technology News

NVIDIA Slips as OpenAI, Foxconn Partner on AI Infrastructure
Technology
4mo ago

NVIDIA Slips as OpenAI, Foxconn Partner on AI Infrastructure

The partnership to build U.S.-based AI data centers initially rattles investors, but highlights the massive, growing demand for NVIDIA's core chip technology.

Tesla Stock Gains Traction on 'Truly Impressive' FSD v14 Review
Technology
4mo ago

Tesla Stock Gains Traction on 'Truly Impressive' FSD v14 Review

Piper Sandler reiterates a $500 price target, calling the autonomous driving software potentially 'better than the average American driver' and reigniting debate on the company's valuation.

Foxconn Signals $3B AI Spending Spree, Bolstering Semiconductor Outlook
Technology
4mo ago

Foxconn Signals $3B AI Spending Spree, Bolstering Semiconductor Outlook

The massive annual investment from the key Nvidia partner provides a strong demand signal for AI hardware, even as chip stocks face near-term market turbulence.

Cipher Mining Raises $333M Debt for AI Data Center Expansion
Technology
4mo ago

Cipher Mining Raises $333M Debt for AI Data Center Expansion

Move supports an $830 million hosting deal with Fluidstack, backed by Google, as the Bitcoin miner diversifies into artificial intelligence infrastructure.

Bitcoin Miners Garner Bullish Ratings on AI Data Center Pivot
Technology
4mo ago

Bitcoin Miners Garner Bullish Ratings on AI Data Center Pivot

Citizens JMP initiates coverage on miners like IREN, CIFR, and RIOT, citing their strategic shift from crypto to powering the high-demand AI industry.

Palantir Surges Over 4% on Key Australian Security Approval
Technology
4mo ago

Palantir Surges Over 4% on Key Australian Security Approval

The data analytics firm's Foundry platform achieved a 'PROTECTED' level security assessment, paving the way for expanded government and enterprise contracts.

Astera Labs Gains as BNP Paribas Sets Bullish $225 Price Target
Technology
4mo ago

Astera Labs Gains as BNP Paribas Sets Bullish $225 Price Target

The investment bank initiated coverage with an 'Outperform' rating, citing the company's key role in the expanding AI data center market.

Dell Shares Drop as Key AI Infrastructure Project Faces Delays
Technology
4mo ago

Dell Shares Drop as Key AI Infrastructure Project Faces Delays

A reported three-month postponement of 'Project Maverick' due to scalability concerns raises questions about the tech giant's internal AI transformation.