Marvell Stock Rallies as AI Demand Lifts 2028 Revenue Target to $20 Billion
Marvell’s MRVL shares rallied as the chipmaker targeted $20 billion in fiscal 2028 revenue and $70–90 billion by fiscal 2031 on growing AI demand.
Big Tech & Innovation - Page 7
Follow the breakthroughs and disruptions driving the technology industry. From artificial intelligence and advanced chips to new digital platforms and corporate strategies, this section covers how leading tech companies innovate and shape the future of business. We highlight major product launches, research advances and market moves to give readers a clear view of where technology and commerce intersect.
Latest Big Tech & Innovation News
SPCX Stock Climbs Above $175 as SpaceX Value Tops $2.3 Trillion
SpaceX’s SPCX shares traded above $175 on October 6, lifting its estimated value beyond $2.3 trillion as investors assess Starlink growth and AI spending.
Meta’s Muse Fuels AMD’s Rally as Personal AI Agents Drive CPU Demand
Meta’s Muse is sharpening investor interest in AMD as personal AI agents create demand for server CPUs alongside the GPUs powering their models.
Moonshot AI Eyes Hong Kong IPO in Early 2027 After $50 Billion Funding Valuation
Moonshot AI is targeting a Hong Kong IPO in early 2027 that could raise up to $5 billion, after reportedly closing private funding at a $50...
DeepSeek Nears $12 Billion Raise With Tencent and CATL Backing
DeepSeek is nearing at least $12 billion in funding backed by Tencent and CATL, after targeting a valuation of roughly $75 billion ahead of a planned...
Elon Musk Becomes a Trillionaire Again as SpaceX Stock Surges
Forbes puts Elon Musk's fortune at $1.024 trillion as SpaceX and Tesla shares rally, restoring the wealth milestone first reached after SpaceX's June IPO.
SpaceX Stock Surges Above $160 as Market Value Tops $2.2 Trillion
SpaceX rises nearly 6% as its estimated valuation reaches $2.22 trillion, with Morgan Stanley maintaining a $300 target ahead of the next Starship test.
Cerebras Shares Rebound 6% as Altman Reaffirms OpenAI Partnership
Cerebras shares rise 6.3% to $177 in premarket trading after Sam Altman reaffirms the OpenAI partnership, following a sharp selloff over Nvidia deployment.
SpaceX to Launch Google AI Chips in Orbital Data Center Experiment
Google’s Project Suncatcher will test AI chips in orbit with Planet Labs and SpaceX, while launch costs and cooling remain central to its business case.
OpenAI Revenue Run Rate Nears $70 Billion as Enterprise Sales Surge
OpenAI’s annualized revenue is nearing $70 billion as enterprise sales accelerate, putting customer demand and the cost of AI expansion in focus.
Cloudflare Plans Free Certificate Authority as an Alternative to Let’s Encrypt
The internet infrastructure company is seeking browser approvals and preparing post-quantum certificates as shorter renewal cycles increase the importance of automation.
Apple Tests Screenless Fitness Band to Challenge Whoop and Oura
Apple is testing a screenless fitness band designed for continuous health monitoring as the iPhone maker explores a new wearable category dominated by Whoop, Oura and...