Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
MaxLinear Stock Skyrockets on AI Data Center Demand and Analyst Upgrade
MaxLinear shares jumped 34% on Wednesday after the company reported a 136% surge in infrastructure revenue and received an analyst upgrade, fueled by growing demand for AI data-center optical products.
ON Semiconductor Shares Surge on Major EV Chip Deals with Geely and NIO
ON Semiconductor shares jumped 8% after announcing expanded silicon carbide chip deals with Geely and NIO for 900V electric vehicle platforms.
Vertiv Acquires Liquid-Cooling Firm as AI Data Centers Heat Up
Vertiv Holdings Co has acquired Strategic Thermal Labs, a Texas-based liquid-cooling specialist, to strengthen its AI and high-performance computing data center offerings. The move follows a 30% jump in Q1 net sales.
Seagate Soars on AI Storage Demand, Lifting Sector
Seagate forecast Q4 revenue of $3.45B and EPS of $5.00, beating estimates. Shares jumped 18% premarket, lifting sector peers.
Applied Materials Tumbles 5.5% on Renewed China Export Fears
Applied Materials shares dropped 5.5% after a Reuters report that the U.S. Commerce Department ordered chip equipment makers to stop some shipments to China's Hua Hong.
Vertiv Completes Strategic Thermal Labs Buyout, Bolstering AI Cooling Portfolio
Vertiv Holdings has closed its acquisition of Strategic Thermal Labs, expanding its AI data-center cooling capabilities. The deal comes amid a 30% Q1 sales surge and an upgraded 2026 forecast.
SoftBank Shares Tumble on OpenAI Growth Concerns
SoftBank Group shares plummeted nearly 10% after OpenAI missed user and revenue targets, casting doubt on the tech giant's massive AI bet.
GitLab Shares Rise on Expanded Anthropic Claude Integration for AI Coding
GitLab shares climbed 3.2% after expanding its Anthropic partnership, integrating Claude Opus 4.7 into its Duo Agent Platform for enterprise AI coding tools with compliance and audit controls.
Classover Shares Surge on BlackRock Stake and EdTech Ranking
Classover Holdings shares jumped Tuesday after BlackRock disclosed an 8% Class B stake and the company ranked 122nd on TIME's 2026 U.S. edtech list. KIDZ traded at $1.08, up from $0.97.
Nexera Shares Surge on Gulf Fuel-Tank Security Deal
Nexera Technologies' shares soared 229% after its KeepZone AI unit secured authorization to market fuel-tank protection systems in the Gulf, marking a key step in its shift from retail to security.