Latest News
Oil Volatility Tests AI Memory Stocks as Sandisk Swings on Gulf Tensions
Sandisk shares fell 0.6% in early Thursday trading following sharp intraweek swings, as escalating U.S.-Israeli conflict with Iran disrupts oil shipping and revives inflation fears that could pressure tech budgets.
Micron Launches High-Density AI Server Memory, Nvidia Backs Efficiency Push
Micron Technology has started shipping samples of its new 256GB SOCAMM2 low-power server memory module, designed specifically for AI data center workloads. The module scales to 2TB per CPU and consumes significantly less power than standard DDR5.
Nvidia Reallocates TSMC Capacity from China-Bound H200 to Vera Rubin AI Platform
Nvidia has reportedly stopped manufacturing its H200 AI chips for the Chinese market, reallocating Taiwan Semiconductor Manufacturing Co. capacity to its next-generation Vera Rubin platform. The company holds U.S. licenses for limited H200 shipments to China, but no sales have occurred.
AWS Launches AI Platform to Automate Healthcare Administrative Tasks
Amazon's cloud division has unveiled Amazon Connect Health, an AI-driven platform aimed at reducing administrative burdens in healthcare by automating tasks like patient verification and clinical documentation. Early adopters report efficiency gains, with Amazon shares rising slightly on the news.
Hut 8 Soars on Bitcoin Rally and AI Data Center Expansion
Hut 8 shares climbed nearly 14% Wednesday, buoyed by bitcoin's surge to $74,000 and an analyst price target increase. The company is advancing AI data center projects and deploying new mining rigs.
AMD Partners with University of Toronto to Launch AI Research Hub Amid Intensifying Chip Competition
Advanced Micro Devices has launched a new artificial intelligence research laboratory in partnership with the University of Toronto, aiming to support 100 projects over three years. AMD shares surged approximately 6% in premarket trading following the announcement.
Qatar LNG Halt Strains Global Supply, Spotlight on Venture Global Flexibility
A Qatar LNG production halt is tightening global supply, with Venture Global's flexible spot cargoes drawing attention. Limited spare capacity elsewhere is driving sharp price increases.
California Antitrust Review Clouds Paramount's $110B Warner Bros. Discovery Acquisition
California's attorney general has opened an antitrust investigation into Paramount's planned $110 billion acquisition of Warner Bros. Discovery, casting doubt on the merger's timeline and approval.
Vale Base Metals Accelerates IPO Timeline to Mid-2026
Vale Base Metals has moved up its target for potential IPO readiness to mid-2026, according to CEO Shaun Usmar. The unit is cutting costs and accelerating projects, though parent company Vale retains final listing authority.
Nu Holdings Secures Inter Miami Stadium Naming Rights Amid U.S. Bank Charter Push
Nu Holdings has secured naming rights for Inter Miami CF's new Miami Freedom Park stadium, branding it 'Nu Stadium' as the company pursues a U.S. national bank charter. The 26,700-seat venue opens April 4, with jersey branding starting in August.
Grab Faces Regulatory Pressure in Indonesia, Adjusts Malaysian Fintech Terms
Grab Holdings sets aside Rp100-110 billion for enhanced holiday bonuses for Indonesian drivers following a new government mandate. Separately, Grab Malaysia will increase monthly interest on new PayLater instalments to 1.25% starting March 9.