TLDRs; TSMC shares rose 6.9% as semiconductor stocks rallied broadly during a shortened trading week. Strong AI-driven demand and tight chip supply helped TSMC outperform Nvidia on weekly gains. Macro easing, including lower inflation fears […]
HIVE Digital Secures $220M Sovereign AI GPU Deal With Bell Canada TL;DR HIVE’s BUZZ HPC has closed a three-year sovereign AI GPU cloud contract valued at about $220 million. The deal brings together Bell AI […]
A Bank of America Securities senior semiconductors analyst is bullish on multiple artificial intelligence (AI) chip companies despite the market’s correction. In a new interview on CNBC Television, Vivek Arya says that chip companies still […]
Key Takeaways Strategy purchased 1,550 BTC for $101M Monday as bitcoin recovered above $63,000 from June lows. Bitmine acquired 126,971 ETH last week as total crypto market cap reached $2.19T on June 8. The Clarity […]
TLDRs; Navitas plunged 18% as AI chip enthusiasm faded across semiconductor sector trading. Nvidia-linked rally reversed sharply, triggering profit-taking in high-growth AI infrastructure stocks. Broader chip selloff wiped billions, pressuring speculative names like Navitas Semiconductor. […]
Broadcom’s sharp post-earnings slide jolted the S&P 500 and sparked a larger question: if AI hardware demand still looks strong, why did markets react so violently? Investors now have to separate genuine, durable AI cash […]
TLDRs; Nebius shares jumped 14% as Nvidia CEO comments boosted investor confidence in AI cloud infrastructure demand. Strong institutional buying and a rising AI cloud sector lifted Nebius to a new 52-week intraday high. The […]
TLDRs; Uber stock advanced nearly 5% following a new robotaxi partnership announcement. Nvidia’s autonomous driving platform will power the planned Munich service. Autobrains brings AI-driven self-driving technology backed by major investors. Munich was selected for […]
Key Takeaways Intel plans to ship its Crescent Island AI GPU in 2026, targeting Nvidia and AMD on cost and power efficiency. The chip uses up to 480GB of cheaper LPDDR5X memory and air cooling, […]
More than 172,000 traders were liquidated in a single day as Bitcoin’s losses piled up, pushing the cryptocurrency out of the world’s top 10 largest assets by market cap. Bitcoin now sits at 13th place, […]
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