MU rides on surging HBM chip demand and tight supply, boosting pricing power and margins, while Oracle's risks tilt the AI stock race.
Proceeds from the raise will be used to scale the manufacturing of the SN50 chip, touted to deliver 'the best tokens per watt'.
The new proposed power plant in Ohio could produce similar emissions to the James H. Miller Jr. coal-fired plant in Alabama ...
“He was brought up pretending to be Japanese,” says Lionel Barber, former chief editor of the Financial Times and author of ...
The latest bout of AI anxiety adds to geopolitical and tariff concerns, triggering a classic risk‐off move that pushed global bond yields lower and lifted gold, OCBC Group Research strategists said.
OpenAI’s Stargate project remains stalled over disagreements with SoftBank, delaying data centre construction and missing targets. As costs rise and reliance on external cloud providers grows, Elon ...
OpenAI’s massive Stargate infrastructure initiative - a planned $500 billion partnership with Oracle and SoftBank - is ...
Oracle shares were down 4.5% on Monday, after The Information reported that the cloud firm’s Stargate joint venture with OpenAI and SoftBank floundered after its flashy announcement at the White House ...
OpenAI, Oracle, and SoftBank have reportedly spent several months negotiating over who would have ultimate control of the data centers planned for Stargate.
Investors continue to fret whether the company has bitten off more than it can chew with its AI-spending commitments.