Technology

Nvidia Buys Hugging Face for $13 Billion, Keeping It Open Source

Nvidia agreed to acquire AI platform Hugging Face for $12.93 billion, pledging to keep the developer hub open source and independent of its own hardware.

Gloria Steinem, Feminist Icon and Ms. Magazine Co-Founder, Dies at 92

Gloria Steinem, journalist, activist and co-founder of Ms. Magazine, died at 92 at her New York City home, her foundation said Wednesday.

Campbell’s Slashes Dividend and Cuts Sales Outlook as Shares Drop 7%

Campbell's slashed its dividend and cut its annual sales forecast on weak consumer spending, sending shares down about 7% after sales and profit declined.

Iran Strikes US Bases in Kuwait as Trump Warns War Won’t Last Long

Kuwait's military intercepted Iranian missiles and drones Thursday as Tehran widened its retaliation against U.S. bases, with Trump warning strikes could r

Trump Confirms Xi Washington Visit This Month, Touts US Lead in AI Race

Trump said on Wednesday that Xi Jinping will visit Washington this month, calling the summit exciting and claiming a US lead in artificial intelligence.

Bloom Energy Stock Surges as Sales Top $1 Billion on AI Data Center Demand

Bloom Energy shares jumped after quarterly sales topped $1 billion and the fuel-cell maker raised 2026 guidance again, driven by AI data center power deman

Apple Becomes Second Company to Reach $5 Trillion as Investors Retreat from AI Stocks

Apple became the second company to touch a $5 trillion valuation as investors rotated out of AI and semiconductor stocks amid a broader tech sell-off.

US Plans to Ban New Chinese Robots and Power Inverters, Citing AI Security Risks

The Trump administration plans to ban imports of advanced Chinese robots and power inverters, citing national security risks to the U.S. AI buildout.

Chip Stocks Head for One of Their Worst Months Ever as Broader Market Holds Steady

Semiconductor stocks are posting one of their steepest monthly declines on record, echoing the dot-com era, even as the broader market holds steady.

Chip Stocks Extend Selloff Amid AI Financing Doubts and China Competition Fears

Semiconductor shares fell for a second session as investors weighed AI financing costs and rising competition from Chinese chipmakers.

ASML Retains Chipmaking Edge Despite China’s Domestic Tool Push, Analysts Say

ASML remains insulated from China's domestic chipmaking tool drive despite US-China tensions, analysts say, as investors reassess recent share weakness.

SanDisk’s $42 Billion Backlog Fuels Rally as Memory Stock Valuations Draw Scrutiny

SanDisk shares climbed on a reported $42 billion backlog as investors questioned whether memory stock valuations have outpaced fundamentals amid the AI boo

South Korea’s KOSPI and Wall Street Tech Grow Increasingly Intertwined as Chip Ties Deepen

South Korea's KOSPI has grown tightly correlated with the Nasdaq 100 as Samsung and SK Hynix ride surging AI memory-chip demand, raising volatility concern

Apple Overtakes Nvidia to Reclaim Title of World’s Most Valuable Company

Apple has surpassed Nvidia to become the world's most valuable company, ending the chipmaker's reign atop the market amid the AI boom.

Circle Shares Climb After Acquiring Blockchain Patents From IBM

Circle has acquired a portfolio of blockchain patents from IBM, boosting its shares and strengthening its intellectual property in the stablecoin sector.

Chip Stocks Slide as Report Points to China’s Domestic DUV Tool Breakthrough

ASML and U.S. chip stocks slid after a report said China began making homegrown DUV chipmaking tools, raising fears of a more competitive Chinese chip indu

Nvidia in Talks to Guarantee $250 Billion Financing for OpenAI Ohio Data Center

Nvidia is reportedly in talks to guarantee up to $250 billion in financing for OpenAI's Ohio data center project, deepening ties between the two AI leaders

D-Wave Quantum Shares Surge After Expanded Partnership with AT&T

D-Wave Quantum shares jumped after expanding its partnership with AT&T to apply quantum computing to complex optimisation problems.

CXMT Shares Surge 472% in Shanghai Debut, Valuing Chipmaker at $489 Billion

Chinese DRAM chipmaker CXMT surged 472% on its Shanghai Star Market debut, reaching a $489 billion valuation after raising $8.6 billion in its IPO.

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