CA
NZ
UK
AU
IND
US
Fortinet, a leader in cybersecurity solutions, has signed on to produce specialized security chips through Intel’s manufacturing arm, signaling a strategic pivot toward custom silicon for high-growth sectors. The agreement arrives as Intel seeks to revitalize its foundry business, which has struggled to gain …
Meta Platforms (NASDAQ: META) stands trial in Tennessee starting July 22 over accusations that Instagram was deliberately designed to addict teenage users, a legal challenge that could force changes to core features and impose financial penalties. The state alleges Meta violated consumer protection laws …
SpaceX’s decision to hold its maiden earnings report on August 4 has sent ripples through the private space sector, as the event coincides with the first lock-up expiration for shares valued at $109.2 billion. The announcement triggered a rebound in the company’s stock on …
Tesla (NASDAQ: TSLA) is preparing to release its first quarterly cash‑burn figure in many years, a metric that will test investor confidence in the firm’s aggressive AI agenda. The combination of a stronger top line and a looming cash‑burn revelation underscores the high stakes …
Recupero, who previously led finance for Alexa and Prime Video, will oversee spending on satellite manufacturing, launches, and the $11.6 billion acquisition of a satellite communications company. Shares, down 0.6% to $248.54 in recent trading, reflect investor caution amid the unit’s heavy capital demands.
Calix Inc (NYSE: CALX) has reported a record revenue of $293.3 million for the second quarter of 2026, representing a 21% year-over-year increase. The company's strong performance was driven by the growing demand for its Calix One platform and SmartLife managed services. As the …
Jeff Bezos and the UK government have committed £2bn to CuspAI, an artificial intelligence startup aiming to revolutionise chipmaking by discovering new semiconductor materials. The move signals a push to reduce reliance on traditional silicon-based chips, potentially reshaping the semiconductor supply chain and boosting …
The Nasdaq composite posted a 1.3% gain, eclipsing other major U.S. indices as a cluster of semiconductor and memory firms surged ahead of Alphabet’s earnings release. Momentum built around Marvell Technology, Micron Technology and SanDisk, each posting sizable price moves that lifted the tech‑heavy …
Nebius Group NV’s stock surged 17% after Nvidia revealed a $2 billion investment in its neocloud division, a move that underscores the chipmaker’s push into AI-driven cloud infrastructure. Shares of Nebius (NASDAQ: NBIS) jumped 16.9% to $213.43 in recent trading, lifting its market capitalization …
US stocks are set to open higher as chipmakers rebound, with investors focused on corporate earnings and economic data. September S&P 500 E-Mini futures are up +0.30%, while September Nasdaq 100 E-Mini futures have gained +0.59%. The rebound is led by chipmakers, with Micron …
Please wait processing your request...