IREN Lands Massive $9.7 Billion AI Deal with Microsoft
IREN secures a historic $9.7 billion GPU cloud services contract with Microsoft to power AI infrastructure with NVIDIA's latest technology at their Texas facility.
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Boeing Tumbles as Trump-Xi Deal Disappoints on Aircraft Orders, Deutsche Bank Cuts Rating
Boeing stock falls after Trump-Xi meeting fails to produce aircraft purchase agreement. Deutsche Bank downgrades to "hold" citing cash flow concerns and legacy burdens constraining recovery.
SK Hynix Predicts Memory Chip 'Supercycle' as Micron Stock Surges on AI Demand
SK Hynix sells out 2025 chip production, posts record $8B profit, forecasting memory supercycle from AI boom. Micron shares rise 2.9% as analysts predict strongest DRAM pricing since 1990s.
Trump to Discuss Nvidia's Blackwell AI Chips with Xi as Company Nears Historic $5 Trillion Valuation
President Trump will discuss Nvidia's advanced Blackwell AI chips with President Xi Jinping as the chipmaker approaches a $5 trillion market cap, potentially reshaping U.S.-China tech relations and AI trade dynamics.
The Nvidia Effect: Why Quantum Stocks Tumbled
Quantum computing stocks reversed their initial gains after an announcement about new AI supercomputers. Experts suggest this drop was a market "misread" of positive partnership news.
NVIDIA Invests $1 Billion in Nokia to Accelerate AI and 6G Growth
NVIDIA makes a $1 billion equity investment in Nokia, acquiring a 2.9% stake to boost AI-driven 5G and 6G innovation. The partnership aims to strengthen Nokia’s role in AI networking and data center solutions.