technology News
Shoals Technologies jumps 7% after ITC ruling favors patent claims
Initial determination confirms Voltage LLC infringed on Big Lead Assembly technology, with final ruling expected in June
Nvidia surges 7.6% as CEO Huang defends $660B AI capex buildout
CEO calls AI spending 'largest infrastructure buildout in human history' as tech recovery accelerates
Tokyo Electron lifts forecast 12.7% on AI chip spending surge
¥150B share buyback accompanies profit outlook upgrade as semiconductor equipment demand accelerates
Amazon shares plunge 10% on $200B AI spending plan
Massive capex increase for cloud infrastructure spooks investors amid margin concerns
SiTime surges 22% on $3B deal for Renesas timing business
Transformative acquisition more than doubles revenue and accelerates path to $1B in annual sales
OpenAI launches AI coworkers platform, enterprise adoption accelerates
Financial and life sciences sectors lead adoption as productivity tools reshape business operations
Forgent Power raises $1.5B in IPO as data center energy demand surges
Electrical equipment maker prices at $27 per share, valuing company at nearly $9 billion
Cipher Mining plunges 12% on $2 billion debt offering
Bitcoin miner's market cap shrinks as investors balk at debt load nearly 10 times annual revenue