Chip Stocks Drop as OpenAI Report Tests Nvidia, AMD and Broadcom AI Rally

Chip names dropped Tuesday, with Nvidia, AMD, and Broadcom all under pressure. Investors pulled back after the Wall Street Journal threw new uncertainty on OpenAI’s growth prospects and its future financing for computing power.

28 April 2026

Applied Materials Stock Falls as U.S. Curbs Put China Chip-Tool Sales Back in Focus

Shares of Applied Materials dropped Tuesday, following a Reuters report that the U.S. Commerce Department last week ordered certain chip equipment makers to stop sending some tools to Hua Hong, China’s No. 2 chip producer. Lam Research, Applied Materials, and KLA were thought to be among the firms that got letters, Reuters said, citing sources familiar with the situation.

28 April 2026

NASDAQ:AMAT·NASDAQ:KLAC·NASDAQ:LRCX·Semiconductors·Stock Market·Technology

Navitas Stock Slides 17% as AI Power-Chip Rally Runs Into Earnings Test

Navitas Semiconductor dropped roughly 17% by late morning Tuesday, snapping back after a strong rally that put the power-chip maker close to its 52-week peak. Shares were last seen at $15.11, having slipped to an intraday low of $14.84. Volume topped 26 million shares early on.

28 April 2026

Earnings Reports·NASDAQ:NVTS·Stock Market·Technology

GitLab Stock Rises After Anthropic Claude Deal as AI Tool Race Heats Up

GitLab Inc. on Tuesday announced it’s expanding its partnership with Anthropic, integrating the latest Claude models into the GitLab Duo Agent Platform. Enterprise users now get direct access to new Claude tools, with all agent activities still governed by GitLab’s compliance, audit, and policy frameworks.

28 April 2026

Artificial Intelligence·NASDAQ:GTLB·Stock Market·Technology

Nvidia Stock Today: Why Shares Are Falling After the OpenAI Shock

Nvidia slid 1.8% to $212.78 Tuesday, erasing some of Monday’s rally. The pullback came as traders exited AI names following a report that cast doubt on OpenAI’s user numbers, revenue, and future spending on compute. At its session low, Nvidia hit $208.62, but the chipmaker still held onto a market cap north of $5.2 trillion.

28 April 2026

NASDAQ:AMD·NASDAQ:ARM·NASDAQ:AVGO·NASDAQ:NVDA·NYSE:ORCL·Stock Market·Technology·TSX:9984

Google Stock Today: Alphabet Edges Higher Before Earnings as AI Spending Questions Loom

Alphabet shares edged up 0.5% to $352.10 early Tuesday, sticking close to record highs. The stock swung between $345.94 and $352.68 as investors braced for Google parent’s latest earnings, while digesting new developments in AI, defense contracts, and ongoing regulatory scrutiny.

28 April 2026

Artificial Intelligence·Earnings Reports·NASDAQ:GOOGL·Stock Market·Technology

Why Rambus Stock Fell Even as AI Memory Sales Jumped in Q1

Shares of Rambus Inc. plunged 10.79% on Monday, closing at $141.31. Earlier in the session, the stock had hit a high of $161.70 before retreating sharply. The chipmaker reported first-quarter revenue of $180.2 million and pointed to robust data-center demand driven by AI, but that wasn’t enough to calm investors. Growth in the company’s product business fell short of reversing the selloff.

27 April 2026

Earnings Reports·NASDAQ:RMBS·Stock Market·Technology

Why Celestica Stock Fell After Strong Earnings and a Bigger AI Forecast

Celestica shares dropped after hours on Monday, despite the Canadian electronics firm posting better-than-expected quarterly profits and lifting its guidance for 2026—investors appeared to take profits in the AI infrastructure play. First-quarter revenue landed at $4.05 billion, a 53% jump from last year. Adjusted earnings per share hit $2.16, with that non-GAAP figure excluding certain costs.

27 April 2026

Artificial Intelligence·Earnings Reports·NYSE:CLS·Technology

Nvidia’s $5 Trillion Comeback Has One Big Question Wall Street Can’t Ignore

Nvidia climbed once more on Monday afternoon, lifting its market cap to roughly $5.27 trillion after Friday’s record finish nudged the stock back above $5 trillion. Shares hovered around $215, up 3.3%, as traders continued snapping up the heavyweight in AI chips.

27 April 2026

NASDAQ:NVDA·NVIDIA·Stock Market·Technology

Sandisk Stock Hits Record As AI Memory Bets Put Earnings In Crosshairs

Sandisk Corp climbed 7.4% on Monday, notching a record at $1,063.55. Analysts have lifted their targets, pointing to surging AI-fueled demand for data storage as a catalyst for the flash-memory heavyweight. That rally drove Sandisk’s market cap up to about $165.9 billion just before its earnings report this week.

