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NXTT News7 articles
Shenzhen ChiNext Reforms Unveiled Amid Weekly Market Declines
Chinese regulators announced updated listing standards for Shenzhen's ChiNext board to attract innovative firms, yet major indices posted weekly losses. The Shenzhen Component dropped 2.2%, while the Shanghai Composite declined 0.9%.
Coherent Launches 224Gbps Chip for Next-Gen AI Data Centers
Coherent Corp introduced its CHR1074 224Gbps quad-channel transimpedance amplifier, targeting 800G and 1.6T optical modules for AI data centers. The company also secured new funding from an expanded partnership with Nvidia to prioritize production capacity.
Nvidia Invests $4 Billion in Photonics to Power Next-Gen AI Data Centers
Nvidia shares gained 3% in after-hours trading following its $4 billion investment in photonics suppliers Lumentum and Coherent. The move aims to secure critical optical components for AI data centers.
Euronext Surges 4% on Strong Eurozone Data, Eyes German Ifo and ECB
Euronext shares closed Friday at €127.40, gaining 4% after a session of significant volatility. The rebound followed the release of stronger-than-anticipated Eurozone PMI figures.
Micron Shares Dip on Concerns Over HBM4 Supply for Nvidia's Next AI Platform
Micron Technology's stock declined nearly 3% early Tuesday amid reports Samsung and SK hynix may dominate initial HBM4 supply for Nvidia's upcoming AI processors. Investors await clarity from Micron's Feb. 11 conference appearance.
NextEra Energy Approaches Record High Following $1.3 Billion Bond Offering
NextEra Energy shares edged higher, nearing a new peak after a major debt issuance. Investors now await upcoming U.S. jobs and inflation data for direction on interest rates.
Exxon Mobil Reaches 52-Week Peak at $149; Eyes on Oil and Data Next Week
Exxon Mobil shares surged over 2% to close at a 52-week high of $149.05, buoyed by rising oil prices and a broad market rally. Key economic data and the company's dividend record date are upcoming focal points.