Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Cerebras Shares Jump 17% as AI Chip Rally Meets Heavy Short Interest
Cerebras shares surged 17% on Tuesday, leading AI chip gains, as short interest stood at 16.9% of float. The stock remains 33.6% below its IPO close.
Marvell Stock Jumps 6.2% in Premarket as AI Growth Story Gains Traction
Marvell shares jumped 6.2% in premarket trading Tuesday, recouping 39% of recent losses as AI-driven demand and strong financials boost investor sentiment.
New Era Energy & Digital Stock Skyrockets 26% on AI Sector Momentum
Shares of New Era Energy & Digital (NUAI) soared 26.1% to $5.14, adding about $108 million in market value, as AI infrastructure deals from rivals lifted the sector.
IonQ Leads in Revenue Amidst Higher Quantum Competitor Valuations
IonQ's Q1 revenue of $64.7M dwarfs Quantinuum and QUBT's combined $8.9M, yet their valuations surpass IonQ by 30%, highlighting a key divergence in quantum computing stocks.
AST SpaceMobile Stock Dips After $1B Fundraise Highlights Launch Delay Risk
AST SpaceMobile stock dropped 2.1% after a $1 billion fundraising highlighted a potential delay in its satellite launch. The company now targets early 2027 for 45 BlueBird satellites, revising its end-of-2026 goal.
Micron Rebounds 4.6% as Contrasting Valuations Spark Debate Amid AI Memory Boom
Micron shares bounced 4.6% on Monday, approaching $888. The rally comes as Q4 annualized EPS trades at 7.2x, while Q3 adjusted free cash flow shows a 13.9x multiple.
SpaceX in Talks with Pentagon for Multibillion-Dollar AI Data Center Deal
SpaceX (SPCX) is in talks with the Pentagon for a multibillion-dollar data center deal to support military AI, as Q1 figures show AI consumes 76.4% of capex but contributes just 17.4% of revenue.
CXL Memory Battle Opens New AI Growth Path, Revenue Timelines Uncertain
Samsung and SK hynix shares dropped over 4% amid CXL memory updates that hint at AI growth, though commercial deployment remains behind schedule.