Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Synopsys Deepens TSMC Alliance for AI Chip Design Tools
Synopsys announced expanded collaboration with TSMC on advanced chipmaking and packaging for AI, unveiling new design tools for 3nm, 2nm, A16, and A14 nodes. Shares rose to $483.00.
Joby Aviation Partners on LA Rooftop Vertiport, Awaits FAA Certification
Joby Aviation and Reuben Brothers plan an air-taxi vertiport at LA's Century Plaza, using an existing helipad. The project awaits local, state, and federal approvals as Joby pursues commercial certification.
MaxLinear Soars 67% on AI Data-Center Chip Demand, Upbeat Forecast
MaxLinear shares jumped 67% after Q1 revenue beat estimates and Q2 guidance topped expectations, fueled by AI data-center optical chip demand.
Swiss National Bank Defends Palantir Stake Amid Activist Pressure
Swiss National Bank Chairman Martin Schlegel defended the central bank's $1.1 billion holding in Palantir Technologies after activists called for divestment over ICE contracts.
AMD Surges Past $500 Billion Market Cap on AI-Driven CPU Demand
AMD shares jumped over 7% in premarket trading Friday, pushing its market cap past $500 billion, as Intel's strong AI CPU demand fueled optimism ahead of AMD's May 5 earnings.
Intel Stock Surges on AI Data Center Demand and Tesla Foundry Win
Intel shares surged 28% premarket after forecasting Q2 revenue above estimates, driven by AI data center demand for CPUs and a Tesla foundry deal.
Oklo Stock Surges as Nvidia Partners on AI Nuclear Fuel Project
Oklo shares jumped 5.5% to $76.46 after revealing a collaboration with Nvidia and Los Alamos National Laboratory on AI-driven nuclear fuel validation, highlighting growing data center energy needs.
Applied Digital Shares Surge on $7.5B AI Data Center Lease Deal
Applied Digital shares rose 12% after a $7.5B, 15-year lease with a U.S. hyperscaler for 300 MW at its Delta Forge 1 data center in Louisiana, lifting total contracted lease revenue above $23 billion.
Tempus AI Stock Drops on USC Partnership as Cancer Data Strategy Faces Scrutiny
Tempus AI shares fell 7.3% after announcing a partnership with USC to deploy its molecular testing and AI tools across the health system, covering over 1.5 million annual patient visits.
Palantir Secures $300M USDA Contract Ahead of Q1 Earnings
Palantir Technologies secured a $300 million software agreement with the USDA, boosting its non-defense government portfolio ahead of its May 4 earnings report.