Today: 3 July 2026

Beyond Nvidia: Broadcom and TSMC tipped as big winners in the custom AI chip boom

Beyond Nvidia: Broadcom and TSMC tipped as big winners in the custom AI chip boom

Broadcom shares dropped around 6%, while TSMC slid about 2% in U.S. trading Tuesday, despite growing investor interest in custom AI chips competing with Nvidia’s leading graphics processors. A recent analysis from The Motley Fool highlighted how major cloud players—known as “hyperscalers,” the biggest data center operators—are driving up capital spending and expanding their focus past just compute. They’re investing heavily in the networking infrastructure that powers AI clusters. The report pointed out that Broadcom stands to benefit, given its roles in both networking and custom silicon as these budgets grow.
3 February 2026
····
Glencore freezes $1 billion Quebec Horne Smelter upgrade amid arsenic-emissions standoff

Glencore freezes $1 billion Quebec Horne Smelter upgrade amid arsenic-emissions standoff

ROUYN-NORANDA, Feb. 3, 2026, 13:18 Glencore announced Tuesday it’s putting on hold nearly $1 billion in planned investments at the Horne Smelter, the biggest copper producer in Canada, after Quebec failed to provide what the company calls regulatory certainty on emissions limits. COO Marc Bédard said they had “worked in good faith” but the necessary conditions to move forward just weren’t there.
3 February 2026
·
1 … 572 573 574 575 576 … 2,136

Stock Market Today

  • MARA Holdings Sinks 7.26% as Long Ridge Deal Moves Forward
    July 3, 2026, 2:04 PM EDT. MARA Holdings (NASDAQ:MARA) ended Thursday at $12.40, off 7.26%. Shares are down 14.7% in four days as the market pulls back. The company reported insider tax withholding of 145,540 shares at $13.89, showing a split between the transaction price and where shares finished. MARA recently announced plans to buy Long Ridge Energy & Power for around $1.5 billion, counting $785 million in debt. With the buy, MARA aims for key assets to move ahead with a planned data center campus. Long Ridge turned in positive adjusted EBITDA in Q1, a difference from MARA's larger EBITDA loss. U.S. markets are shut Friday for Independence Day, making Thursday the final trading day of the week.
Go toTop