AI Chips

Driven by AI demand, global memory chip makers SK Hynix and Micron both surpass $1 trillion market cap, marking a new milestone in AI infrastructure investment.

SpaceX has announced plans to invest $55 billion in AI chip manufacturing, marking Elon Musk’s major push into AI hardware.

AMD posts record Q1 2026 revenue as AI accelerator demand surges, continuing to challenge Nvidia’s dominance in the data center AI chip market.

AI chip manufacturer Cerebras Systems has filed for an IPO seeking to raise up to $3.5 billion at a valuation of $26.6 billion, emerging as one of Nvidia’s most formidable competitors in the AI chip space.

Nvidia stock tumbles as investors worry about intensifying competition from Google and Amazon’s in-house AI chip development, challenging the $4.9 trillion chip giant’s dominance.

The Nasdaq Composite index breaks through 25,000 for the first time, with the S&P 500 and Dow Jones also surging, driven by AI chips and tech sector strength.

Samsung Electronics reports record quarterly earnings with operating profit jumping 750% year-on-year to 57.2 trillion won, driven by surging demand for high-bandwidth memory chips from AI data centers.

Following WSJ’s report that OpenAI missed key revenue and user growth targets, stocks of AI infrastructure companies Oracle, AMD, and CoreWeave fell sharply.

Reports indicate Qualcomm is partnering with OpenAI to develop AI processor chips designed specifically for smartphones, sending the chipmaker’s shares soaring over 13% in pre-market trading.

Nvidia shares hit a record close, pushing the company’s market capitalization above $5 trillion once again, driven by relentless demand for AI chips.