Technology News

Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.

Rigetti Computing Jumps 7% on Hybrid Quantum Testbed Deal with HPE
Technology Sarah Chen

Rigetti Computing Jumps 7% on Hybrid Quantum Testbed Deal with HPE

Rigetti Computing (RGTI) stock gained 7.3% to $15.18 after revealing a hybrid quantum testbed project with HPE and the Pittsburgh Supercomputing Center, supported by a $5 million NSF grant.

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Super Micro Shares Slide as $60B AI Orders Raise Liquidity Concerns
Technology Sarah Chen

Super Micro Shares Slide as $60B AI Orders Raise Liquidity Concerns

Super Micro shares dipped 3.3% as a semiconductor rout offset recent margin gains, with investors eyeing the company's ability to convert $60 billion in AI orders into cash.

SMCI NVDA AMD DELL HPE
D-Wave Quantum Surges 9% Premarket on AT&T Deal Expansion
Technology Sarah Chen

D-Wave Quantum Surges 9% Premarket on AT&T Deal Expansion

D-Wave Quantum shares rose 9% in premarket trading as AT&T expands its adoption of D-Wave's quantum systems for network operations, significantly reducing processing times.

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UiPath Shares Recover as Buyback Price Becomes Key Focus
Technology Sarah Chen

UiPath Shares Recover as Buyback Price Becomes Key Focus

UiPath shares recover 1.7% in premarket after a 10.8% weekly drop, with the stock now trading below the company's recent buyback price.

PATH NOW CRM
Nvidia Shares Rise on $1B Naver Deal Boosting AI Infrastructure
Technology Sarah Chen

Nvidia Shares Rise on $1B Naver Deal Boosting AI Infrastructure

Nvidia shares rose 1% in premarket trading Monday after a $1 billion deal with Naver expanded its sovereign AI project pipeline, with potential for up to $9 billion in additional funding.

NVDA AMD AVGO MSFT META AMZN
CXMT Shares Surge 466% on DRAM Profit Boom, Market Cap Hits 3.28 Trillion Yuan
Technology Sarah Chen

CXMT Shares Surge 466% on DRAM Profit Boom, Market Cap Hits 3.28 Trillion Yuan

CXMT shares soared 466% on Monday, pushing its market cap to 3.28 trillion yuan and overtaking ICBC as China's largest public company, driven by soaring DRAM profits.

CXM
AMD Shares Surge on Anthropic Deal, But Balance Sheet Concerns Emerge
Technology Sarah Chen

AMD Shares Surge on Anthropic Deal, But Balance Sheet Concerns Emerge

AMD shares gained 5.3% after announcing a $5 billion investment in Anthropic, but the deal consumes a significant portion of the company's cash reserves, sparking investor scrutiny.

AMD NVDA INTC MSFT META AMZN
Aehr Test Systems Secures $100.6M Backlog, Covering Up to 77% of Fiscal 2027 Revenue Forecast
Technology Sarah Chen

Aehr Test Systems Secures $100.6M Backlog, Covering Up to 77% of Fiscal 2027 Revenue Forecast

Aehr Test Systems (AEHR) ended Friday at $76.32, down 13.8%, as its $100.6 million backlog covers 77% of fiscal 2027 revenue guidance lower bound.

AEHR TER COHU
TSMC Stock Ends Week Higher Amid Price Hike Strategy for 2nm Costs
Technology Sarah Chen

TSMC Stock Ends Week Higher Amid Price Hike Strategy for 2nm Costs

TSMC closed the week higher on both Taiwan and US exchanges, with price increases of up to 10% planned for 2027 to address rising costs from 2nm technology and overseas facilities.

TSM INTC
Palantir Shares Drop 7% as Valuation Concerns Mount Ahead of Earnings
Technology Sarah Chen

Palantir Shares Drop 7% as Valuation Concerns Mount Ahead of Earnings

Palantir Technologies (NASDAQ:PLTR) closed the week at $122.92, down 7.1%, as valuation concerns and regulatory scrutiny in the UK overshadowed strong Q1 growth.

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Apple Gains as Capital-Light AI Strategy Wins Over Investors
Technology Sarah Chen

Apple Gains as Capital-Light AI Strategy Wins Over Investors

Apple shares jumped 3.5% on Friday as investors favored its capital-efficient AI approach over Alphabet's heavy spending, with free cash flow reaching $78.3 billion.

AAPL GOOGL
Micron Rises 8.5% Weekly Amid Cloud Revenue Surge and Big Tech Spending
Technology Sarah Chen

Micron Rises 8.5% Weekly Amid Cloud Revenue Surge and Big Tech Spending

Micron shares gained 8.5% for the week to $920.95, driven by strong cloud memory revenue and increased tech spending, despite a 7% drop on Friday.

MU MSFT AMZN GOOGL NVDA AVGO