Articles by Sarah Chen
AMD Surges 5% as AI Infrastructure Bets Revive Chip Sector Rally
AMD shares surged 5.1% to $520.93 on Thursday, leading chip stocks higher on renewed AI demand and a $10B investment in Taiwan's chip ecosystem.
Arm Soars on Nvidia Vera CPU Ties, Record Revenue
Arm shares jumped 12.7% on upbeat analyst notes tying it to Nvidia's Vera CPU. Record revenue of $4.92 billion and $2 billion in AGI CPU demand through 2028 fuel the rally.
Snowflake Stock Surges on $6B AWS Deal, Raised Outlook
Snowflake shares surged over 33% following a $6 billion AWS deal and an upbeat fiscal 2027 revenue forecast, prompting at least 30 analysts to raise price targets.
Super Micro Shares Jump on Taiwan Seizure and European AI Cloud Deal
Super Micro shares surged 6.2% after Taiwan officials arrested three suspects and seized 50 servers in an export case, while the company announced a major AI cloud deal with Verda in Europe.
Infleqtion Shares Surge 8.7% on Oxford Expansion Plans Despite Insider Sale
Infleqtion shares jumped 8.7% on plans to open an Oxford Quantum Innovation Centre, but a recent insider stock sale by Maverick-linked entities adds caution.
Bitmine Stock Dips as Ether Slips Below $2,000; $12.3B Crypto Bet in Focus
Bitmine shares fell 4.6% after ether dipped below $2,000. The company holds $12.3 billion in crypto and is poised for Russell 3000 index rebalancing.
Archer Aviation Edges Higher as Focus Shifts to Certification and Defense Expansion
Archer Aviation shares edged up 0.5% to $6.55 in early trading, with the market focused on FAA certification progress for its Midnight eVTOL and broader defense opportunities.
SoFi Launches Bank-Backed Stablecoin for Retail Users, Expanding Crypto Reach
SoFi Technologies launches its bank-issued SoFiUSD stablecoin for nearly 15 million app users, expanding crypto services beyond enterprise clients. Shares trade at $16.17.
Micron's AI Memory Dominance Tested as Shares Dip Ahead of Trading
Micron shares dip 1.82% in premarket after hitting $1 trillion market cap. AI memory demand drives growth, but oversupply concerns persist.
Ford Hits 2022 High on Energy Storage Deal, Not Auto Sales
Ford (F) shares hit their highest since August 2022, driven by a major battery storage deal with EDF, as investors focus on its energy unit over vehicle sales.