Technology News

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

ASML Slips as Terafab Hype Fades; Focus Shifts to Q2 Earnings
Technology Sarah Chen

ASML Slips as Terafab Hype Fades; Focus Shifts to Q2 Earnings

ASML shares fell 0.44% as the Terafab hype wanes, with investors now eyeing the July 15 Q2 report for real demand signals.

ASML TSM
Apple's AI Endorsement Fails to Lift Nvidia as Tech Selloff Weighs
Technology Sarah Chen

Apple's AI Endorsement Fails to Lift Nvidia as Tech Selloff Weighs

Nvidia shares edged down 0.2% to $208.19 Tuesday after Apple confirmed using Nvidia GPUs in Google Cloud for AI, but a broad tech selloff and China's $295B data center plan overshadowed the news.

NVDA AAPL GOOGL INTC AMD TSM
Intel Stock Retreats After Google AI Chip Report Sparks Rally
Technology Sarah Chen

Intel Stock Retreats After Google AI Chip Report Sparks Rally

Intel shares slipped 2.1% to $107.92 on Tuesday, reversing some of Monday's 11.2% gain after a report of a Google AI-chip order. The unconfirmed deal could boost Intel's foundry business, but investors remain cautious amid a tech selloff.

INTC GOOGL NVDA TSM CDNS
D-Wave Quantum Tumbles 9% as Speculative Tech Stocks Retreat Ahead of CPI Data
Technology Sarah Chen

D-Wave Quantum Tumbles 9% as Speculative Tech Stocks Retreat Ahead of CPI Data

D-Wave Quantum shares dropped nearly 9% as a broad selloff in speculative tech stocks hit the sector, despite strong Q1 bookings. Revenue fell 81% and the company posted an $18.4 million loss.

QBTS IONQ RGTI QUBT
Velo3D Stock Surges on Gas-Turbine Deal with Aurelia Technologies
Technology Sarah Chen

Velo3D Stock Surges on Gas-Turbine Deal with Aurelia Technologies

Velo3D shares jumped 21% to $19.64 on a gas-turbine manufacturing deal with Aurelia Technologies, using its Sapphire XC platform. The order value was not disclosed, but the move signals growth beyond aerospace and defense.

VELO
UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues
Technology Sarah Chen

UiPath Shares Slide 5% Despite First GAAP Profit as AI Selloff Continues

UiPath shares dropped 5% to $10.63 amid a broad tech selloff, even after the company posted its first GAAP profit and raised its full-year outlook.

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AI Chip Selloff Persists Despite Broadcom's $35B Financing Initiative
Technology Sarah Chen

AI Chip Selloff Persists Despite Broadcom's $35B Financing Initiative

AI chip stocks dropped again Tuesday, with AMD and Micron down 5.2%, Broadcom 2.3%, and Nvidia 1.2%, despite Broadcom's $35 billion AI financing launch.

AMD MU AVGO NVDA MRVL QQQ SMH
Salesforce Job Cuts Deepen Amid AI Pivot, Investor Scrutiny
Technology Sarah Chen

Salesforce Job Cuts Deepen Amid AI Pivot, Investor Scrutiny

Salesforce has cut an additional 86 roles across key units as it pushes into AI agents, with shares falling 4.6% amid questions over its traditional software model.

CRM MSFT ORCL
Quantum Computing Stocks Slide Amid Broad Tech Selloff; Rigetti Down 14%
Technology Sarah Chen

Quantum Computing Stocks Slide Amid Broad Tech Selloff; Rigetti Down 14%

Rigetti Computing shares plunged 14.4% in a broad tech selloff, erasing gains from positive analyst coverage. Other quantum stocks like IonQ and D-Wave also fell sharply.

RGTI IONQ QBTS QUBT QQQ SPY
Regentis Biomaterials Stock: Surgeon Training for GelrinC Knee Implant Set for Q3
Technology Sarah Chen

Regentis Biomaterials Stock: Surgeon Training for GelrinC Knee Implant Set for Q3

Regentis Biomaterials shares fell slightly premarket after announcing European surgeon training for its GelrinC knee implant will start in Q3, a commercial milestone but not yet revenue.

RGNT
IREN Shares Near $60 as AI Cloud Strategy Gains Traction
Technology Sarah Chen

IREN Shares Near $60 as AI Cloud Strategy Gains Traction

IREN shares jumped 8.9% to $59.19, boosted by bitcoin recovery and its AI cloud pivot. Premarket quotes hit $60.07.

IREN MARA RIOT CORZ NVDA MSFT
AmpliTech's 64T64R Massive MIMO Radio Shines at O-RAN PlugFest, AMPG Jumps 27%
Technology Sarah Chen

AmpliTech's 64T64R Massive MIMO Radio Shines at O-RAN PlugFest, AMPG Jumps 27%

AmpliTech shares surged 26.7% after its 64T64R Massive MIMO radio was the only one of its kind at O-RAN PlugFest, showing interoperability with major carriers. No new orders were announced.

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