Amazon (NASDAQ:AMZN) climbed on Friday, ranking among the top three gainers in the Dow Jones Industrial Average, as investors digested a report on a creative financing plan for its AI chips and a price increase for its AI cloud rentals. The stock closed around …
Coherent (NYSE:COHR) makes lasers, optical transceivers and the materials behind them. In AI data centres, its products help move huge amounts of data between processors using light instead of electricity. That has made it one of the market's favourite plays on AI networking, and …
Cisco Systems (NASDAQ:CSCO) is the world's best-known maker of networking equipment, the switches and routers that connect computers and move data around. In the AI era, that role has become more important.Trainingand running large AI models requires thousands of chips to talk to each …
Dell Technologies (NYSE:DELL), the Texas company that built its name on PCs and now sells a growing share of the servers powering artificial intelligence, had a solid Friday. Shares climbed and finished among the top 19 performers in the S&P 500, trading near $566.05. …
Applied Optoelectronics (NASDAQ:AAOI) soared on Friday, trading at about $115.13, as AI optical-networking stocks rallied alongside a broad surge in chipmakers. No company-specific news was found to explain the jump. Instead, Applied Optoelectronics rode a wave of buying in AI infrastructure, with investors returning …
Apple (NASDAQ:AAPL) climbed with the rest of Big Tech on Friday as a feeble jobs report knocked back fears of another Federal Reserve rate hike. Shares finished Friday, October 2, in the green, riding a broad rebound in the largest technology stocks that helped …
Hewlett Packard Enterprise (NYSE:HPE) had one of the best days of any large American company on Friday, closing at an all-time high as a stack of good news on AI networking met a market suddenly less afraid of the Fed. Shares surged to finish …
Intel (NASDAQ:INTC), the company that built the personal-computer era and is now trying to rebuild itself as a contract chip manufacturer, joined Friday's chip party. Shares climbed and finished among the top 17 performers in the S&P 500. It also ranked among the top …
Advanced Micro Devices (NASDAQ:AMD) shares jumped on Friday, October 2, as chipmakers rallied across the board after a weak jobs report reduced the odds of another Federal Reserve rate hike. AMD, which designs processors and graphics chips for PCs, gaming consoles and data centres, …
KLA Corp (NASDAQ:KLAC) makes the inspection and measurement tools chip factories use to spot microscopic defects on silicon wafers. Every advanced chip, from smartphone processors to AI accelerators, passes through its machines on the way to production. On Friday, investors were happy to own …