technology News
AMD Shares Rise on Plan to Pay US Fee for China AI Chip Sales
CEO Lisa Su confirms the company will pay a 15% fee to resume shipments of its MI308 chips, signaling confidence in the high-stakes Chinese market.
Nvidia Stock Rises as Key China Export Bill Is Shelved by Congress
Investors focus on a significant lobbying win that averted broader AI chip restrictions, overshadowing a new bipartisan proposal to block specific high-end sales to China.
Samsara Stock Climbs on Strong Growth and Record Profitability
The industrial data company surpassed Q3 revenue expectations and delivered its first quarter of non-GAAP operating income, signaling a new phase of efficient growth.
Amazon Deepens Cloud Chip Push with New Graviton5 Processor
The new custom-designed chip aims to boost performance and efficiency for its AWS clients, intensifying competition with Microsoft, Google, and traditional chipmakers.
Palantir, Nvidia Tackle AI's Energy Crisis with Utility Partnership
New 'Chain Reaction' initiative with CenterPoint Energy aims to overhaul grid infrastructure to power the explosive growth of data centers.
Snowflake Hits $100M AI Revenue Run Rate, Shares Climb
CEO Sridhar Ramaswamy says the milestone is driven by 'real usage, not hype,' as the data cloud company proves early success in monetizing enterprise AI.
Semiconductor Stocks Advance as Key US Export Bill Falters
The exclusion of the GAIN AI Act from a defense bill signals a strategic shift, easing investor concerns for chipmakers like Nvidia despite ongoing US-China tech tensions.
Intel Scraps Sale of Networking Unit in Major AI Strategy Pivot
The chipmaker will integrate its Network and Edge Group into its core business, signaling a deeper commitment to its 'AI Everywhere' ambitions.