Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Intel's Dual Production Strategy Mitigates High-NA EUV Investment Risk
Intel has started volume production of Panther Lake chips using ASML's High-NA EUV system, but the chips are also qualified on older tools, reducing risk. Foundry losses remain high ahead of Q2 results.
UiPath Secures AI Pricing Deal with UK Retailer Very Group
UiPath (NYSE:PATH) has secured a three-year AI pricing deal with UK online retailer The Very Group, as it aims for $124M-$134M in net new ARR in H2 fiscal 2027.
Nokia Launches AI-RAN Platform with NVIDIA, Subscription Revenue Expected by 2027
Nokia introduced an AI-native radio platform with NVIDIA, offering subscription-based capacity upgrades. Commercial revenue is anticipated by 2027.
CrowdStrike surges $23 billion after IBM flags cybersecurity worries
CrowdStrike surged $23 billion in market cap after IBM cited cybersecurity worries. Shares jumped 12% to $210.73, leading the S&P 500, as ARR targets for Q2 loom.
Nvidia's China H200 Shipments Begin Amid Rising Customer Concentration
Nvidia has started limited H200 shipments to China while cutting over half of its approved Asian buyers. Three direct customers generated 54% of Q1 revenue, highlighting concentration risk.
OpenAI's Speaker Needs 26M Sales to Match $6.5B io Deal Revenue
OpenAI's first consumer hardware, a screenless portable speaker with cameras and sensors, would require 26 million unit sales at $250 each to match the $6.5 billion io deal revenue, facing stiff competition from established smart speakers.
Arbe Robotics Soars 27% on Defense Contract, Market Cap Jumps $23M
Arbe Robotics shares jumped 27% after landing a defense contract for three radar projects, adding $22.8M in market cap. Initial orders have been shipped, but no contract value was disclosed.
AMD Stock Surges as KeyBanc Targets $725, Betting on AI GPU Boom
KeyBanc lifted AMD's price target to $725, forecasting AI GPU revenue to hit $48.5B by 2027. AMD shares rose 3.9% as analysts pile on bullish calls.
SpaceX Reuses IPO Falcon 9 in 32 Days as Starlink Economics Face Scrutiny
SpaceX reuses IPO-day Falcon 9 in 32 days, showcasing rapid turnaround as Starlink economics face market test. Shares remain near offer price.
Microsoft's Xbox Layoffs Disproportionately High vs Revenue Share
Microsoft cuts 1,600 Xbox jobs (33% of total layoffs) while gaming contributes just 6.4% of revenue. Azure drives growth.