Technology News

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

Micron Hits $1 Trillion Market Cap as AI Memory Demand Drives Analyst Upgrades
Technology Sarah Chen

Micron Hits $1 Trillion Market Cap as AI Memory Demand Drives Analyst Upgrades

Micron Technology stock surged above $1,000, reaching a $1.18 trillion market cap, as multiple analysts raised price targets on strong AI-driven demand for high-bandwidth memory and tight supply.

MU NVDA SSNLF
Amazon's Satellite Internet Nears Commercial Launch, BofA Says
Technology Sarah Chen

Amazon's Satellite Internet Nears Commercial Launch, BofA Says

Bank of America maintains a Buy rating on Amazon with a $310 price target, citing the imminent first revenue from its Leo satellite network, which now has 331 satellites deployed.

AMZN SPCE BA
Arm's AI Chip Revenue Target Nears as Demand Surges Beyond Expectations
Technology Sarah Chen

Arm's AI Chip Revenue Target Nears as Demand Surges Beyond Expectations

Arm CEO Rene Haas says demand for its AI data-center CPU is outpacing forecasts, with customers like ByteDance and Oracle. Shares jumped 15.73% to an all-time high as Nvidia launched an Arm-based PC chip.

ARM NVDA INTC AMD QCOM ORCL
Sivers Rockets 65% on GlobalFoundries AI Photonics Pact
Technology Sarah Chen

Sivers Rockets 65% on GlobalFoundries AI Photonics Pact

Sivers Semiconductors shares surged 65% in Stockholm after announcing its lasers will be used in GlobalFoundries' silicon-photonics designs for AI data-center optical links.

GFS
CoreWeave Gains Early Access to Nvidia's Vera Rubin, Debt Concerns Loom
Technology Sarah Chen

CoreWeave Gains Early Access to Nvidia's Vera Rubin, Debt Concerns Loom

CoreWeave shares surged 13.96% after announcing the first validated deployment of Nvidia's Vera Rubin NVL72 system. Despite strong revenue and backlog growth, the company faces mounting debt and a widening net loss.

NVDA CRWV
TSMC Hits Record High on AI Demand, Valuation Concerns Persist
Technology Sarah Chen

TSMC Hits Record High on AI Demand, Valuation Concerns Persist

TSMC hit a record high in Taipei, fueled by AI enthusiasm and Nvidia ties, but valuation models suggest the stock is significantly overvalued.

TSM NVDA
Palantir Navigates AI-Driven Rally Amidst Analyst Divergence
Technology Sarah Chen

Palantir Navigates AI-Driven Rally Amidst Analyst Divergence

Palantir shares slipped in premarket Tuesday after a rally. Q1 revenue jumped 85% to $1.633B, with raised 2026 outlook. Analysts remain divided on valuation.

PLTR
Rigetti Stock Edges Up on Quantum Error Correction Milestone; Insider Sales Draw Attention
Technology Sarah Chen

Rigetti Stock Edges Up on Quantum Error Correction Milestone; Insider Sales Draw Attention

Rigetti shares edged higher after a quantum error correction paper was published. Meanwhile, insider stock sales and a non-binding funding deal are also in focus.

RGTI
Fluence Energy Surges 44% on Nvidia Data Center Power Deal
Technology Sarah Chen

Fluence Energy Surges 44% on Nvidia Data Center Power Deal

Fluence Energy surged 44% to $27.15 after Siemens named it in a new AI data center power architecture with Nvidia and nVent, linking the battery storage firm to the AI power trade.

FLNC NVDA NVT BE
Meta Stock Drops 5% as Wall Street Questions $145B AI Capex Plan
Technology Sarah Chen

Meta Stock Drops 5% as Wall Street Questions $145B AI Capex Plan

Meta shares slid 5.1% to $600.47 as investors questioned its massive AI spending plan. Alphabet's $80 billion AI move intensified focus on Big Tech capex.

META GOOGL
Alibaba Surges 6.5% as AI Adoption Fuels Hong Kong Tech Rally
Technology Sarah Chen

Alibaba Surges 6.5% as AI Adoption Fuels Hong Kong Tech Rally

Alibaba shares surged 6.5% in Hong Kong to HK$130.80, leading a tech rally as investors pivot to AI adoption. Cloud revenue jumped 38%, but adjusted EBITA tumbled 84% due to AI and cloud spending.

BABA TCEHY BIDU
Marvell Technology Surges as New AI Networking Chip Attracts Investor Interest
Technology Sarah Chen

Marvell Technology Surges as New AI Networking Chip Attracts Investor Interest

Marvell shares surged nearly 7% after unveiling the Teralynx T100 switch chip for AI data centers. The company also raised its long-term revenue outlook and posted better-than-expected Q1 results.

MRVL AVGO NVDA