Sarah Chen, Technology & Crypto Editor at StockTi — Page 111

Technology Apr 27

Intel's AI CPU Surge Drives Wall Street Reassessment

Intel shares climb 2.7% to $84.76, extending post-earnings rally as AI demand shifts focus to CPUs. Q1 revenue hits $13.6B, Data Center and AI unit up 22%.

INTC NVDA AMD ARM TSM

Technology Apr 27

Applied Digital Secures $7.5B AI Lease, Faces Execution Hurdle

Applied Digital Corp. (APLD) signed a $7.5B, 15-year lease for 300 MW with an unnamed hyperscaler, pushing total contracted lease revenue above $23B. Shares jumped over 12%.

APLD

Technology Apr 27

SoundHound AI Dips on LivePerson Acquisition, Wedbush Sees Upside

SoundHound AI shares dropped 1.4% to $8.08 on Monday after announcing an all-stock acquisition of LivePerson for about $43 million. Wedbush reiterated its Outperform rating, seeing long-term potential.

SOUN LPSN

Technology Apr 27

Micron's AI Memory Surge Revives Trillion-Dollar Valuation Debate

Micron Technology shares rose 3% premarket Monday as strong fiscal Q2 results and surging AI memory demand reignited discussions about the company's path to a $1 trillion valuation.

MU NVDA SSNLF

Crypto Apr 27

Strategy Inc. Boosts Bitcoin Holdings to 818,334 BTC, Outpacing BlackRock

Strategy Inc. acquired 3,273 bitcoin for $255 million last week, increasing its total stash to 818,334 BTC and staying ahead of BlackRock's iShares Bitcoin Trust. Galaxy Digital CEO Mike Novogratz cautioned that such buying pace could strain supply.

MSTR IBIT

Technology Apr 27

Marvell Stock Hits Resistance Near $170 as AI Chip Optimism Meets Caution

Marvell Technology shares have soared 125% in eight weeks on AI chip and optical networking deals, but the stock now faces resistance near $170 as some analysts urge caution.

MRVL NVDA AMZN GOOGL AVGO

Technology Apr 27

Joby Aviation Completes Inaugural NYC Air Taxi Flights, Intensifying Rivalry with Archer

Joby Aviation flew the first electric air taxi route in New York City, from JFK to Manhattan heliports in seven minutes, signaling progress toward commercial operations by 2026.

JOBY ACHR

Technology Apr 27

Oracle Gets $16B AI Data Center Boost; Ives Says Buy Despite Spend Fears

A $16B Michigan data center financing for Oracle and OpenAI closed, as Wedbush's Dan Ives initiated coverage with an Outperform rating, calling AI spending concerns misplaced.

ORCL MSFT AMZN GOOGL META

Technology Apr 27

POET Technologies Surges 108% on Marvell AI Order, Optics Play Heats Up

POET Technologies shares soared 108% in premarket trading Monday after confirming a $5M production order from Marvell Technology for its Infinity optical engines, with deliveries expected next quarter.

POET MRVL

Technology Apr 27

Broadcom's Custom AI Chip Surge Powers $2 Trillion Valuation

Broadcom reaches $2 trillion market cap on custom AI chip demand and Google TPU supply deal. Q1 revenue jumps 29%, AI semiconductor sales double to $8.4B.

AVGO GOOGL META

Technology Apr 27

SK Hynix Surges 5.73% as AI Demand Drives KOSPI to Record High

SK Hynix advanced 5.73% to 1,292,000 won, helping propel the KOSPI to a record high as investors focused on AI-linked semiconductor stocks. The company's HBM supply is constrained through 2029.

SSNLF TSM INTC

Technology Apr 27

Qualcomm Surges on OpenAI Chip Collaboration Report Ahead of Earnings

Qualcomm shares surged on reports of collaboration with OpenAI on smartphone processors. The chipmaker reports fiscal Q2 results on April 29.

QCOM INTC

Sarah Chen

Articles by Sarah Chen