Amazon bond sale could hit $42 billion as AI spending race intensifies
Amazon.com is lining up a bond sale worth between $37 billion and $42 billion across both dollars and euros, Bloomberg News said Tuesday—putting the…
Artificial Intelligence
Amazon.com is lining up a bond sale worth between $37 billion and $42 billion across both dollars and euros, Bloomberg News said Tuesday—putting the offering among the largest ever seen in corporate debt. Bloomberg…
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Amazon.com is lining up a bond sale worth between $37 billion and $42 billion across both dollars and euros, Bloomberg News said Tuesday—putting the…
CrowdStrike Holdings was little changed in afternoon trading on Tuesday after Morgan Stanley upgraded the cybersecurity company to overweight and raised its price target.…
Corning jumped roughly 6.5% to $137.50 by midday Tuesday. Ciena and Lumentum, both in the optical networking space, also saw gains, each climbing more…
Cisco Systems is now plugging Splunk analytics into its Nexus Dashboard, the control hub within its Nexus One platform, aiming to speed up network…
Shares of Coherent Corp climbed close to 6% Tuesday, after the company announced it’s set to join the S&P 500 on March 23. That…
Goldman Sachs is offering hedge funds a way to go long or short on corporate loans, according to a person familiar with the matter…
Applied Materials on Tuesday announced a partnership with Micron Technology aimed at building out next-gen memory for AI systems at its EPIC research hub…
Lam Research Corp announced Tuesday it’s teaming up with IBM on a five-year effort to advance chipmaking technology for logic chips smaller than 1nm,…
Intel introduced a new slate of processors targeting industrial and medical sectors at Embedded World in Nuremberg on Tuesday, stepping up its edge AI…
Advanced Micro Devices has settled two patent suits brought by Adeia and agreed to a multi-year license for the technology firm’s semiconductor intellectual property…
Amazon’s cloud division on Tuesday said it’s working with customers to shift defense work—specifically projects linked to Pentagon contracts—away from Anthropic’s Claude. Those jobs…
Broadcom drew attention again Tuesday, following a Monday close at $345.75, up 4.6%. The chipmaker stood out among top performers on the Philadelphia semiconductor…
Microsoft on Monday rolled Anthropic’s tech into its Microsoft 365 Copilot lineup, launching a fresh feature dubbed Copilot Cowork. The company also pulled the…
Micron Technology shares gained roughly 2.3% Monday, with Citi and Susquehanna lifting their price targets ahead of the chipmaker’s results set for March 18.…
Plug Power is looking to tap into surging AI data center demand, aiming to supply as much as 250 megawatts of hydrogen-fueled electricity in…
ABB’s robotics arm on Monday announced plans to weave NVIDIA Corporation’s Omniverse libraries into RobotStudio, aiming to help robots trained in simulation perform more…