IREN Shares Drop as Company Announces $2 Billion Convertible Notes Offering
IREN is raising $2B via convertible notes to fund AI growth after Nvidia deal, but shares fell due to possible future dilution.
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Intel and SK Hynix Join Forces to Break TSMC’s AI Packaging Monopoly
SK Hynix and Intel are teaming up on faster AI chip tech, offering an alternative to TSMC and helping reduce supply shortages worldwide.
IREN Scores $2.1B Nvidia Investment + 5GW AI Cloud Deal
IREN partners with Nvidia for AI data centers, $3.4B contract and expansion; Nvidia may invest $2.1B; stock jumps.
NVIDIA & Corning Team Up: 3 New U.S. Factories, 3,000 Jobs, and 10× More U.S. Optical Manufacturing Capacity
Corning plans $20B sales by 2026, then aims for up to $40B by 2030, boosted by AI data centers and a new photonics business with NVIDIA.
AMD Beats Wall Street Again – AI Chips Fuel Record-Breaking Quarter
AMD made record money thanks to AI chips, strong data center growth, and big deals, showing it’s becoming a serious Nvidia competitor.
Nvidia Tumbles as Big Tech Bets Big on Its Own AI Chips
Nvidia fell as big tech boosts AI spending but builds its own chips, reducing reliance on Nvidia despite higher overall investment.