Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Micron Gains Amid Tech Selloff; Samsung Strike May Tighten Memory Supply
Micron shares gained 2.5% on Tuesday, reaching $698.74, as the Nasdaq fell. A planned Samsung strike could tighten memory supply and drive prices higher.
Intel Surges on Analyst Optimism Over AI Server CPU Demand
Intel shares rebounded 2.43% to $110.80 on Tuesday, snapping a five-day decline, as analysts boosted price targets on AI server CPU demand. The stock faces key tests from Nvidia earnings and foundry challenges.
Klaviyo Stock Stays Near Low Amid Slowing Growth and Insider Sale Filing
Klaviyo shares closed Tuesday near their 52-week low after a sharp post-earnings decline. A Form 144 insider sale filing and CFO departure add to investor caution as growth slows.
Astera Labs Surges on AI Networking Optimism Ahead of Nvidia Earnings
Astera Labs shares surged 13.3% on Tuesday as investors cheered management's comments on faster Scorpio X switch ramps and optical networking tied to Nvidia's NVLink Fusion.
ADI Stock Jumps on $1.5B AI Power Deal as Earnings Approach
Analog Devices shares gained 1.36% after-hours after announcing a $1.5 billion cash deal for Empower Semiconductor, aiming to bolster AI infrastructure power solutions.
POET Technologies Stock Slides Despite $400M Capital Raise
POET Technologies shares dropped 8.02% to $13.07 despite securing $400M in funding. The photonics firm aims to scale AI data-center chip production and eyes a $500M deal with Lumilens.
Microsoft Stock Dips on Rate Fears Despite Strong Cloud Demand
Microsoft shares slipped 1.4% to $417.42 on Tuesday as higher Treasury yields weighed on big tech, even as the company announced its largest India data center will open by mid-2026.
Google's $5B AI Cloud Deal with Blackstone Fails to Impress Wall Street
Alphabet shares dropped 2.3% as Google's $5B AI cloud venture with Blackstone and new Gemini models failed to meet Wall Street's high expectations.
Warby Parker Stock Dips After AI Glasses Reveal Leaves Key Details Unclear
Warby Parker shares slipped after revealing AI glasses with Google and Samsung, but missing pricing and launch date. Q1 revenue rose 8.3% to $242.4M, while gross margin fell to 54%.
Intel Rebounds on CPU Demand Hopes Ahead of Nvidia's Earnings
Intel shares climbed 3.3% to $111.69, breaking a five-session losing streak, after analysts raised price targets on stronger CPU demand. The move precedes Nvidia's earnings.