technology News
AMD CEO Flags $100 Billion AI Ambition with OpenAI Partnership
Despite beating Q3 earnings estimates, shares trade lower as investors weigh the 2026 deployment timeline against Nvidia's current market dominance.
Nvidia Shares Tumble as White House Reaffirms Blackwell Chip Ban to China
Reinforced export controls on the company's most advanced AI processors raise concerns over future revenue from a critical market, contributing to a broader tech selloff.
Datavault AI Soars on $10M Biotech License Deal with Scilex
Agreement includes up to $2.55 billion in milestone payments and deepens a partnership initiated by a $150 million strategic investment.
Fabrinet Soars to Record High on AI-Fueled Earnings Beat
Company posts 22% revenue growth and issues blockbuster forecast as demand for data center and AI components accelerates, prompting analyst upgrades.
US Chip Stocks Fall as China Boosts Homegrown AI with New Subsidies
Beijing's energy cost subsidies for data centers using domestic chips pressures Nvidia, AMD, and other US semiconductor giants.
Nvidia Deepens European AI Footprint with $1.15B Deutsche Telekom Deal
Partnership aims to build a sovereign AI 'factory' in Germany, featuring up to 10,000 of Nvidia's advanced Blackwell GPUs to boost regional computing power.
Cipher Mining Dips After Announcing $1.4B Debt Offering
The move to fund a new AI data center comes just one day after strategic partnerships with Google and AWS sent the stock soaring over 20%.
Patria Surges on $9.3B TikTok Data Center Deal in Brazil
The Latin American investment firm's subsidiary Omnia is set to build a massive hyperscale facility, marking a major push into digital infrastructure.