Sundar Pichai, chief executive officer of Alphabet Inc., during the Bloomberg Tech conference in San Francisco, California, US, on Wednesday, June 4, 2025. David Paul Morris | Bloomberg | Getty Images Alphabet briefly passed Nvidia by market cap in after-hours trading this week, a remarkable feat for a company that was seen as deeply at…
The Micron Technology offices in San Jose, California, Dec. 16, 2025. David Paul Morris | Bloomberg | Getty Images Micron Technology shares caught fire this week amid a global shortage of memory chips, with momentum driving the stock on surging enthusiasm across the semiconductor sector. Shares surged more than 15% to close at $746.81 on…
Lisa Su, CEO of AMD speaks with CNBC on May 6, 2026. CNBC Since the launch of ChatGPT in late 2022 and the start of the generative AI craze, one name has dominated the infrastructure boom: Nvidia. While the chipmaker — and the world’s most valuable company — continues to prosper and is expected to…
This report is from this week’s The Tech Download newsletter. Like what you see? You can subscribe here. Earlier this year, agentic AI tool OpenClaw went viral and everyone and their grandmas were queuing up to get the digital assistant downloaded on their devices. Nvidia’s Jensen Huang was effusive with praise, calling the tool the “next…
Thomas Fuller | SOPA Images | Lightrocket | Getty Images IREN shares surged in extended-trading on Thursday before giving back nearly all of the gains after the data center operator announced a partnership with semiconductor giant Nvidia. Nvidia and IREN will deploy up to 5 gigawatts of the chip maker’s DSX-branded infrastructure designs intended to…
Arm Holdings shares fell Wednesday evening despite the chip designer reporting a better-than-expected quarter and giving an upbeat outlook for its data center CPU business. Revenue for the company’s fiscal 2026 fourth quarter ended March 31 increased 20% year-over-year to $1.49 billion, ahead of the LSEG-compiled analysts’ consensus estimate of $1.47 billion. Non-GAAP earnings per…
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images Shares in Japanese tech-focused investment giant SoftBank Group soared 16.5% Thursday, amid a broader tech-fueled rally that saw Japan’s…
Lisa Su, chair and chief executive officer of Advanced Micro Devices Inc. (AMD), during the 2026 CES event in Las Vegas, Nevada, US, on Monday, Jan. 5, 2026. Bridget Bennett | Bloomberg | Getty Images Advanced Micro Devices reported first-quarter earnings Tuesday that topped expectations, while the company’s revenue forecast also exceeded estimates as demand…
I am growing tired of the endless bubble talk about all of the data center spending. It’s obvious from this quarter that the bubble talk has been proven wrong; try getting someone to say that, though. So, who do I think I am to go there? Just an observer. One who believes that this was…
The S & P 500 kept its record run alive last week, boosted by a strong batch of earnings reports that showed the artificial intelligence spending boom isn’t slowing down. Even more earnings are on the way in the coming week. Plus, the jobs market will be under the microscope. The market’s blistering rally in…
