Technology News

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

IonQ Shares Surge 12% as Quantum Stocks Rally on $2B Federal Funding
Technology Sarah Chen

IonQ Shares Surge 12% as Quantum Stocks Rally on $2B Federal Funding

IonQ shares rose 12.24% to $58.89 as quantum stocks rallied on $2.013B in federal incentives, though IonQ wasn't among direct awardees.

IONQ IBM GFS
Infleqtion Stock Soars 31% on $100M Quantum Funding Proposal
Technology Sarah Chen

Infleqtion Stock Soars 31% on $100M Quantum Funding Proposal

Infleqtion shares jumped 31.5% to $15.99 after-hours following news of a proposed $100 million U.S. quantum-computing award. The rally is tied to federal backing but remains contingent on final approvals.

IBM GFS RGTI IONQ
IBM Shares Surge on $1 Billion Quantum Chip Investment
Technology Sarah Chen

IBM Shares Surge on $1 Billion Quantum Chip Investment

IBM shares rose 12.4% after the U.S. Commerce Department proposed a $1 billion award for its new quantum-chip foundry, Anderon, signaling government support for quantum computing.

IBM
D-Wave Quantum Rises on $100M Government Funding Deal
Technology Sarah Chen

D-Wave Quantum Rises on $100M Government Funding Deal

D-Wave Quantum shares surged 33% after signing a $100 million funding letter of intent with the U.S. Commerce Department, which would receive an equity stake.

QBTS
Rigetti Computing Surges on $100M US Quantum Funding Deal
Technology Sarah Chen

Rigetti Computing Surges on $100M US Quantum Funding Deal

Rigetti Computing shares jumped 30.57% on Thursday and continued rising pre-market Friday after the company signed a preliminary $100 million quantum computing deal with the U.S. government.

RGTI
Nvidia Reports Record Revenue, Stock Dips as Market Eyes Future AI Demand
Technology Sarah Chen

Nvidia Reports Record Revenue, Stock Dips as Market Eyes Future AI Demand

Nvidia shares slipped 1.77% to $219.51 despite record quarterly revenue of $81.6 billion and a $91 billion forecast, as investors weigh AI growth sustainability and competitive threats.

NVDA AMD INTC
WhiteFiber Soars 22% on $160M AI Deal; Funding Test Looms in July
Technology Sarah Chen

WhiteFiber Soars 22% on $160M AI Deal; Funding Test Looms in July

WhiteFiber shares surged 22% on a $160M AI compute deal for a Paris deployment. The contract uses NVIDIA GPUs, but execution and financing remain key hurdles ahead of a July service launch.

NVDA
AMD Invests $10B in Taiwan AI Supply Chain, Targets Nvidia
Technology Sarah Chen

AMD Invests $10B in Taiwan AI Supply Chain, Targets Nvidia

AMD shares rose 0.4% after announcing a $10B investment in Taiwan's AI supply chain and next-gen EPYC chip production on TSMC's 2nm process. Nvidia fell 1.8%.

AMD TSM NVDA INTC AMKR
BlackBerry Shares Surge on Government Security Certification and QNX Growth Outlook
Technology Sarah Chen

BlackBerry Shares Surge on Government Security Certification and QNX Growth Outlook

BlackBerry shares rose sharply after its AtHoc crisis-communications platform secured renewed U.S. government cloud security certification and executives touted QNX growth prospects.

BB
QuantumScape Surges 9% on Production Milestones and Auto Partnerships
Technology Sarah Chen

QuantumScape Surges 9% on Production Milestones and Auto Partnerships

QuantumScape (QS) shares surged 9% Thursday, outpacing major indexes, driven by initial QSE-5 cell production from its new Eagle Line and continued partnerships with Volkswagen and other automakers.

QS
SpaceX Starship V3 Debut Flight Set for Thursday at Starbase
Technology Sarah Chen

SpaceX Starship V3 Debut Flight Set for Thursday at Starbase

SpaceX will launch its first Starship V3 from Texas on Thursday, a key test for heavier payloads and lunar missions, with a booster splashdown and engine relight planned.

TSLA SPCE
AT&T Shares Rally on $15 Plan and California Fiber Push
Technology Sarah Chen

AT&T Shares Rally on $15 Plan and California Fiber Push

AT&T shares gained 1.6% to $25.33 following the rollout of a $15/month Build-A-Plan wireless offering and a legal move to end legacy copper service in California.

T TMUS VZ