Micron Technology reports third quarter earnings Wednesday, with analysts projecting profit growth above 1,000%. After a 761% stock surge that pushed its market cap to $1.19 trillion, the stakes for…
SK Hynix plans to raise up to $29.43 billion through a Nasdaq ADR listing on July 10, with the proceeds earmarked for new chip factories and EUV equipment to meet…
Micron Technology reports earnings tonight after a 13.2% selloff sparked by a South Korean ETF unwind. With DRAM prices at record highs, an Anthropic deal just announced, and analyst targets…
Cerebras Systems shares fell roughly 14% premarket after the AI chip designer's first post-IPO earnings showed full year gross margin guidance well below Q1 results, though a $20 billion OpenAI…
Cerebras Systems filed its first earnings report since going public, beating revenue estimates and dramatically narrowing its losses. But a margin forecast well below Nvidia's sent shares down more than…
Qualcomm is buying AI software startup Modular in a nearly $4 billion all stock deal, taking direct aim at Nvidia's CUDA platform and pushing deeper into the fast growing data…
Cerebras beat Wall Street's revenue and loss estimates in its first public earnings report, but a sharp drop in gross margin guidance sent shares tumbling 15% on Wednesday, leaving them…
Nvidia's most coveted AI chips are selling for more than twice their standard price on China's black market, according to a Financial Times report citing multiple chip traders. Here's what…