Tech
The tech companies, chips and platforms moving indexes and reshaping the economy.
Nutanix wins RBC price target hike to $90 after strong Q4
RBC Capital Markets lifted its price target on Nutanix to $90 after a strong fiscal Q4. The firm points to faster growth in external storage
Wedbush: Nvidia Can Outrun AI Chip Supply Constraints
Wedbush analysts say Nvidia can outrun AI chip supply constraints, with memory deals jumping to $279 billion. Higher prices should help offs
Morgan Stanley lifts Nvidia 2028 revenue view, sees 70% growth
Morgan Stanley raised its Nvidia fiscal 2028 revenue forecast to about 70% growth, up from 52%, and lifted its price target. The bank sees A
Nvidia and OpenAI CEOs to attend G20 tech meeting in Raleigh
Nvidia CEO Jensen Huang and OpenAI CEO Sam Altman are expected at next week's G20 tech ministerial in Raleigh, North Carolina. Altman will j
Musk, Sacks to join Altman and Huang at G20 AI meeting in North Carolina
Elon Musk and David Sacks are expected to join OpenAI's Sam Altman and Nvidia's Jensen Huang at a G20 tech meeting in North Carolina. The fo
SK Hynix's $4B Indiana AI chip hub targets 2028 operations
SK Hynix has begun construction on a $4 billion AI memory packaging and research facility in Indiana. The site, linked to Purdue University,
Nvidia's results lift chip stocks, but tariff talk clouds outlook
Nvidia's strong quarterly results reignited the AI trade, lifting chip stocks and Nasdaq futures. But reports of possible Trump-era tariffs
Huawei targets bigger role in AI drug discovery with domestic pharma push
Huawei wants to expand its AI work with Chinese drugmakers, positioning its Ascend and Kunpeng chips as the backbone of drug discovery. The
Nvidia's 70% Revenue Forecast Signals Strong AI Demand Through 2028
Nvidia's rare long-range forecast of 70% revenue growth next year and strong AI demand into 2028 sets a bullish tone for markets. Investors
Kioxia plans ¥1 trillion NAND expansion in Iwate, operations by 2029
Kioxia is reportedly planning a more than ¥1 trillion expansion of its NAND flash memory plant in Iwate, adding a third building with operat
Nvidia's reported $12.9B Hugging Face deal targets AI's open-source heart
Nvidia reportedly agreed to buy Hugging Face for $12.9 billion, putting the chipmaker at the center of open-source AI. The deal would give N
Nvidia and AWS plan 2 million more GPUs by 2028, including US government data centers
Nvidia and Amazon Web Services plan to add 2 million more GPUs to AWS data centers in 2027-2028, including 100,000 for US government facilit