SpaceX's near-term AI value lies in terrestrial compute infrastructure, not orbital plans, with deals for its Colossus supercomputer clusters expected to generate over $28 billion in annual revenue, f…
SK Hynix, the South Korean memory chipmaker, is preparing a $28 billion NASDAQ listing through an ADR offering under ticker SKHY, with trading expected to begin July 10, 2026. The proceeds will fund s…
SK Hynix priced its US listing at $149 per ADR, targeting approximately $28 billion in proceeds for its Nasdaq debut, in what could be one of the largest foreign offerings ever. The South Korean memor…
Nscale closed a $900 million revolving credit facility from twelve banks including Goldman Sachs, J.P. Morgan, and Morgan Stanley, marking Wall Street's formal endorsement of the GPU cloud market. The…
Wall Street banks issued bullish research notes on SpaceX's stock, forecasting prices above $200, but shares trade around $152 as investors remain cautious. Analysts highlight SpaceX's dominance in sp…
British data centre builder Nscale secured a $900m revolving credit facility from 12 banks including J.P. Morgan, Goldman Sachs and Morgan Stanley to fund AI data centre construction across Europe, th…
Nscale closed a $900 million revolving credit facility on July 7, 2026, to fund AI data-center expansion across the US, Europe, and Asia-Pacific, syndicated by J.P. Morgan, Goldman Sachs, and Morgan S…
Chile is reviewing the future of state-owned Codelco, the world's largest copper producer, as an internal audit reveals a 27,000-tonne overstatement of 2025 production, bringing output to its lowest i…
SK Hynix is listing American depositary shares on the Nasdaq under ticker SKHY, giving U.S. investors direct access to the dominant HBM chipmaker. The $28.1 billion offering, the largest-ever U.S. sto…
Copper surged to a record $14,527 per metric ton in January 2026, driven by AI data center demand that is creating a structural supply deficit. Citi forecasts copper reaching $15,000 within a year, wh…
J.P. Morgan warns of investor exuberance in AI markets, noting that 42 AI companies in the S&P 500 account for 65-80% of the index's total profits and that semiconductor rallies mirror dotcom bubble p…
Onsemi agreed to buy Synaptics in an all-stock deal worth about $7 billion, betting that the next wave of artificial intelligence will run in cars, factories, and robots rather than in cloud data cent…
Micron Technology reported earnings that blew past analysts' expectations, with revenue of $50 billion versus estimates of $43.2 billion, and raised its capex guidance again to above $25 billion. The …
Micron Technology's HBM4 memory chip is ramping production at twice the speed of its predecessor HBM3E, with full allocation for 2026. The company's fiscal Q3 2026 results crushed Wall Street estimate…
Runpod, a cloud startup renting AI computing power, raised $100 million in a funding round led by Summit Partners, reaching a $1 billion valuation—a tenfold increase in under two years. The company do…
J.P. Morgan ranked India third globally in AI readiness, behind the United States and China, citing Stanford University's Global AI Vibrancy Index. The report also noted that the S&P 500's top ten sto…
SpaceX and other companies are pursuing orbital data centers to meet AI-driven computing demand, leveraging abundant solar energy and avoiding Earth-based environmental constraints. However, challenge…
LTX announced agentic capabilities for its BondGPT application, enabling user-created AI agents to monitor real-time market conditions and take predefined trading actions including generating alerts, …
SpaceX's IPO on June 12 became the largest in U.S. history, with shares closing at $160, a 19% jump, and a market cap of $2.2 trillion. Elon Musk has repositioned SpaceX as an AI-centric company after…
J.P. Morgan analyst Rajat Gupta upgraded Tesla from Underweight to Neutral on June 5, raising the price target from $145 to $475. The upgrade reflects a shift in valuation thesis, with Gupta projectin…