Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
POET Technologies Surges 108% on Marvell AI Order, Optics Play Heats Up
POET Technologies shares soared 108% in premarket trading Monday after confirming a $5M production order from Marvell Technology for its Infinity optical engines, with deliveries expected next quarter.
Broadcom's Custom AI Chip Surge Powers $2 Trillion Valuation
Broadcom reaches $2 trillion market cap on custom AI chip demand and Google TPU supply deal. Q1 revenue jumps 29%, AI semiconductor sales double to $8.4B.
SK Hynix Surges 5.73% as AI Demand Drives KOSPI to Record High
SK Hynix advanced 5.73% to 1,292,000 won, helping propel the KOSPI to a record high as investors focused on AI-linked semiconductor stocks. The company's HBM supply is constrained through 2029.
Qualcomm Surges on OpenAI Chip Collaboration Report Ahead of Earnings
Qualcomm shares surged on reports of collaboration with OpenAI on smartphone processors. The chipmaker reports fiscal Q2 results on April 29.
Blackstone, Related Digital Secure $16B for Oracle AI Data Center
Blackstone and Related Digital have secured $16 billion in financing for Oracle's AI data center in Michigan, but the project faces local and regulatory pushback over power, water, and transparency concerns.
AeroVironment's LOCUST Laser Test Drives Counter-Drone Narrative
AeroVironment's LOCUST laser system shot down multiple drones during a U.S. Navy test on the USS George H.W. Bush. Shares fell 2.8% to $196.28.
BofA Leads $16B Oracle Data Center Financing in Michigan
Bank of America led a $16 billion financing for an Oracle data center in Michigan, selling $14 billion in bonds as Wall Street deepens its AI infrastructure push.
AXT Raises $632.5M to Expand InP Wafer Production in China Amid AI Boom
AXT raised $632.5 million to boost indium phosphide wafer production in China, betting on AI demand. First-quarter revenue is projected at $26-$28 million, with a net loss up to $2.6 million.
Lightwave Logic Shares Slide 6.9% as $51.4M Stock Sale Program Expands
Lightwave Logic shares dropped 6.9% to $12.665 after expanding its stock-sale program to $51.4 million. The company reported 2025 net sales of $236,855 and a net loss of $20.3 million.
Infleqtion Under Pressure After Major Share Distribution by LCP Funds
Infleqtion shares dropped 5% after LCP Quantum-linked funds distributed over 30.5 million shares, removing their 10% owner status. The quantum tech firm reported $32.5M revenue and $35.3M loss.
BlackRock Trims Archer Aviation Stake as eVTOL Firm Nears FAA Milestones
BlackRock disclosed a 6.9% passive stake in Archer Aviation, down from 8.1% in January, as the air taxi developer progresses toward FAA certification and a shareholder vote on moving to Texas.