AMD news — page 4

Think Machine Lab, backed by Nvidia, is reportedly seeking about $1 billion in fresh funding at a $40 billion valuation, according to multiple wire reports.

August PMI data show US services activity at a six-month high and UK services at a four-month peak, with the US composite in line with expectations

PayPal stock edged higher as renewed takeover speculation circulated among market observers, according to wire reports covering investor sentiment and trading dynamics.

Ciena posts better-than-expected results while the AI data-center sector retreats, contrasting with a rally in the company's shares during the session.

AeroVironment secures a landmark $465 million U.S. Army contract to supply laser defense systems, marking a significant milestone for the company’s defense portfolio.

Reports flag that major cloud providers, led by Amazon, Alphabet, and Meta platforms, continue to drive AI development as cloud growth picks up pace.

Markets weigh Nvidia and AMD as AI infrastructure demand looms, with analysts pointing to a potential $1 trillion spend in AI infrastructure in 2027.

Duluth Holdings reports higher second-quarter profit versus a year earlier, prompting a surge in its stock as investors react to improved earnings.

Broadcom stock declines following earnings with guidance seen as in-line by some but below investor expectations, while the broader market gains as Treasury yields retreat.

Hewlett Packard Enterprise raised its annual outlook as demand in AI and networking lifts quarterly results, forecasting 2027 revenue growth of 13-17% and at least $5 billion in free cash flow.

After-hours trading moved lower for Hewlett Packard Enterprise amid the quarterly results and a backdrop of AI-focused data center demand and forecasts.

Broadcom reported AI chip revenue more than tripling in Q3 to 16.7 billion, with guidance for Q4 at 21.7 billion, a development that accompanied a slide in Broadcom shares.

Snowflake signals higher FY2027 product revenue target of $6.07 billion and a 14.5% non-GAAP operating margin as artificial intelligence demand shapes the company’s upside, while Q2 shows expanding revenue and narrowed losses.

Activist investor Elliott has acquired a stake in Deutsche Telekom and expressed opposition to a proposed T-Mobile US merger valued at about $300 billion.

Jefferies launches coverage on USA Rare Earth with a Buy rating amid concerns of bottlenecks in critical minerals as electrification demand rises, while the stock’s recent pullback heightens scrutiny.

CrowdStrike broadens its collaboration with OpenAI to extend enterprise security to Codex agents and introduces components of a new AI security suite, Falcon Guardian and SafeMind.

Lynas Rare Earths confirmed it was in takeover discussions earlier this year, with details not disclosed, as reporting notes the conversations occurred amid ongoing deal speculation.

Palantir’s chief executive has backed a new Ukraine defense technology venture launched by the country’s ousted defense minister, a move that intersects wartime experience with new tech aims while market observers note Palantir’s own valuation challenges.

Taiwanese companies are set to commit an additional $20 billion in U.S. investments as demand grows for AI-related technologies and capabilities.

Japanese shares slide on broad weakness, while Ito En jumps after reporting fiscal first-quarter results, bucking the market-wide downturn.

Shares in GitLab advanced after the company reported record quarterly bookings and issued stronger-than-anticipated guidance, prompting renewed market attention on its growth trajectory.

General Electric has secured a $2.9 billion contract with the U.S. Navy from the Department of Defense to maintain and sustain F414 engines in mission-ready condition.

OpenAI restricts the cybersecurity capabilities of its Astra AI model, stating the feature set crosses a critical threshold and will be access-limited when released

GoPro announces a merger with Starman Optical, moving to monetize its IP and expand growth across consumer and commercial markets through a $285 million cash transaction.

The U.S. House advanced a short-term funding measure to prevent a government shutdown ahead of the midterm elections, amid resistance from hardline GOP voices.

A dispute between Apple and OpenAI centers on an OpenAI employee allegedly accessing circuit plans after leaving to join a startup, with OpenAI countering that Apple bears responsibility for the dispute

Ark Invest adds BWX Technologies to its portfolio alongside fresh purchases of Block Inc., highlighting a broader strategy that mixes AI-adjacent bets with sizeable cornerstone tech names.

Elbit Systems has secured approximately $270 million in contracts for advanced intelligence, surveillance, reconnaissance and targeting payloads from an international customer.

Strategy bought 4,603 BTC at an average price of $80,318, resuming treasury purchases after a two-month gap while also building cash and buying back STRC preferred stock.

Ripple implements structural optimizations on the XRP Ledger, including extensive code removal and quantum-resistant preparations, to support native lending growth and future-proof network cryptography.