NVEC
NASDAQ · Semiconductors
Nve Corp
$73.72
+2.49 (+3.50%)
NVEC News30 articles
Oil Prices Slide Despite Sharp Drop in U.S. Distillate Inventories
Oil prices fell Wednesday despite a U.S. inventory report showing a sharp draw in distillate supplies. WTI dropped $2.19 to $93.90, while distillate stocks fell 3.6 million barrels.
Unconventional AI Acquires NeuReality to Accelerate Chip Production
Unconventional AI agrees to buy NeuReality, adding systems engineers and accelerating its path from research to production. About 40 staff will join.
AST SpaceMobile Unveils Brazil Gateway Plans and Spectrum Details
AST SpaceMobile plans four Brazilian ground gateways and secured up to 20 MHz of regional carrier spectrum, supporting its satellite-to-phone broadband service.
Tata Communications Unveils $450M Fiber Expansion to Boost AI Data Center Capacity
Tata Communications announces a $400-450 million fiber expansion in India to connect AI hubs, boosting capacity 5.8-fold to 7.25 Pbps by FY2036.
Renesas Unveils Dual-Cooled GaN Switch for 800V AI Power
Renesas has begun sampling a 650V GaN power switch with dual-side cooling, aimed at 800V AI rack power conversion. The device promises a 57% smaller footprint and 2.6 kW/in³ power density.
UK Budget Proposal: £600 Tax Relief for Workers, 45% CGT for Investors
A reported UK Budget proposal could lift personal allowance by £3,000, saving basic-rate taxpayers £600, but raise capital gains tax to 45%.
AMD Rally on Unverified Price Hike Speculation
AMD closed at $615.52, up 9.95%, but no confirmation of a reported 10% Q4 price hike. Analysts' average target implies 4.7% upside, with data center growth driving sentiment.
Bungie Revives Destiny 2 Vaulted Content; Sony's Investment Strategy in Focus
Bungie has started rebuilding vaulted Destiny 2 content, reversing an earlier sunsetting decision. Sony's $3.6B acquisition faces renewed scrutiny as investors await monetization details.
Novo Nordisk Shares Plunge 8% as Investors Question Post-Semaglutide Growth Strategy
Novo Nordisk ADRs dropped 8.18% to $39.705 after its capital markets day, as investors questioned how it will offset the 2032 U.S. semaglutide patent expiry. The company targets over DKK 150B in pipeline sales by 2035.
Société Générale Jumps 3.4% as Bank Unveils €21B Capital Return Plan
Société Générale shares gained 3.4% after the bank raised its 2029 profitability target and outlined potential distributions exceeding €21 billion through 2029.
Nine Shares Slide 3.8% Despite AFR Growth, Raising Investor Scrutiny
Nine Entertainment's shares dropped 3.8% on Friday to A$0.765, even as The Australian Financial Review posted high-single-digit growth. Publishing EBITDA fell 3%.
CoreWeave's Stock Bounces 1.9% Amid $3.7B Convertible Notes and ATM Share Sale Plan
CoreWeave priced $3.7B convertible notes and disclosed an ATM share sale program. Stock rose 1.85% Friday but still below Wednesday's close.
Aramco Rebounds on Intercepted Attacks; Yanbu Claims Unverified
Saudi Aramco erased early losses to close up 1.33% after intercepted attacks, but unverified Yanbu claims and below-average volume temper the rally.
Salesforce Stock Slips 8.3% During Dreamforce as Investors Seek New Growth Signals
Salesforce (CRM) dropped 8.3% during Dreamforce week, closing at $237.92. Despite product launches, the reiteration of the $63B revenue target failed to excite investors, with volume surging.
AMD Radeon RX 10800 XT Rumors Unverified; Gaming Segment Slips
AMD's unconfirmed RX 10800 XT claims lack official backing. Gaming revenue dropped 31% to $779M, just 6.8% of Q2 sales, while data center leads growth.
Mitsuoka LA1 Roadster Set for Nov. 26 Debut; Mazda MX-5 Link Still Unverified
Mitsuoka will unveil its retro-styled LA1 roadster on Nov. 26, but has not confirmed speculation that it uses a Mazda MX-5 Miata platform. The niche model's impact on Mazda's financials is expected to be minimal.
Tempus AI's Cancer Platform: Evidence, Limits, and What It Means for Investors
Tempus AI's cancer-care platform integrates molecular and clinical data to support oncologists. While recent studies show promising results, the evidence falls short of proving the platform improves patient survival.
Accenture Stock Rebounds on $2B Anthropic AI Safety Investment
Accenture (ACN) stock flipped from a 4.7% decline to a 7.8% after-hours gain after announcing a $2 billion AI safety partnership with Anthropic.
Musk's Memphis Presence Signals AI Buildout Priority as SpaceX Investment Surges
SpaceX shares fell 1.77% Friday, but the real signal is CEO Elon Musk's presence at the Memphis AI buildout, where capex reached $15.83B in Q2.
Palantir CEO's AI Liability Stance: A Double-Edged Sword for Investors
Palantir CEO Alex Karp's call for AI liability rules could favor its controlled deployment model, but the company's own filing highlights regulatory and error risks. Stock closed at $176.24.
Rocket Companies Faces Investor Skepticism as Mortgage Rates Rebound
Rocket Companies (RKT) shares dropped 2.9% as mortgage rates rose to 6.95%, raising concerns about origination volume despite a $2 trillion servicing book.
Schrödinger Surges 26% as Investors Bet Big on Tectora Spinout
Schrödinger stock soared 26% on Sept. 17, adding $472M in market cap, as investors rallied around the Tectora spinout despite undisclosed financial terms.
Ontario Minimum Wage Hits C$17.95: Cost Cap for Investors
Ontario's minimum wage increases to C$17.95 on October 1, affecting 700,000 workers. The C$510 million direct cost estimate is a ceiling, not a forecast. Retail and restaurant stocks face exposure.
Suncorp Retains ARMA Amid Debt Recovery Concerns; Investor Focus Shifts to Outsourcing Oversight
Suncorp retains debt collector ARMA after admitting premature recovery action in an AAMI case, raising investor questions about outsourcing controls.
BoE Holds Rates at 3.75%, Unveils Long-Term Gilt Reduction Plan
The Bank of England held rates at 3.75% and announced a plan to reduce its gilt holdings by £368 billion by 2034. Inflation expectations were revised higher.
TypeSafe AI Secures $40M for Jev, Yet Speed Claims Remain Unverified
TypeSafe AI has raised $40 million for Jev, a decision-only AI model. Its bold cost and speed claims rely on internal benchmarks, raising questions.
Brookfield and CPP Investments Unveil C$50B Maple Fund Framework
Brookfield and CPP Investments have launched the Maple Fund, a C$50B framework for large Canadian projects. No deals approved yet; BAM shares slipped 1.4%.
Innventure Faces Securities Suit After 55% Share Plunge, Cash Drain
Innventure faces a securities class action after a 55% stock drop and $59.5M cash burn. The lawsuit alleges misleading statements, while the company struggles with funding and a lost data-center project.
CNN's $6.99 Streaming Service on Prime Video: The Conversion Challenge
CNN's premium streaming service is now bundled with Amazon's free news clips, but the real test is whether it can turn viewers into paying subscribers.
DoorDash Expands Food Tech with $300M Grubhub Campus Deal and $125M Wonder Investment
DoorDash announced a $300 million deal for Grubhub Campus Dining and a $125 million investment in Wonder, broadening its food-tech footprint.