SoftBank and Arm Tried to Buy Cerebras Weeks Before $34 Billion IPO
Cerebras is going public at up to $34B despite takeover offer from Arm/SoftBank, boosted by big AI chip deals with OpenAI and AWS.
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Chegg Jumps into AI Model Training – Shares Soar as Learning Giant Brings Expert Data to Big Tech
Chegg enters AI training using STEM experts and data; shares jump as big tech shows interest.
TSEM Hits Record Guidance and Locks In $1.3 Billion in AI Silicon Photonics Revenue for 2027
Tower Semiconductor beats Q1 estimates with 15% revenue growth and guides record Q2 revenue of $455M. $1.3B silicon photonics contracts for 2027 + $290M prepayments fuel AI growth.
More Activists Rush Into HPE: Elliott’s Pressure Sparks Fresh Investor Battle
HPE is rising as activists invest, push changes, and profits improve after buying Juniper Networks, boosting its stock sharply.
Eos Energy Soars on Massive Cerberus JV and Q1 Revenue Beat
Eos surged after Q1 beat and Cerberus JV to scale US zinc battery storage for grids, industry, and AI data centers.
Trump Takes Apple, Tesla, Nvidia & Micron CEOs to China for Major Trade Talks
Trump visits China with top US CEOs to improve trade, tech ties, and investment between the US and China.