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Apollo Global Management Inc. and Blackstone Inc. are among private credit lenders involved in talks with chipmaker Broadcom Inc. over a roughly $35 billion financing, the latest indication that companies are mobilizing all sources of capital to fund the AI build-out.

IREN signed a five-year AI infrastructure cloud services contract with NVIDIA valued at about USD 3.4 billion. Shares of the company jumped 7% in overnight trading.

Arm Holdings stock fell 6% in overnight trading after it warned of sluggishness in the smartphone industry, crimping a vital source of the chip company’s revenue, while promising that AI data center growth would more than offset the slump.

Advanced ​Micro Devices forecast second-quarter revenue above Wall Street expectations on Tuesday, helped by keen demand for its data-center chips as cloud-computing companies accelerate spending ‌on artificial-intelligence infrastructure. Shares of the company jumped over 16% in overnight trading

Intel shares rose another 4.3% in extended trading, after jumping 12.1% on Wednesday.

Qualcomm ​forecast third-quarter results below expectations, but CEO Cristiano Amon's upbeat comments on a recovery in its core smartphone business ‌and data center opportunities pushed its shares up 12.9% in overnight trading.

BYD Co. is borrowing a lot of money to get through its prolonged earnings slump.

Shares of storage companies jumped in overnight trading, after strong revenue and profit forecasts from Seagate Technology signaled that spending by enterprises on artificial ​intelligence equipment will remain strong.

BYD Co. reported its lowest quarterly profit in over three years, as the leading global electric vehicle manufacturer increased discounts to counter rising competitive pressures.Net income declined 55% to 4.08 billion yuan ($597 million) for the first quarter ending March 31, according to the automa

New Zealand's economy sustained job growth in March, even as the conflict with Iran negatively impacted business confidence and hiring plans.

Sanmina shares surged 13% following second quarter results that significantly exceeded Wall Street expectations, driven by stronger-than-anticipated demand for accelerated compute products from its ZT Systems acquisition.

Amazon.com Inc. is in advanced talks to acquire satellite operator Globalstar Inc. in a deal that would boost the tech giant’s efforts to build its own satellite operation, according to people familiar with the matter.Globalstar stock rose in overnight trading.A transaction could be announced as soo...

US stock futures extended rally. Nasdaq futures up nearly 3%; S&P 500 Eminis up 2.26%; Dow Jones futures up 2%.

A Kuwaiti oil tanker carrying a full load of crude was struck by Iran while anchored at Dubai's port, resulting in hull damage and a fire on board, according to a statement from state-run Kuwait Petroleum Corp.The attack on the very large crude carrier Al-Salmi occurred shortly after midnight local ...

Japanese equities fell as worries over the intensifying conflict in Iran and rising oil prices dampened risk sentiment, with the hostilities now in their fifth week.

Memory chip stocks extended their losses on Thursday after Alphabet Inc.’s Google publicized research on a new algorithm that could allow more efficient use of the storage needed for artificial intelligence development.Samsung Electronics Co. and SK Hynix Inc., South Korean leaders in the market, bo

Alphabet revealed a set of new algorithms today designed to reduce the amount of memory needed to run large language models and vector search engines.Shares of major memory and storage suppliers had declined during early market action on Wednesday. Micron Technology (MU) was down 3%, Western Digital

NVIDIA is at a unique point in history. With the rise of artificial intelligence (AI) data centers, Nvidia has transformed into a new company since 2023, and each year, the same trend happens with the stock.

HK Chip Stocks And ETFs Dropped. SK Hynix-Related ETF Down 12%; Samsung-Related ETF Down 10%; Iluvatar Corex Down 7%; Gigadevice Down 6%; InnoScience Down 5%; SMIC And Hua Hong Semi Down 4%.

Anthropic PBC, the creator of the Claude AI tool, announced plans to inaugurate a Sydney office in the upcoming weeks as part of its strategic expansion into Australia and New Zealand.