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Super Micro Unveils $7B Equity Plan for AI Demand Push

June 10, 2026 9:52 am
Key Moments Super Micro Computer Inc (NASDAQ:SMCI) shares fell about 9% in premarket trading after announcing a $7.0 billion capital raise. The company is pursuing a $5.0 billion underwritten public offering, including $1.25 billion in common stock and $3.75 billion in mandatory convertible preferred stock. An additional $2.0 billion at-the-market equity program is expected to […] Read more

Roblox Shares Rise as Russia Weighs Easing Platform Curbs

June 9, 2026 2:20 pm
Key Moments Roblox (NYSE:RBLX) gained 5% on Tuesday after reports that Russian authorities may remove restrictions on the platform. Russia’s Digital Ministry and Roskomnadzor have asked law enforcement agencies to back a move to lift Roblox restrictions, according to Interfax. Roblox has provided assurances that it will adhere to Russian legislation, prompting a potential policy […] Read more

Microchip Advances Network Timing With TimePictra 12

June 9, 2026 2:10 pm
Key Moments Microchip Technology (NASDAQ:MCHP) shares rose 1.7% in premarket trading after the launch of the TimePictra 12 timing management platform. TimePictra 12 more than doubles element capacity to 5,000 and adds an overhauled graphical interface and enhanced automation features. The platform centralizes monitoring and management of advanced timing architectures across 5G, utilities, transportation, power […] Read more

Micron Rallies on AI Memory Optimism, Analyst Upgrades

June 9, 2026 1:57 pm
Key Moments Micron Technology shares rise 4.4% in pre-market trading, extending a rebound across AI-focused chip stocks. Multiple Wall Street firms significantly increase price targets on Micron, citing tightening memory supply and robust demand through 2028. Gains come ahead of Micron’s June 24 fiscal Q3 earnings release, for which the company has guided to $33.5 […] Read more

AlzeCure Pharma Soars on Major Eli Lilly Alzheimer Deal

June 9, 2026 9:21 am
Key Moments AlzeCure Pharma (ST:ALZCUR) shares jumped 301.4% on Tuesday after announcing a collaboration and out-licensing agreement with Eli Lilly and Company (NYSE:LLY). The Swedish biotech is set to receive a $10 million upfront payment, with total deal value excluding royalties potentially surpassing $1 billion. Lilly will obtain global rights to Alzstatin ACD680, a gamma-secretase […] Read more

Google Taps Intel for Massive AI Chip Order in 2028

June 8, 2026 2:07 pm
Key Moments Google has reportedly lined up an order exceeding three million tensor processing units from Intel for 2028 production. Nvidia is assessing Intel’s ability to manufacture a processor that links four graphics chips into a single package but has not placed an order. Intel shares climbed more than 13% in premarket trading after reports […] Read more

Corning Soars on Major Amazon Data Center Fiber Deal

June 8, 2026 1:00 pm
Key Moments Corning (NYSE:GLW) rose 10% after announcing a multiyear, multibillion-dollar supply agreement with Amazon (NASDAQ:AMZN). The arrangement is set to create 1,000 new manufacturing jobs at Corning’s North Carolina facilities and support additional construction roles. Amazon’s deal with Corning is aligned with more than $20 billion it has already invested in North Carolina since […] Read more

Micron Rebounds as AI Memory Optimism Eases Rate Fears

June 8, 2026 12:43 pm
Key Moments Micron Technology shares climbed 6.9% in pre-market trading after sliding more than 13% in the prior session. A new multi-year AI memory partnership between Nvidia and SK Hynix is boosting sentiment toward the broader memory segment. Micron’s HBM output through fiscal 2026 is fully allocated under long-term contracts, with the company targeting record […] Read more

Nvidia Deepens South Korea Ties With AI Chip Deals Push

June 8, 2026 9:11 am
Key Moments Nvidia secured multi-year partnerships in South Korea with SK Hynix, SK Telecom, Naver, Doosan Group, and LG Group. These deals support its expanding AI roadmap. In addition, SK Telecom plans to build a gigawatt-scale AI cloud in South Korea using Nvidia technology. It aims to launch its first AI data center in 2027. […] Read more

European Chipmakers Slide Again as Broadcom Fears Persist

June 8, 2026 8:48 am
Key Moments European semiconductor names, including ASML and ASM International, dropped between 1% and 3% in a third consecutive session of declines. Broadcom’s announcement that demand for its custom AI chips missed high expectations and that its fiscal 2027 AI revenue goal remains at $100 billion continued to pressure the sector. The PHLX semiconductor index […] Read more