Articles by Sarah Chen
XRP Slumps Beneath $1.30 as Bitcoin Weakness Triggers Broader Crypto Sell-Off
XRP dropped below $1.30 to 15-week lows as bitcoin's decline sparked broad selling. Record exchange flows and $1.67B in fund outflows were offset by $20.3M in XRP inflows.
Arm's AI Chip Revenue Target Nears as Demand Surges Beyond Expectations
Arm CEO Rene Haas says demand for its AI data-center CPU is outpacing forecasts, with customers like ByteDance and Oracle. Shares jumped 15.73% to an all-time high as Nvidia launched an Arm-based PC chip.
Sivers Rockets 65% on GlobalFoundries AI Photonics Pact
Sivers Semiconductors shares surged 65% in Stockholm after announcing its lasers will be used in GlobalFoundries' silicon-photonics designs for AI data-center optical links.
CoreWeave Gains Early Access to Nvidia's Vera Rubin, Debt Concerns Loom
CoreWeave shares surged 13.96% after announcing the first validated deployment of Nvidia's Vera Rubin NVL72 system. Despite strong revenue and backlog growth, the company faces mounting debt and a widening net loss.
TSMC Hits Record High on AI Demand, Valuation Concerns Persist
TSMC hit a record high in Taipei, fueled by AI enthusiasm and Nvidia ties, but valuation models suggest the stock is significantly overvalued.
Palantir Navigates AI-Driven Rally Amidst Analyst Divergence
Palantir shares slipped in premarket Tuesday after a rally. Q1 revenue jumped 85% to $1.633B, with raised 2026 outlook. Analysts remain divided on valuation.
Rigetti Stock Edges Up on Quantum Error Correction Milestone; Insider Sales Draw Attention
Rigetti shares edged higher after a quantum error correction paper was published. Meanwhile, insider stock sales and a non-binding funding deal are also in focus.
Fluence Energy Surges 44% on Nvidia Data Center Power Deal
Fluence Energy surged 44% to $27.15 after Siemens named it in a new AI data center power architecture with Nvidia and nVent, linking the battery storage firm to the AI power trade.
Meta Stock Drops 5% as Wall Street Questions $145B AI Capex Plan
Meta shares slid 5.1% to $600.47 as investors questioned its massive AI spending plan. Alphabet's $80 billion AI move intensified focus on Big Tech capex.
Alibaba Surges 6.5% as AI Adoption Fuels Hong Kong Tech Rally
Alibaba shares surged 6.5% in Hong Kong to HK$130.80, leading a tech rally as investors pivot to AI adoption. Cloud revenue jumped 38%, but adjusted EBITA tumbled 84% due to AI and cloud spending.
Marvell Technology Surges as New AI Networking Chip Attracts Investor Interest
Marvell shares surged nearly 7% after unveiling the Teralynx T100 switch chip for AI data centers. The company also raised its long-term revenue outlook and posted better-than-expected Q1 results.
