale US AI Infrastructure, Adding 3,000 Jobs
NVIDIA and Corning launched a multiyear partnership to expand U.S. manufacturing of optical connectivity solutions for AI infrastructure. The collaboration...
🟢 VGT is trading 1.6% up today on AI chip earnings and U.S.-Iran diplomatic progress
VGT is trading 1.6% up as a tech sector rally gains momentum, driven by explosive premarket gains in the semiconductor industry and cooling geopolitical...
NVIDIA and Corning expand U.S. optical manufacturing, adding 3,000 AI jobs
NVIDIA and Corning launched a multi-year partnership to scale U.S. manufacturing of advanced optical connectivity. These solutions support the global buildout...
Disney Beats Q2 Estimates, Raises Buybacks to $8 Billion on Streaming Gains
The Walt Disney Company reported fiscal second-quarter results that exceeded Wall Street expectations. Revenue reached $25.17 billion, surpassing the $24.87...
Samsung hits $1 trillion market cap, fueled by AI chip rally
Samsung Electronics' market capitalization exceeded $1 trillion for the first time on Wednesday. A global rally in artificial intelligence semiconductor stocks...
🟢 VGT is trading 1.7% up today on surging AI chip demand and semiconductor strength
VGT is trading 1.7% up today as the technology sector rallies on the back of historic semiconductor valuations and strong earnings results. • AMD surged...
Samsung Electronics hits $1 trillion valuation, fueled by AI chip demand
Samsung Electronics' market capitalization exceeded $1 trillion on May 6, 2026. Company shares surged as much as 12% during the session. Samsung is the first...
AMD Beats Q1 Estimates, Raises Outlook on AI Infrastructure Demand
AMD reported first-quarter 2026 financial results after the market close on May 5. The company generated $10.25 billion in revenue. Net profit reached $1.38...
Intel Surges 13%, Following Reports of Apple Chip Manufacturing Deal
Intel shares rose more than 13% on May 5, 2026. The rally followed a Bloomberg report that Apple held exploratory talks with Intel regarding U.S. chip...
Apple Eyes Intel and Samsung for US Chips, Boosting Intel Shares 13%
Apple holds preliminary talks with Intel and Samsung to manufacture device processors in the United States. This move aims to diversify Apple's supply chain...
Semiconductor Sales Surge 79% in March, Fueled by AI Infrastructure Demand
Global semiconductor sales reached $99.5 billion in March, a 79% year-over-year increase. First-quarter sales for 2026 totaled $298.5 billion, rising 25% from...