Articles by Sarah Chen
REGENXBIO Shares Tumble 37% Despite Duchenne Gene Therapy Trial Success
REGENXBIO (RGNX) stock plummeted 37% to $6.31 despite positive Phase III data for RGX-202, as two serious adverse events and FDA approval doubts overshadowed the results.
Alpha Compute Surges on $32.2M GPU Lease Deal
Alpha Compute shares surged 28% after disclosing a $32.2 million lease for 504 Nvidia B200 GPUs, expected to generate $16.1 million in annual recurring revenue.
TSMC Revises Global Chip Market Forecast to $1.5 Trillion, Highlighting AI-Driven Capacity Squeeze
TSMC increased its 2030 global semiconductor market forecast to $1.5 trillion, driven by AI demand. AI and high-performance computing are expected to represent 55% of the market.
MARA Holdings Rallies 5.8% After $1.5B Bitcoin Sale Fuels AI Pivot
MARA Holdings shares rose 5.8% after the company sold 20,880 bitcoin in Q1 to fund a $1.5 billion acquisition for AI and high-performance computing expansion.
Intel Stock Slides as AMD and Arm Gain Server CPU Market Share
Intel shares fell 3.9% as UBS data shows server CPU market share dropped to 54.9% in Q1, with AMD and Arm gaining ground.
POET Surges on $50M AI Optics Deal with Lumilens; Long Road to Production Ahead
POET Technologies shares jumped 16% after securing a $50 million initial order from Lumilens for AI data-center optical engines, with potential cumulative purchases over $500 million.
Antelope Enterprise Soars on Bitcoin Gains and Buyback Plan
Antelope Enterprise shares jumped 30.1% in premarket trading Thursday after revealing $190,000 in Bitcoin gains and a $95,000 buyback plan, extending a 71.6% surge from Wednesday.
Richtech Robotics Surges Ahead of Chicago Robot Demos as RaaS Strategy Takes Center Stage
Richtech Robotics shares surged 9.7% to $2.82 on Wednesday ahead of live robot demonstrations at the NRA Show in Chicago, as the company pivots to recurring revenue models despite a quarterly revenue dip.
Innoviz Secures LiDAR Deals with Kela Technologies Ahead of Q1 Earnings
Innoviz Technologies secures a framework deal with Kela Technologies for up to thousands of InnovizTwo LiDAR sensors for defense, plus a software agreement with an autonomous driving firm, ahead of Q1 earnings.
Robo.ai Shares Rally 100% on NeuroStream Launch, But Questions Linger
Robo.ai shares surged 100% after Neurovia AI launched NeuroStream, a video compression platform claiming 95% data reduction. The rally comes amid a $100M stock acquisition deal and a 92% revenue decline.