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.
/ 419 items
#News-Driven Stocks↓
Skyworks Shares Jump After CEO Says Qorvo Deal Is on Track to Close This Year
Investors pushed Skyworks higher after CEO Philip Brace said the $22 billion Qorvo combination is nearing a close.
GTCR Eyes Buyout of SPS Commerce
GTCR is in talks to buy SPS Commerce. Growth slowed, activists pushed a sale, and a deal could come in weeks. Nothing is final.
Oracle Spending Hold Lifts Server and Rack Stocks
Oracle kept its $90–95B AI capex plan as Microsoft targets 38 GW by 2032. HPE and Dell jumped on the infrastructure read-through.
Ryan Cohen and GameStop Directors Buy Shares After Q2 Results
Ryan Cohen bought 1 million GameStop shares for $20.4 million. Other directors also purchased shares after the company’s Q2 sales beat estimates, as GameStop continues to pursue a deal with eBay.
White House Holds Off on Copper Tariffs Over Cost Concerns Ahead of Midterms
Officials weigh higher factory costs against U.S. mining goals. Copper prices hit records as buyers stockpile ahead of a possible tariff.