Some of the top chipmakers paused their spectacular rally on Wednesday, but analysts are expecting big things from Broadcom , which reports earnings after the close. Hyperscalers rely heavily on Broadcom’s application-specific integrated circuits, or ASICs, and the company has deals with frontier software companies Anthropic and OpenAI, so signs of strong demand could translate …
Nvidia’s CEO Jensen Huang hailed Marvell Technology as the next trillion-dollar firm, sending its shares up 32.52% on Tuesday. The stock move is Marvell’s biggest one-day gain ever, narrowly topping its previous best set in May 2023. The semiconductor firm, which designs chips for data centers, soared after Huang touted the company’s efforts in supplying …
Anthropic co-founder and CEO Dario Amodei speaks on an artificial intelligence panel during Inbound 2025 Powered by HubSpot at Moscone Center on in San Francisco, Sept. 4, 2025. Chance Yeh | Getty Images Entertainment | Getty Images Hello, this is Katie Foley writing to you from London. Welcome to today’s edition of the Daily Open …
An iFlytek liquid-cooled server equipped with Huawei Kunpeng 920 chips and Ascend AI chips, on display at the World Artificial Intelligence Conference in Shanghai, China on July 26, 2025. Cfoto | Future Publishing | Getty Images Hi, this is Evelyn, writing to you from Beijing. Welcome to the latest edition of The China Connection — …
A man walks a dog in the shade away from the midday sun past the New York Stock Exchange (NYSE) building in Manhattan, during hot weather in New York City, New York, U.S., August 11, 2020. Mike Segar | Reuters The S&P 500 closed at a record on the last trading day of May, but …
Software stocks spiked ahead of Monday’s opening bell after Nvidia CEO Jensen Huang unveiled plans for a new chip that will power personal computers. Investors are piling into a range of computer-related names on the first trading day of June, with ServiceNow leading the premarket rise after soaring 14.4% ahead of the opening bell. IBM …
Nvidia CEO Jensen Huang introduces the RTX Spark laptop during his keynote speech at Computex 2026 in Taipei on June 1, 2026. I-hwa Cheng | Afp | Getty Images Nvidia has emerged as the world’s most valuable company by dominating the market for AI chips in the data center. Now the company is expanding its …
The latest earnings season has eased concerns about a potential artificial intelligence bubble. Increased spending by hyperscalers and other companies has reinforced confidence in the demand for AI infrastructure and software solutions. Investors keen on capitalizing on the AI boom can track recommendations from top Wall Street analysts, who give key insights into a company’s …
Nvidia has committed at least $6.5 billion into companies developing photonics technology in the past three months, as the company races to invest in solving one of the major bottlenecks to the rollout of artificial intelligence. Photonics, the use of light to transmit data, is an emerging technology considered to be a more efficient alternative …
U.S. President Donald Trump (C-L) speaks during a Cabinet meeting in the Cabinet Room of the White House on May 27, 2026 in Washington, DC. Win McNamee | Getty Images Hello, this is Leonie Kidd writing to you from London. Welcome to today’s edition of the Daily Open newsletter. In some ways, we end the …