technology News
TSMC to Build $49 Billion Plant for Next-Gen 1.4nm Chips
The world's largest chipmaker secures permits for its A14 wafer fab, signaling a major capacity expansion to meet soaring AI demand and extend its lead over rivals.
TeraWulf Tumbles 9% on $900M Note Offering to Fund AI Pivot
The deal, aimed at funding a major push into AI infrastructure, sparks immediate investor concern over potential shareholder dilution despite its strategic rationale.
CoreWeave Insiders Unload $355M in Shares Post-IPO Lockup
Sale by a key institutional investor group fuels debate over the AI cloud provider's soaring valuation after a powerful stock run.
NuScale Surges on Partner's $25B Nuclear Deployment Deal
ENTRA1 Energy, NuScale's exclusive partner, secures major capital as part of a broader U.S.-Japan initiative to power AI and industrial growth.
YouTube Reorganizes Around AI, Offers Staff Buyouts in Major Overhaul
The move marks the video giant's most significant restructuring in a decade as parent Alphabet deepens its focus on generative AI across all products.
Estée Lauder Taps Shopify for Global E-Commerce Overhaul
The partnership is a cornerstone of the beauty giant's new strategy to accelerate direct-to-consumer sales and unify its digital shopping experience.
FedEx, ServiceNow Forge AI Alliance as Strong Earnings Fuel Market Puzzle
ServiceNow shares dip despite beating Q3 revenue estimates and announcing a major logistics partnership, while FedEx holds steady.
Data Storage Stocks Surge as Seagate Earnings Signal AI-Driven Boom
A blockbuster quarterly report from Seagate sent its shares to a record high and sparked a rally in rival Western Digital, as Wall Street bets on soaring AI demand.