Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
China chip and AI stocks slide as investors rethink the AI trade
China's mainland chip and AI stocks dropped at the midday break as investors weigh the costs of AI buildouts and China's ability to ramp chi
Apple's Next CEO Commits to TV Push as Cook Passes the Baton
Apple's incoming CEO John Ternus plans to keep Apple TV+ a priority, citing its momentum. Tim Cook points to the Formula 1 deal as a bluepri
Zhongji Innolight prices Hong Kong IPO at HK$980, raising $6.8 billion
Zhongji Innolight, a Chinese maker of optical transceivers used in AI data centers, priced its Hong Kong IPO at HK$980 per share, raising HK
Applied Digital's AI Data Centers Drive 407% Revenue Surge
Applied Digital's revenue soared 407% to $258.7 million, beating analyst estimates by a wide margin. The growth came from long-term colocati
Cadence lifts 2026 outlook as AI chip design demand surges
Cadence Design Systems raised its 2026 revenue and profit targets, citing strong demand for its AI-driven chip-design software. Quarterly sa
Nvidia may back OpenAI's $500 billion Ohio data center lease
OpenAI wants to lease a $500 billion data center in Ohio, but its credit is weak. Nvidia, with strong finances, may back the deal. This high
Chinese memory chip maker CXMT surges 535% in Shanghai debut, challenging global giants
Chinese DRAM maker CXMT saw its shares spike as much as 535% on its Shanghai debut, briefly becoming the most valuable company on China's ma
Wise Eyes Stablecoin Route After US Trust Charter Denial, UBS Says
Wise's bid for a US national trust charter was denied due to compliance issues. UBS suggests the company could instead pursue stablecoin-bas
UBS Sees Amkor's AI Packaging Business Growing to 19% of Sales by 2027
UBS upgraded Amkor Technology to buy, predicting advanced packaging will grow from 9% to 19% of sales by 2027. The shift is driven by AI dat
Volkswagen in Talks to Hand Control of Spain Battery Plant to China's Gotion
Volkswagen is reportedly in advanced talks to give China's Gotion High-Tech majority control of its planned battery gigafactory in Valencia,
Peacock to Bundle with YouTube Premium in Major NBCUniversal Deal
NBCUniversal will bundle Peacock with YouTube Premium starting in early 2027, bringing Peacock originals and live sports like NFL and NBA ga
Nvidia and SK Group sign $500 billion deal for AI factories in South Korea
Nvidia and South Korea's SK Group have signed letters of intent for a $500 billion AI factory plan. The first site, based in South Korea, is