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Today: August 13, 2026
Today: August 13, 2026

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Cerebras slumps as mixed quarterly results test AI growth narrative

Cerebras Systems slumped over 9% in early trading Thursday after it missed key estimates despite soaring cloud revenue, raising doubts about the ability of its AI chips to challenge

Cerebras slumps as mixed quarterly results test AI growth narrative
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AI boom or bubble? Timing is everything

AI boom or bubble? Timing is everything

AI boom or bubble? Timing is everything
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Cerebras shares plummet 16% after results fail to impress investors

By Anhata Rooprai and Max A.

Cerebras shares plummet 16% after results fail to impress investors
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Hedge funds upped short AI bets in July, Hazeltree says

Hedge funds upped short bets on AI-related stocks in July, according to a Wednesday report from data platform Hazeltree, part of a broad shift in the month that saw

Hedge funds upped short AI bets in July, Hazeltree says
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CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge

CoreWeave lifted its annual capital spending forecast on Tuesday after beating second-quarter estimates, betting on a surge in demand for its AI cloud

CoreWeave boosts 2026 spending plan, beats quarterly estimates on AI demand surge
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IBM, Together AI ink $240 million deal for Nvidia-powered AI inference cluster

IBM and startup Together AI have signed a $240 million multi-year agreement to build a large-scale artificial intelligence cluster on IBM Cloud using Nvidia

IBM, Together AI ink $240 million deal for Nvidia-powered AI inference cluster
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Microsoft set for record one-day market cap gain after upbeat Azure forecast

Microsoft's shares soared more than 16% on Thursday, putting the company on track for a record one-day gain in market value after it said it expects to keep generating cash through

Microsoft set for record one-day market cap gain after upbeat Azure forecast
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What are credit default swaps and why are they spooking AI investors?

Shares in companies driving the AI boom have been under pressure for weeks.

What are credit default swaps and why are they spooking AI investors?
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Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents

By Max A.

Nvidia partner ChipAgents raises $60 million to accelerate chip design with AI agents
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Apple set for strongest June-quarter sales growth in 5 years

Apple's decision to hold iPhone prices steady is set to power its strongest June-quarter sales growth in five years, but investors will want to know how long it can

Apple set for strongest June-quarter sales growth in 5 years
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Apple briefly tops $5 trillion market value for first time

Apple's market capitalization briefly surpassed $5 trillion for the first time on Tuesday, making it only the second company ever to achieve that milestone after Nvidia. 

Apple briefly tops $5 trillion market value for first time
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Chip rout snowballs

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets The chip stock correction snowballed again overnight amid growing

Chip rout snowballs
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Cadence raises annual forecasts as demand booms for AI chip design

Cadence Design Systems raised its annual revenue and profit forecasts on Monday, banking on robust demand for its AI-powered chip and system design software.

Cadence raises annual forecasts as demand booms for AI chip design
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Nvidia to invest $5 billion in Ilya Sutskever's AI startup, source says

By Deepa Seetharaman SAN FRANCISCO, July 27 - Nvidia will make a $5 billion equity investment in Safe Superintelligence as part of a strategic partnership between the chipmaker and the startup co-

Nvidia to invest $5 billion in Ilya Sutskever's AI startup, source says
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China chip champ

What matters in U.S. and global markets today By Mike Dolan, Editor-at-Large, Finance and Markets A pause in the Iran conflict and a sizeable retreat in crude oil

China chip champ
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Nvidia forms industry alliance for open AI security after Hugging Face hack

Nvidia said on Monday it had formed a coalition with other companies to develop and share tools for AI safety and cybersecurity, days after the Hugging Face incident drew attention

Nvidia forms industry alliance for open AI security after Hugging Face hack
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Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports

Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI as part of a massive data center project, the Wall Street Journal reported on Sunday. 

Nvidia in talks with OpenAI to guarantee $250 billion financing for data center, WSJ reports
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Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers

By Max A.

Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers
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Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership

Nvidia and South Korea's SK Group on Friday unveiled a more than $500 billion AI initiative spanning large-scale AI data centers and next-generation memory, Nvidia

Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership
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Nvidia, Microsoft and other tech giants back open-source AI models 

Nvidia, Microsoft and other tech heavyweights made a public case to lawmakers on Friday in favor of open-source AI models, wading into a debate

Nvidia, Microsoft and other tech giants back open-source AI models 
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Nvidia, Amkor strike $1.5 billion chip packaging deal

Amkor Technology said on Thursday it had entered a multi-year agreement with Nvidia worth $1.5 billion to expand advanced semiconductor packaging and test capacity in the U.S., as

Nvidia, Amkor strike $1.5 billion chip packaging deal
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Intel forecast crushes estimates as AI boom boosts chip demand; shares jump

Intel forecast quarterly profit and revenue above estimates on Thursday, pushing its shares up 5.2% in after-hours trade and helping prompt the

Intel forecast crushes estimates as AI boom boosts chip demand; shares jump
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South Korea's Lee to visit South America and Germany, attend AI summit in US

South Korean President Lee Jae Myung will visit San Francisco, Brazil, Chile, Argentina and Germany from July 24 to August 3, the

South Korea's Lee to visit South America and Germany, attend AI summit in US
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Nvidia supplier Wistron launches $700 million Texas factory for AI system production

Taiwan's Wistron, a supplier to Nvidia, launched a $700 million manufacturing facility in Texas on Tuesday to produce the U.S. chipmaker's latest AI systems,

Nvidia supplier Wistron launches $700 million Texas factory for AI system production