Nvidia Invests $2B in CoreWeave to Build Massive AI Data Centers by 2030
Nvidia purchases $2 billion CoreWeave stake at $87.20/share to build 5 gigawatts of AI factories by 2030, nearly doubling investment in AI infrastructure partner.
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JPMorgan Raises Apple Price Target to $315 Ahead of Earnings
JPMorgan lifts Apple price target to $315, citing strong iPhone 17 demand despite higher memory costs, and maintains an Overweight rating.
Needham Turns Bullish on AppLovin with $700 Price Target
Needham upgrades AppLovin to Buy, raising its price target to $700 and boosting 2026 e-commerce revenue forecasts due to stronger advertiser growth.
IonQ Acquires SkyWater Technology in $1.8 Billion Quantum Computing Deal
SkyWater Technology stock surges 6% as IonQ announces $35/share acquisition creating first vertically integrated quantum platform company worth $1.8 billion.
Samsung to Supply Nvidia with Next-Gen HBM4 Chips: What It Means for the Memory Market
Samsung Electronics will begin producing HBM4 memory chips for Nvidia next month, intensifying competition with Micron and SK Hynix in the booming AI chip market.
Intel's Supply Crunch Opens Door for AMD's Server CPU Dominance
Intel's 10-K filing reveals foundry struggles and server CPU challenges while AMD capitalizes on supply advantages through TSMC partnership, gaining significant data center market share.