AI Stocks Today: Nvidia Leads Chip Rally as Hot Inflation Tests the Trade
On Wednesday, U.S. AI stocks climbed, with Nvidia leading the charge as chipmakers bounced back. Investors continued piling into firms most exposed to artificial-intelligence…
Technology
On Wednesday, U.S. AI stocks climbed, with Nvidia leading the charge as chipmakers bounced back. Investors continued piling into firms most exposed to artificial-intelligence infrastructure, shrugging off a hotter-than-expected inflation reading that put a…
All coverage
On Wednesday, U.S. AI stocks climbed, with Nvidia leading the charge as chipmakers bounced back. Investors continued piling into firms most exposed to artificial-intelligence…
Apple Inc. jumped into Europe’s battle with Alphabet’s Google on Wednesday, flagging EU draft rules that would force Android to open up to competing…
Palantir Technologies shares slipped Wednesday, despite CEO Alex Karp’s meeting with President Volodymyr Zelenskiy, which again highlighted the U.S. software firm’s role in Ukraine’s…
POET Technologies Inc. has installed a seasoned semiconductor operations executive as its new chief operating officer, aiming to ramp up toward volume manufacturing. The…
Ondas Inc. notched another milestone in its defense portfolio as its UK subsidiary, Rotron Aerospace, wrapped up a firing demo of SkyLance—a long-range one-way…
Wolfspeed popped over 21%, up to $65.13 by late Wednesday morning. At one point, shares spiked as high as $77.90. The chipmaker’s market cap…
LinkedIn is set to lay off around 5% of its staff, adding to the tech industry’s persistent job cuts—even as the Microsoft-owned networking platform…
The Federal Motor Carrier Safety Administration plans to pull the plug on its old registration system Thursday night, clearing the way for Motus, a…
Marvell Technology surged close to 10% by late morning in New York after a regulatory filing revealed Advanced Micro Devices owned 65,516 shares in…
Nokia Oyj is bringing in Siemens executive Emma Falck to head up its Mobile Infrastructure division starting Sept. 1, shifting the leadership of its…
Intel Corp. shares slid in early U.S. trading Wednesday, opening a window for short sellers following one of Wall Street’s quickest large-cap runs this…
VNET Group Inc. stock surged Wednesday after the Chinese data center firm announced PJ Millennium I Ltd. and PJ Millennium II Ltd. had struck…
SoftBank Group on Wednesday reported a sharp jump in quarterly profit, crediting a significant boost from its OpenAI stake. For the January-March period, net…
• Just days after rolling out its Nvidia-powered AI infrastructure strategy, IREN pushed through an upsized $2.6 billion convertible-note offering.
Alibaba Group’s U.S.-listed American depositary receipts, the NYSE-traded proxy for the Chinese company, were quoted at $136.15 in early premarket, up 1.02%, after closing…
Regular U.S. trading is still ahead, making Tuesday’s close the reference point for now. Wolfspeed ended the session at $53.72, a gain of 6.8%,…