Chip and AI Stocks Drop After CEOs Urge Caution on Development Pace
AI leaders including Amodei, Altman and Musk call to pace the frontier. Chip, memory and networking stocks fall as investors weigh spending and IPOs.
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Verizon and Corning Sign Multi-Billion Fiber Deal Through 2032
Verizon and Corning agree on a multi-billion-dollar deal for 80+ million miles of fiber from 2027–2032 to expand broadband and support AI.
Ciena Beats and Raises on AI Network Demand as Stock Remains Well Below Its Highs
Ciena posted $1.67B sales (+37%) and $2.11 adj. EPS, beating Street and raising FY26 guide on AI optical demand after a steep pullback.
Ciena Stock Plunges After Record Q2 Beat – Revenue Growth of 40% “Wasn’t Enough”
Ciena beat earnings and raised outlook but stock fell ~19% as investors wanted more; AI data demand still strong.
Optical Stocks Slammed as Samsung Jumps into Silicon Photonics
Optical stocks plunged as Samsung officially announced its entry into the silicon photonics market with 224Gbps tech and ambitious AI plans.