Amazon AWS Secures Massive $38 Billion Deal to Supply OpenAI Compute Power
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.
AWS signed a $38 billion deal to power OpenAI. Amazon will provide massive computing resources (like Nvidia GPUs) over seven years for AI development.
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.
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 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.
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.
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.