U.S. data center electricity consumption rose from 1.9% of national power in 2018 to 4.4% in 2023, and Lawrence Berkeley National Laboratory projects it will reach 6.7% to 12% by 2028, driving demand …
NVIDIA's fiscal Q2 2027 earnings report, due Wednesday, August 26, 2026, is the critical test for the AI capital-spending cycle, according to Seema Shah, chief global strategist at Principal Asset Man…
Marvell Technology Inc. stock fell 4% to $228.31 on August 24, 2026, ahead of its August 27 fiscal Q2 2027 earnings report, while Broadcom Inc. slipped 2% to $360.49, dragging the iShares Semiconducto…
Anthropic, the AI company behind the Claude model, is expected to have an IPO valuation below SpaceX's $1.77 trillion, despite its estimated $65 billion revenue run rate outpacing OpenAI's $40 billion…
Nebius Group shares fell 4% to $211.21 on Monday as its $5 billion convertible note offering settled, while Datadog dropped 3% to $228.43 and Cloudflare slipped 3% to $284.50, tracking a soft cloud-so…
Nebius Group (NASDAQ:NBIS) is positioned as a cleaner alternative to CoreWeave (NASDAQ:CRWV) in the AI infrastructure space, with Q2 revenue of $582.3 million (up 454% year over year), $8.04 billion i…
Cisco Systems (NASDAQ:CSCO) is emerging as a hidden winner in the AI infrastructure boom, with hyperscaler AI orders totaling $9.3 billion in fiscal 2026, roughly 4.5 times the prior year, and managem…
Anthropic executives believe their upcoming public offering will match or exceed the $75 billion that SpaceX raised in June, and the company could file for its public listing before the end of the mon…
Microsoft Corp. (NASDAQ: MSFT) is the most overlooked AI stock, with a 24/7 Wall St. price target of $590.17, implying 22.13% upside from $483.24, driven by Azure's $100 billion annual revenue run rat…
Apple Inc. (NASDAQ: AAPL) has become the Magnificent 7 stock with the lowest AI-related capital expenditure, spending just 1.8% of revenue on capex compared to Alphabet Inc.'s 37.5%, and its shares ha…
Marvell Technology Inc. (NASDAQ: MRVL) reported fiscal 2026 revenue of $8.195 billion, up 42.09% year over year, and non-GAAP EPS of $2.84, up 81%, with data center revenue accounting for 76% of Q1 FY…
Super Micro Computer Inc. shares fell 7% to $34.53 on Monday after Taiwanese prosecutors indicted nine people, including two employees of Super Micro Computer's Taiwan unit and one employee of NVIDIA …
Nvidia Corp. could see its stock drop 20% to $165 if it misses earnings, according to 24/7 Wall St., which notes the stock traded at that level in late March when AI demand waned. The company is expec…
Palantir Technologies Inc. (NASDAQ: PLTR) could reach $250 per share by August 24, 2028, according to a 24/7 Wall St. model, implying a 38.9% gain from its current price of $179.94. The company's U.S.…
Broadcom is in talks to raise more than $60 billion in debt, potentially reaching $100 billion, through a special-purpose vehicle that buys AI chips and leases them back to customers like Anthropic, a…
OpenAI CFO Sarah Friar told employees at an all-hands meeting in San Francisco that the company plans to go public in 2027 or sooner, framing the IPO as "another fundraise" rather than a finish line. …
Alibaba's stock has fallen roughly 40% from its January high after the company reported a 75% plunge in quarterly net income to 10.5 billion yuan and announced a $10.2 billion share sale to fund AI in…
Dan Ives of Yorkville Ives told CNBC that investors still underestimate NVIDIA (NASDAQ: NVDA) ahead of its fiscal second-quarter earnings on August 26, 2026, arguing that analyst models for the next 1…
Qualcomm's shares are down 5.06% year to date, but 24/7 Wall St. sets a $226.05 price target, implying 41.14% upside, citing a diversified semiconductor platform and a data center push. CEO Cristiano …
Applied Optoelectronics Inc. (NASDAQ:AAOI) shares fell 12% to $109.94 on Monday after the company announced a $600 million at-the-market equity offering, with proceeds earmarked for general corporate …