Technology News
Technology stock news including AI, semiconductors, cloud computing, and software. Coverage of Big Tech earnings, product launches, and sector trends.
Micron Shares Rise on AI Memory Demand as DRAM Production Expands
Micron shares climbed 3.7% in premarket trading Tuesday to $779.05, driven by the start of 1-alpha DRAM production at its expanded $2 billion Manassas, Virginia facility.
Nokia Shares Near 52-Week High After Insider Purchase Boosts AI Sentiment
Nokia shares traded near a 52-week high after a top executive purchased $500,000 worth of stock, amid rising AI-related sales and strong Q1 results.
Infleqtion Stock Surges 31% After $100M Quantum Funding Deal
Infleqtion shares surged 31.4% last week after a $100 million CHIPS Act letter of intent. The stock closed Friday at $16.35, up 11.2%.
Intel's AI Pivot Under Scrutiny After Holiday Lull
Intel closed at $119.84 before Memorial Day. The market is focused on whether AI demand and supply will sustain the stock's rally.
D-Wave Quantum Surges on $100M Grant, Awaits Key Details
D-Wave Quantum shares rose to $29.40 after news of a $100 million CHIPS Act grant. The market awaits final terms and the company's investor day on June 1.
Rigetti Computing Surges on $100M Quantum Grant News, Trading Resumes Tuesday
Rigetti shares surged 19.9% to $26.42 on Friday following news of a potential $100 million grant from the U.S. Commerce Department. Trading resumes Tuesday after the Memorial Day holiday.
Xanadu Shares Gain in Toronto as Nasdaq Halts; $300M Facility and Cost-Cutting Tech in Focus
Xanadu's TSX shares rose 5.18% to C$21.85 on Monday, while its Nasdaq line was closed for Memorial Day. The company announced a $300 million equity facility and a quantum memory advance that could cut costs by half.
