Texas Instruments Crushes Q1 Earnings, Raises Q2 Outlook — Data Center Sales Up 90%
Texas Instruments beat Q1 estimates, boosted by AI chip demand, strong auto & industrial recovery, and raised its Q2 outlook.
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QuantumScape Stock Surges as Eagle Line Advances and AI, Military Markets Heat Up
QuantumScape rose after its Q1 update, showing progress on solid-state batteries, new production, improved finances, and surging demand from AI data centers and military sectors.
Nokia Shares Hit 16-Year High as AI Demand Supercharges Q1 Results
Nokia beat profit forecasts, boosted its AI/cloud growth outlook, and strong data center demand lifted profits and shares.
Tesla to Use Intel Chips in Terafab Project as Capex Jumps to $25 Billion
Tesla plans to use Intel’s next-gen 14A technology for its Terafab AI chip factory while increasing capital expenditure to $25 billion in 2026.
Poet Technologies Surges as CFO Confirms Marvell Order & Blasts Short Sellers as “Maggots”
POET stock jumped about 25% to $12.80 after news it supplies Marvell. It has more than doubled in 9 trading days.
Lululemon Names Former Nike Executive Heidi O'Neill as New CEO
Lululemon hires ex-Nike exec Heidi O’Neill as CEO to revive US sales after decline, rising competition, and slowing growth.