Technology News

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

Intel Hits Record High on Apple Foundry Deal, Foundry Progress
Technology Sarah Chen

Intel Hits Record High on Apple Foundry Deal, Foundry Progress

Intel shares closed at an all-time high of $133.99 after President Trump revealed Apple will work with Intel on chip design and manufacturing in the U.S., boosting confidence in Intel's foundry ambitions.

INTC AAPL TSM NVDA AMD
Butterfly Network Surges 56% on Midjourney Scanner Deal, Licensing Potential in Focus
Technology Sarah Chen

Butterfly Network Surges 56% on Midjourney Scanner Deal, Licensing Potential in Focus

Butterfly Network shares jumped 55.9% to $8.90 after Midjourney revealed a full-body scanner prototype using 40 of Butterfly's Ultrasound-on-Chip modules, spotlighting a five-year licensing deal.

BFLY
QuantumScape Jumps 16.5% on Honda Solid-State Battery Pact
Technology Sarah Chen

QuantumScape Jumps 16.5% on Honda Solid-State Battery Pact

QuantumScape (QS) surged 16.5% to $8.04 after Honda R&D signed a multi-year solid-state battery research deal, adding a key automaker catalyst before the Juneteenth holiday.

QS SLDP
Cisco Bounces Back on AI Infrastructure Optimism Ahead of Juneteenth Holiday
Technology Sarah Chen

Cisco Bounces Back on AI Infrastructure Optimism Ahead of Juneteenth Holiday

Cisco shares climbed 1.88% to $119.54, snapping a four-day losing streak, driven by AI infrastructure optimism ahead of the Juneteenth market holiday.

CSCO ANET AVGO HPE
Wolfspeed Surges 18% Then Files Share Resale, Testing AI Chip Rally
Technology Sarah Chen

Wolfspeed Surges 18% Then Files Share Resale, Testing AI Chip Rally

Wolfspeed shares surged 18% before filing to register 24 million shares for resale, raising dilution concerns. The silicon carbide chipmaker's AI-driven rally faces a test when markets reopen.

WOLF GE ON NVTS
FuelCell Energy Surges on AI Data Center Power Pipeline Hopes
Technology Sarah Chen

FuelCell Energy Surges on AI Data Center Power Pipeline Hopes

FuelCell Energy shares soared nearly 20% as traders focus on its AI data center power pipeline, though revenue dropped and losses widened.

FCEL BE PLUG BLDP
Intel Hits Record High on Apple Chip Deal Hopes
Technology Sarah Chen

Intel Hits Record High on Apple Chip Deal Hopes

Intel shares soared to a record high after Trump said Apple will work with Intel on US chip design and production, a potential boost for Intel's foundry business.

INTC AAPL AMD NVDA TSM
Nvidia Shares Climb 3% as AI Demand Broadens Beyond US Hyperscalers
Technology Sarah Chen

Nvidia Shares Climb 3% as AI Demand Broadens Beyond US Hyperscalers

Nvidia closed up 2.8% near $210 after a $25 billion bond sale and 85% revenue jump, as European AI projects signal broadening demand beyond US cloud giants.

NVDA INTC MU AMD IBM
Corning Rallies 10% on AI Data Center Fiber Deals
Technology Sarah Chen

Corning Rallies 10% on AI Data Center Fiber Deals

Corning stock jumped 10.3% to $193.45 on AI data center fiber deals with Amazon and Nvidia. Q1 core sales rose 18% to $4.35 billion, but valuation risks remain.

GLW AMZN NVDA MRVL CIEN LITE
Amazon Shares Rise on AI Chip Sales Talks, AWS Spending in Spotlight
Technology Sarah Chen

Amazon Shares Rise on AI Chip Sales Talks, AWS Spending in Spotlight

Amazon shares rose 2.4% on news of AI chip sales talks with external data centers, potentially opening a new revenue stream beyond AWS.

AMZN NVDA QQQ SPY
Butterfly Network Surges on Midjourney Scanner Deal and Chip Licensing Pact
Technology Sarah Chen

Butterfly Network Surges on Midjourney Scanner Deal and Chip Licensing Pact

Butterfly Network shares jumped over 50% after Midjourney announced a full-body scanner using Butterfly's ultrasound chips, spotlighting a five-year licensing deal worth up to $74 million.

BFLY
TSMC Hits Near-Record Levels Ahead of Holiday as AI Rally Lifts Taiwan Market
Technology Sarah Chen

TSMC Hits Near-Record Levels Ahead of Holiday as AI Rally Lifts Taiwan Market

TSMC shares approached record highs in Taipei before the Dragon Boat Festival holiday, buoyed by sustained AI chip demand. The Taiex index closed at a new record, with TSMC adding over 200 points.

TSM AAPL INTC