Micron Technology's stock surged 15% after reporting $41.46 billion in Q3 FY2026 revenue, driven by AI demand for memory chips. The company announced a $200 billion domestic manufacturing plan, includ…
Micron Technology reported fiscal Q3 2026 revenue of $41.46 billion, up from $9.3 billion a year earlier, and guided Q4 revenue to approximately $50 billion, sending shares up 15% and pushing its mark…
Goldman Sachs initiated coverage on Comfort Systems USA with a Buy rating and a $2,159 price target, citing the company's role in building AI data centers. The mechanical contractor's technology secto…
Atlas Capital disclosed a 23.1% stake in Greenidge Generation after receiving 114,199 new Class A shares as an interest payment, raising dilution concerns as Greenidge pivots from Bitcoin mining to AI…
US semiconductor ETFs saw a record $7.1 billion in daily inflows, with the iShares Semiconductor ETF alone absorbing $5 billion, driven by investor demand for AI-related chip exposure. The surge refle…
Meta launched Muse Spark 1.1 with a 1 million token context window and opened developer preview access to its API, intensifying competition with OpenAI and Anthropic. The model targets agentic workflo…
SK Hynix plans to price its US listing at $149 per American depositary receipt, targeting a $26.5 billion IPO that would surpass Alibaba as the largest foreign company debut on a US exchange. The Kore…
TeraWulf, a former Bitcoin mining company, signed a 20-year lease with AI lab Anthropic for a data center campus in Kentucky, projected to generate $19 billion in revenue. The deal, requiring $3.2-4 b…
Anthropic, OpenAI, and SpaceX are poised to launch IPOs that could collectively surpass the total exit value of every US venture-backed IPO since 2000, according to PitchBook. SpaceX alone targets a $…
TeraWulf plans to raise approximately $3.5 billion in debt to build the Justified Data Campus in Kentucky, a massive AI computing hub with potential capacity exceeding 1 GW. The company signed a 20-ye…
Marathon Digital Holdings announced a milestone-based deal to acquire a 1,200-acre powered land site in Matagorda County, Texas, for up to $600 million to build a digital infrastructure campus targeti…
OpenAI staggered the release of GPT-5.6 after discussions with the Trump administration, limiting initial access to government-approved partners following a new executive order that established a 30-d…
OpenAI CEO Sam Altman announced GPT-5.6 Sol, a new AI model that delivers a 54% improvement in token efficiency for agentic coding tasks, significantly reducing inference costs. The breakthrough threa…
Mark Zuckerberg returned to X after three years to announce Meta's new coding AI model, Muse Spark 1.1, as the company pivots heavily toward artificial intelligence with projected expenditures of $125…
OpenAI CEO Sam Altman pushed back on 'inaccuracies' about a proposed deal to give the US government a 5% equity stake worth an estimated $42.6 billion, clarifying terms during a CNBC appearance. The p…
Mercor, a startup that supplies domain experts to train AI models, is in talks for a $20 billion valuation, doubling its worth from eight months ago. The company, founded in 2022 by three college drop…
A coalition of news organizations led by The New York Times filed a motion seeking sanctions against OpenAI, accusing the AI company of deleting or failing to preserve approximately 20 million ChatGPT…
South Korean chipmaker SK Hynix is listing on the Nasdaq with a $1 trillion valuation, targeting $28 billion in one of the largest foreign equity raises ever. The company's high-bandwidth memory chips…
Federal Reserve Bank of New York president John Williams warned that surging demand for artificial intelligence could drive US inflation higher, potentially forcing the Fed to raise interest rates. Wi…
Meta is testing a tiered subscription model called Meta One with Plus and Premium tiers starting at $7.99 per month, while also launching AI business agents on WhatsApp with consumption-based pricing.…