Articles by Sarah Chen
Ouster Surges on Atlanta Lidar Traffic Deal Ahead of 2026 World Cup
Ouster shares jumped 6.7% after announcing a major lidar traffic system deployment in Atlanta for the 2026 World Cup, with Q1 earnings due May 5.
Atomera Surges on Synopsys GaN Chip Modeling Deal
Atomera shares surged 49% to $9.20 after expanding its Synopsys partnership for GaN device modeling, with trading volume exceeding 24 million shares.
Taiwan Eases Stock Limits, TSMC Hits Record High
TSMC shares closed at a record NT$2,185 in Taipei after Taiwan eased single-stock limits for local equity funds and active ETFs, allowing up to 25% investment in the chipmaker.
AEye Surges on Analyst Upgrade as Lidar Turnaround Hopes Grow
AEye surged over 30% after Craig-Hallum initiated coverage with a buy rating and $3.50 target, spotlighting a potential turnaround. The lidar maker faces revenue challenges but adds new operations head.
Snowflake Shares Tumble as AI Initiatives Face Software Sector Headwinds
Snowflake shares dropped 5.5% to $138.42, pressured by a software sector selloff and a class-action deadline. The company is expanding its AI offerings, but investors remain cautious about AI's effect on revenue.
Keel Infrastructure Sells Paraguay Site for $13M, Exits Latin America
Keel Infrastructure sold its Paraguay facility for $13M, less than half the original price, completing its Latin American exit and shift toward AI data centers.
Tempus AI Partners with USC Health System, Unlocking Access to 1.5 Million Annual Visits
Tempus AI Inc. partners with USC's Keck School of Medicine to deploy its molecular testing and trial-matching platform across a health system seeing 1.5 million patient visits each year.
POET Rockets 27% on Marvell Order Hopes, AI Optics Frenzy
POET Technologies shares jumped 27% after the CFO mentioned a purchase order tied to Marvell, reigniting AI optics enthusiasm despite a thin revenue base.
Synopsys Deepens TSMC Alliance for AI Chip Design Tools
Synopsys announced expanded collaboration with TSMC on advanced chipmaking and packaging for AI, unveiling new design tools for 3nm, 2nm, A16, and A14 nodes. Shares rose to $483.00.
Joby Aviation Partners on LA Rooftop Vertiport, Awaits FAA Certification
Joby Aviation and Reuben Brothers plan an air-taxi vertiport at LA's Century Plaza, using an existing helipad. The project awaits local, state, and federal approvals as Joby pursues commercial certification.