Articles by Sarah Chen
Samsung Begins HBM4 Shipments, Projects 2026 Sales to Triple Amid AI Memory Boom
Samsung Electronics has commenced shipments of its next-generation HBM4 memory chips, forecasting a more than threefold increase in HBM sales for 2026. The announcement fueled a 6.4% share price surge as competition with SK Hynix and Micron intensifies.
Zhipu AI Price Hike and Model Launch Sparks Rally in Chinese AI Stocks
Chinese AI firm Zhipu raised subscription prices by at least 30% following its GLM-5 open-source model launch, with its Hong Kong shares surging 30%. Premier Li Qiang called for accelerated commercial AI adoption.
HSBC's Orion Platform Selected for UK Digital Bond Pilot
The UK Treasury has chosen HSBC's Orion blockchain platform to conduct a pilot issuance of tokenised government bonds. The bank's shares closed at 1,305.4p ahead of its annual results announcement on February 25.
Uber shares slip after hours amid Lyft selloff, Dubai robotaxi deal with Baidu
Uber Technologies stock declined over 3% in extended trading, pressured by a sharp drop in rival Lyft and news of a $335 million acquisition of Getir's Turkey food delivery business.
Aehr Test Systems Soars on Hyperscale AI Production Order
Aehr Test Systems shares surged 26% in after-hours trading after securing its first production order for Sonoma test systems from a major AI data-center customer. Shipments are scheduled for summer 2026.
Astera Labs Shares Tumble 21% on Amazon Warrant Deal, Raising Margin Concerns
Astera Labs stock plummeted over 21% in after-hours trading after disclosing a warrant agreement with Amazon, which analysts say will pressure gross margins. The chip connectivity firm also announced a CFO transition.
Micron Soars on Early HBM4 Shipments, Analysts Boost Targets
Micron Technology shares surged nearly 10% after the CFO confirmed shipments of next-generation HBM4 memory have begun, with analysts raising price targets citing AI demand and tight supply.
IBM Shares Tumble 6.5% Amid AI Disruption Fears and Rate Cut Uncertainty
IBM stock experienced its largest single-day decline on the Dow Jones Industrial Average, dropping 6.5% as software stocks faced pressure from AI automation concerns and shifting Federal Reserve expectations.
Salesforce Shares Drop on AI Deal and Layoff Concerns
Salesforce stock fell 4.4% in after-hours trading amid reports of workforce reductions and questions about AI investment returns. The company confirmed its acquisition of AI startup Cimulate.
Tesla Slips on China WeChat Integration Amid Broader Market Jitters
Tesla shares declined 0.5% as Tencent Cloud announced a partnership to bring WeChat features to its vehicles in China. The move comes against a backdrop of weak Chinese auto sales and anticipation of U.S. inflation data.
Flex Shares Gain Amid AI Data Center Rally, Investor Day in Focus
Flex Ltd. shares advanced as AI and semiconductor stocks rallied. Investors await the company's May 13 Investor Day for updates on its data center power and cooling business growth.