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NIO Shares Rally as ES8 Sales Surge, Boosting Profit Outlook
NIO shares jumped 43.5 cents to $6.515 after April deliveries rose 22.8% to 29,356 vehicles, with the ES8 SUV accounting for 44% of volume. Q1 results are due May 21.
Google in Talks with Marvell for Custom AI Chips, Boosting Custom Silicon Race
Alphabet's Google is in discussions with Marvell Technology to design two new AI chips, according to a report. The move would deepen Marvell's role in the custom chip market for cloud giants.
Nvidia's Rubin AI Chip Launch Faces HBM4 Memory Hurdles, Boosting Blackwell
Nvidia's upcoming Rubin AI chip faces potential shipment delays from HBM4 memory bottlenecks, likely increasing Blackwell's 2026 high-end GPU share to over 70%.
Asia Imposes Fuel Curbs as Hormuz Crisis Escalates, Boosting Renewables
Asian governments have expanded emergency fuel measures as the prolonged Strait of Hormuz crisis keeps energy costs elevated, prompting rationing, tax cuts, and a pivot toward renewable energy sources.