Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Snap Stock Edges Up but Stays Near 52-Week Low Amid Growth Concerns
Snap Inc. shares closed at $4.585 Monday, up modestly but still hovering near a 52-week low. The company reported a $1 billion annualized run rate from direct revenue but lost 3 million daily active users last quarter.
Tesla Gains on Terafab AI Chip Launch, But Challenges Persist
Tesla shares advanced 1.8% to $398.30 following CEO Elon Musk's announcement that the Terafab AI chip initiative will commence within a week. However, the company continues to face headwinds from falling vehicle sales and intense market competition.
Ondas Completes Rotron Buyout, Secures 4M Defense Stake Ahead of Earnings
Ondas Holdings shares advanced after closing its acquisition of UK-based Rotron Aerospace and purchasing the remaining stake in 4M Defense, coupled with a new $15.8 million defense contract.
Intel Surges on AI CPU Optimism Ahead of Nvidia Conference
Intel shares advanced significantly, outpacing key rivals, as investor focus shifts toward the central processing unit's expanding function in artificial intelligence deployment. The gains precede Nvidia's major developer event.
Micron's Taiwan Expansion Fuels AI Memory Rally, Sandisk Surges
Sandisk shares surged 7% Monday following Micron's announcement of a second memory chip plant in Taiwan, underscoring intense demand for AI-related memory and storage components. The company reported a 61% year-over-year revenue jump to $3.03 billion for its fiscal second quarter.
SoundHound AI Gains on Nvidia Edge AI Demo Amid Divergent Analyst Views
SoundHound AI shares advanced following its announcement of a fully on-device automotive AI assistant at Nvidia's GTC conference. The company reported robust Q4 and full-year revenue growth, though Wall Street anticipates a slowdown.
Super Micro Rises on AI Server Focus Amid Margin Pressure
Super Micro Computer's stock advanced as Nvidia's GTC conference highlighted AI server demand, though the company faces margin compression and negative operating cash flow.
Nokia Shares Advance Ahead of Q1 Report as AI Network Strategy Faces Scrutiny
Nokia shares gained approximately 1% in Helsinki trading, extending a 31% rally for 2026. The company's AI-focused network strategy faces a key test with first-quarter results due April 23, following mixed analyst sentiment.
Navitas Semiconductor Gains on AI Power Product Launch, New CFO Appointment
Navitas Semiconductor shares advanced following the launch of new silicon carbide products targeting AI infrastructure and the appointment of a new CFO. The company reported a significant quarterly revenue drop and an operating loss.
Rivian's R2 Pricing Strategy Sparks Investor Concern Over Growth Timeline
Rivian Automotive shares fell as the company detailed pricing for its new R2 SUV, beginning with a high-performance model at $57,990, delaying more affordable versions. The EV maker faces pressure to meet 2026 delivery targets after posting a substantial net loss in 2025.
AMD Shares Dip Amid Oil Surge, Meta Chip Strategy and Nvidia Event in Focus
Advanced Micro Devices shares declined over 2% Friday amid a broader tech selloff, with rising oil prices and shifting Fed expectations weighing on sentiment. Key developments include Meta's in-house AI chip plans and an upcoming meeting between AMD and Samsung.