OpenAI Misses Sales and User Targets, Drags Partner Stocks Down
OpenAI missed growth targets, worrying investors as rivals rise and AI costs stay high, raising doubts about quick profits. Shares of SoftBank, Oracle, and AMD dropped sharply.
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POET Shares Plunge After Marvell Cancels All Celestial AI Orders
POET stock fell after Marvell canceled orders over confidentiality issues, but the company still sees growth in AI tech.
Google in Talks with Marvell to Develop New AI Chips for Faster Inference
Google is in talks with Marvell Technology to develop a new memory processing unit and an inference-optimized TPU to power its AI models more efficiently.
Marvell and Texas Instruments Just Got Upgraded by Wall Street
Marvell upgraded to Overweight ($150) on booming optical growth; Texas Instruments Buy ($250) as analog chip demand rises.
Marvell Shares Surge as NVIDIA Announces $2B Investment and Strategic Partnership
Marvell stock jumped after Nvidia announced plans for a $2B investment and partnership to boost AI, chips, and telecom tech, continuing a run of similar bets.
Marvell Technology Jumps as AI Bookings 'On Fire' Boost Q1 Forecast
Marvell Technology beats Q4 estimates slightly and issues upbeat Q1 outlook of $2.4B revenue, topping expectations. AI demand fuels surge as shares rise up to 10% after hours.