KKR launches $10 billion AI infrastructure company with Nvidia, VistraThe Kuwait Investment Authority, AI chip giant Nvidia and utility firm Vistra are anchor investors in the company, called Helix Digital I...
11 Jun, 2026, 06.03 PM IST
GlobalFoundries partners with Fermionic to produce first ever chip for an Indian firmFermionic's RF chips will be the first Indian semiconductors to be manufactured by GlobalFoundries, which has been producing chips for glob...
11 Jun, 2026, 01.17 PM IST
Asian stocks fall, oil gains as US strikes IranUS forces launched fresh strikes on Iran, escalating geopolitical risks and sending oil prices up over 2%. This development, coupled with a...
11 Jun, 2026, 06.15 AM IST
Why did the Nasdaq 100 crash more than 550 points today? US stock market Dow Jones, S&P 500 and Nasdaq plunge into deep red as AI's biggest winners become the market's biggest losersUS stock market crash today: The Nasdaq just delivered a sharp reality check to Wall Street. On June 9, 2026, the tech-heavy Nasdaq Composi...
09 Jun, 2026, 11.12 PM IST
Apollo, Blackstone back Anthropic's $35 billion capacity expansion in new Broadcom tie-upApollo and Blackstone are investing $35 billion to boost Anthropic's AI computing power. This expansion will utilize Broadcom's custom chip...
09 Jun, 2026, 09.25 PM IST
Apollo wraps up $35 billion debt to buy AI chips for AnthropicThe package, one of the biggest private credit transactions in history, highlights the race by top-tier financiers to fund data center cons...
06 Jun, 2026, 09.18 AM IST
Marvell to join S&P 500 after AI boom helps chipmaker pass profitability testThe company will replace swimming pool equipment distributor PoolCorp on the benchmark index before the start of trading on June 22. Marvel...
06 Jun, 2026, 08.42 AM IST
AI fever spreads, but are markets masking economic cracks?Investors are pouring money into Artificial Intelligence, even as economic worries grow. SpaceX's massive IPO signals strong AI interest. C...
05 Jun, 2026, 07.53 PM IST
US Stocks: Broadcom set to shed $300 billion in value as AI results fail to impress; shares fall 14%The losses, if sustained, will erase more than $315 billion from the company's market value of about $2.268 trillion, in one of the biggest...
04 Jun, 2026, 07.35 PM IST
Broadcom set to shed $300 billion in value as AI results fail to impressBroadcom shares dropped significantly after its AI chip business results missed high expectations. This decline affected other chip compani...
04 Jun, 2026, 06.21 PM IST
US stocks today: US stocks end modestly higher as AI zeal overcomes Middle East jittersUS stocks ended mixed as AI-driven optimism supported markets but was offset by rising geopolitical tensions and oil prices. Small-cap and ...
03 Jun, 2026, 01.33 AM IST
Intel bets big on AI infrastructure with new Xeon chipsIntel has unveiled new data center products. This includes the next-generation Xeon 6+ processors and advanced AI accelerators. These innov...
01 Jun, 2026, 12.11 PM IST
US Stock Market: Jobs data, AI earnings to test Wall Street rally amid inflation risks loomInvestors are closely watching the U.S. jobs report and Broadcom's earnings this week amid concerns that persistent inflation and potential...
01 Jun, 2026, 10.15 AM IST
Wall Street Week Ahead: Jobs report on tap for soaring US stocks as rate path, bond yields eyed as risksIndian markets are watching US economic indicators next week. Investors are concerned about rising inflation and potential interest rate hi...
30 May, 2026, 09.24 AM IST
Apollo, Blackstone work on $36 billion debt deal for Anthropic: ReportThe debt would be used to buy custom chips from Google. Anthropic would then lease these chips, known as tensor processing units, or TPUs,...
29 May, 2026, 08.16 AM IST
AI rally: SK Hynix, Micron Technology join trillion-dollar club; Taiwan bourse overtakes India in market valueThe AI boom is fueling a surge in chipmakers like SK Hynix, Samsung, and Micron, pushing them into the $1 trillion market-cap club. This gl...
28 May, 2026, 11.39 AM IST
Nobel-winning AI giant Demis Hassabis was early Anthropic investor: FTDemis Hassabis, founder of Google's DeepMind, was an early investor in AI firm Anthropic. This revelation highlights his significant role i...
19 May, 2026, 03.08 PM IST