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Samsung’s operating profit jumped 19-fold in the second quarter as surging AI chip demand fueled one of the strongest earnings recoveries in the company’s history.
Michael Burry has expanded his bearish AI bets, arguing that semiconductor valuations and AI expectations resemble the dot-com bubble.
NVIDIA co-founder Curtis Priem sold his entire stake for about $50 million by 2006—a holding that would be worth roughly $600 billion today.
Semiconductor stocks rallied after Micron’s earnings beat, lifting memory chip makers and AI-related companies across the sector.
IBM unveiled the world’s first 0.7nm chip featuring nearly 100 billion transistors, sending its shares higher in premarket trading.
South Korea’s KOSPI index plunged nearly 10%, erasing more than ₩800 trillion in market value and triggering trading halts.
Elon Musk said his upcoming AI chip could outperform Nvidia’s products while costing a fraction of the price.
Nvidia’s annual spending in Taiwan exceeded $100 billion as AI demand drives semiconductor investment.
SoftBank’s former Nvidia stake would be worth about $253 billion today after the chipmaker’s AI-driven surge.
Samsung will pay $26.6 billion in bonuses to semiconductor employees as AI-driven chip demand fuels record profits.
Taiwan’s stock market surpassed a $5 trillion valuation as TSMC and AI-driven chip stocks rallied to record highs.
Anthropic signed a nearly $45 billion agreement with SpaceX for AI computing infrastructure supporting Claude models.
Nvidia reported $81.6 billion in first-quarter 2026 revenue as AI infrastructure demand remained exceptionally strong.
Nvidia added more than $900 billion in market value in seven days as AI-driven investor demand accelerated.
Cerebras shares dropped 10% after the company completed the biggest U.S. tech IPO since Uber.