27 April 2026

Artificial Intelligence·Earnings·NASDAQ:SNDK·Stock Market·Technology

Bill Ackman’s Uber Bet Just Got a $10 Billion Robotaxi Test

Uber Technologies climbed roughly 2% Monday, with investors zeroing in on Bill Ackman’s persistent position in the ride-hailing company and Uber’s push to weave autonomous vehicles directly into its app. Shares hovered around $76.17 late in the morning in New York, putting the company’s market cap close to $161.8 billion.

27 April 2026

Autonomous Vehicles·Innovation·NYSE:UBER·Stock Market·Technology

SoundHound AI Stock Faces A $500 Million LivePerson Test As Wedbush Stays Bullish

SoundHound AI slipped roughly 1.4% to $8.075 just after the Nasdaq bell Monday, with investors picking over its move to acquire LivePerson entirely in stock. The deal raised fresh doubts on dilution, integration and profitability. LivePerson also lost ground, off 0.7% at $2.70.

27 April 2026

Artificial Intelligence·NASDAQ:LPSN·NASDAQ:SOUN·Stock Market·Technology

Joby Aviation Stock Gets NYC Air Taxi Catalyst as Archer Rivalry Heats Up

Joby Aviation on Monday reported it pulled off New York City’s inaugural point-to-point flights using an electric vertical takeoff and landing air taxi, flying its battery-powered craft from John F. Kennedy International Airport out to Downtown Skyport, then over to the West 30th Street and East 34th Street heliports. These eVTOLs lift straight up like helicopters. According to Joby, that same JFK route—typically a 60- to 120-minute slog by car—would take just seven minutes in the air.

27 April 2026

NASDAQ:ACHR·NYSE:JOBY·Stock Market·Technology

POET Technologies Stock Jumps 108% as Marvell AI Order Puts Optics Firm in Play

POET Technologies climbed again in premarket action Monday, trading at $16.40 as of 7:59 a.m. EDT. The stock had already more than doubled last week, finishing Friday at $15.10, a 28.84% jump for the day after it peaked at $15.50. Traders piled in after the company linked a fresh order to Marvell Technology’s AI infrastructure efforts.

27 April 2026

Artificial Intelligence·Stock Market·Technology

Rigetti Computing (RGTI) Stock Gets Fresh Sell Call as 108-Qubit Test Looms

On Sunday, Wall Street Zen downgraded Rigetti Computing, Inc. to “sell” from “hold,” putting more weight on the quantum-computing stock. That’s despite the fact that MarketBeat data still shows a wider “Moderate Buy” consensus for the name.

26 April 2026

NASDAQ:RGTI·Quantum Computing·Stock Market·Technology

Blackstone Just Put $16 Billion Behind Oracle’s AI Buildout. The Hard Part Comes Next

Blackstone Inc. and Related Digital have locked down financing for the $16 billion Oracle data center campus planned for Saline Township, Michigan, bringing new private capital to one of the largest U.S. AI infrastructure builds. According to the companies, the financing structure pulls in equity from Related Digital and Blackstone-linked funds, with fixed-rate, long-term debt provided by funds and accounts overseen by PIMCO.

26 April 2026

Artificial Intelligence·Cloud Computing·NYSE:BX·NYSE:ORCL·Technology

Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America Corporation is leading the $16 billion financing package for a Michigan data center campus—an Oracle-backed project from Related Digital—handing the U.S. bank a major role as AI infrastructure spending accelerates. Related Digital, along with Blackstone, confirmed the deal for the Saline Township development. Bank of America steps in as both structuring agent and financial advisor.

26 April 2026

Artificial Intelligence·Data Centers·NYSE:BAC·NYSE:BX·NYSE:GS·NYSE:ORCL·NYSE:WFC·Technology

Lightwave Logic Stock Drop Puts $51 Million Share-Sale Plan and AI Optics Push in Focus

Lightwave Logic shares pulled back in the latest U.S. trading session, putting fresh attention on the company’s expanded stock-sale program and its still-early push to turn electro-optic polymer technology into commercial revenue. LWLG last traded at $12.665, down about 6.9%, after swinging between $11.905 and $14.21 on volume of about 11.0 million shares.

26 April 2026

Artificial Intelligence·NASDAQ:LWLG·Stock Market·Technology

Silicon Motion Stock Jumps Before Q1 Earnings As Dividend Date Nears

Silicon Motion Technology Corp’s Nasdaq-listed shares have surged to a new high ahead of first-quarter earnings. A strong move Friday, paired with the company’s dividend confirmation, has brought the NAND flash controller supplier back into focus for investors.

26 April 2026

Dividends·Earnings Reports·NASDAQ:SIMO·Stock Market·Technology

Nokia Oyj Stock Faces a Fresh Test After AI Orders Light Up Earnings

Nokia Oyj’s AI-fueled share surge runs into a hurdle Monday, as the Finnish network gear maker’s stock goes ex-dividend after Q1 results turned the spotlight back on optical and cloud infrastructure. The ex-date lands April 27 on both Nasdaq Helsinki and the NYSE, with a 0.04 euro payout for Helsinki and $0.0468 gross on the New York line.

26 April 2026

Artificial Intelligence·Earnings Reports·NASDAQ:NOKIA·NYSE:NOK·Stock Market·Technology