Articles by Sarah Chen
Nvidia Commits $4 Billion to Secure AI Data Center Optics Supply
Nvidia is investing $4 billion across optics suppliers Lumentum and Coherent to secure long-term capacity for photonic components essential for next-generation AI data centers. The deals include multi-billion dollar purchase commitments and support for U.S. manufacturing expansion.
Intel Board Chair Exits as CEO Tan Drives Foundry Turnaround
Intel's board chair Frank Yeary will retire after the May 13 annual meeting, with director Craig Barratt taking over. The leadership change comes as CEO Lip-Bu Tan executes a manufacturing-focused turnaround.
Palantir Gains on Analyst Target Boost Amid Defense AI Shifts and Legal Scrutiny
Palantir shares advanced in premarket trading following a price target increase to $200 by Rosenblatt Securities. The move comes as U.S. defense agencies restrict rival AI tools and a new lawsuit alleges fraud.
MicroStrategy Bolsters Bitcoin Holdings with $204 Million Purchase, Fuels Buy with Stock Sale
MicroStrategy has acquired an additional 3,015 Bitcoin for approximately $204.1 million, bringing its total holdings to 720,737 BTC. The purchase was largely financed by selling 1.73 million shares of its Class A common stock.
Ondas Invests $10M in World View for High-Altitude ISR Partnership
Ondas Holdings has made a $10 million strategic investment in World View Enterprises, forming a partnership to create multi-domain ISR solutions. The collaboration aims to merge World View's stratospheric balloons with Ondas' drone and counter-drone technology.
Workday Shares Rebound on CEO Equity Grant After February Slump
Workday shares climbed approximately 7% in early trading Wednesday, recovering some losses after a recent decline. The move followed regulatory disclosures of new performance stock unit awards for top executives, including CEO Aneel Bhusri.
Snowflake Partners with EY on AI Sales Platform, Embraces Lower Margins for Growth
EY has introduced an AI-powered sales platform developed in collaboration with Snowflake and Canva. Snowflake executives, speaking at an investor conference, emphasized their commitment to AI, accepting lower initial profit margins to drive adoption.
Pinterest Secures $1B Elliott Investment, Launches $3.5B Buyback
Pinterest announced a $1 billion strategic investment from activist investor Elliott Investment Management alongside a new $3.5 billion share buyback authorization. The company's stock rose nearly 5% in early trading following the news.
Atlassian Enhances Government Cloud Migration Ahead of Data Center Deadline
Atlassian has launched guided migration tools for shifting Jira and Confluence data to its Government Cloud, alongside new admin controls for session timeouts. The update precedes a March 30, 2026 deadline for new Data Center subscriptions.
Micron Unveils 256GB AI Server Memory Module Amid Market Selloff
Micron Technology has started providing samples of a 256GB low-power DRAM module designed for AI servers, claiming it is the industry's highest-capacity solution. The company's shares dropped nearly 8% on Tuesday as global equities faced a broad selloff.