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Marvell Shares Fall 8% as AI Outlook Disappoints Despite 37% Revenue Jump

Marvell shares dropped 8% Friday after its fiscal 2028 outlook underwhelmed, despite 37% revenue growth, as investors questioned timing of a Google AI deal

Nvidia Earnings Beat Fails to Lift Broader Chip Sector This Week

Nvidia posted blockbuster results on August 28, but the wider chip sector closed mixed across the US, Europe and Asia, exposing a narrowing AI trade.

SK Hynix Breaks Ground on $4 Billion Indiana AI Chip Plant, Output From 2029

SK Hynix held a groundbreaking ceremony Wednesday for its first U.S. facility, a $4 billion Indiana AI memory packaging plant, with output from 2029.

Nvidia Revenue Doubles to $96.2 Billion as AI Chip Demand Surges

Nvidia reported Q2 revenue of $96.22 billion, more than double a year earlier, as AI chip demand beat Wall Street forecasts. Shares slipped in after-hours

Nvidia Warns Customers of AI Server Price Hikes Above 15%

Nvidia has told major customers that servers containing its AI chips could rise more than 15% in price, driven by soaring memory costs, Bloomberg reported.

Broadcom Seeks Up to $80 Billion in Debt for AI Chip Financing Deal

Broadcom is in talks to raise as much as $80 billion in debt to finance a custom chip deal tied to the AI infrastructure boom, reports said Friday.

Samsung Unveils Up to $80 Billion Shareholder Return Plan After Chip Rebound

Samsung Electronics will discuss a shareholder return plan worth up to 110 trillion won (about $80 billion) at a Friday board meeting after an AI-driven ch

Japan Exports Jump 23.2% in July, But Energy Costs Widen Trade Deficit

Japan's July exports jumped 23.2% on strong chip and auto shipments, but record imports and high energy costs extended its trade deficit for a third month.

Marvell Signs Google Chip Deal With $12.2 Billion Stock Option

Marvell shares surge after striking a custom chip deal with Google that includes an option to buy about $12.2 billion in stock, as Broadcom shares fall.

Analog Devices Rallies as Data Center and Industrial Chip Sales Beat Views

Analog Devices shares rallied after quarterly results topped expectations, driven by strong data center and industrial chip sales amid an AI-fueled recover

Cerebras Unveils New Server Chip to Speed AI Chatbots, Chase Post-IPO Comeback

Cerebras has launched a new server chip and system designed to accelerate AI chatbots and agents as it seeks a post-IPO comeback in a crowded market.

Musk’s Memory-Chip Warning Sends Micron Past $1,000 as SanDisk Jumps 8%

Micron shares crossed $1,000 and SanDisk jumped 8% after Elon Musk flagged a memory-chip bottleneck, fueling optimism over AI-driven demand.

SanDisk Stock Slides as Memory-Chip Selloff Tests AI Rally

SanDisk shares fell as a memory-chip selloff tested this year's AI-driven rally, raising questions over stretched valuations and the durability of AI deman

Intel Upsizes Stock Offering to $20 Billion as Demand Locks Out a Third of Investors

Intel expanded its stock offering to $20 billion on strong demand, with a third of investors receiving no shares as it funds AI chip manufacturing.

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