
AI Stocks Lead Nasdaq Higher as Dow Falters
A surge in AI stocks led by Nvidia and Amazon pushed the Nasdaq higher, while the Dow Jones fell amid mixed economic signals and corporate deal news.
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A surge in AI stocks led by Nvidia and Amazon pushed the Nasdaq higher, while the Dow Jones fell amid mixed economic signals and corporate deal news.

OpenAI and Amazon Web Services have announced a multi-year, $38 billion partnership, providing the AI company with massive cloud computing resources to power its models.

Cisco Systems unveils Unified Edge, an all-in-one server rack designed for deploying AI in retail, healthcare, and factories. It combines chips, storage, networking, and security, simplifying AI infer

The U.S. government has licensed Microsoft to export advanced Nvidia AI chips to the UAE, unlocking a planned $7.9 billion investment in the region's tech infrastructure.

Microsoft has finalized a $9.7 billion, five-year agreement to purchase AI cloud capacity from IREN Ltd., aiming to bolster its Azure services amid high demand.

Nvidia's market value surged by nearly $400 billion in one week after CEO Jensen Huang unveiled a series of major AI partnerships across multiple industries.

Nvidia CEO Jensen Huang expressed uncertainty about resuming advanced AI chip sales to China following a summit between President Trump and Xi Jinping.

Nvidia will supply over 260,000 advanced AI chips to the South Korean government, Samsung, and LG, bolstering the nation's goal of achieving sovereign AI.

OpenAI is using a series of complex, circular financial deals to fund its massive AI infrastructure, receiving billions from partners and then paying it back for services.

Tech giants like Meta, Microsoft, and Google are fueling a massive AI spending boom, creating a self-sustaining economic cycle that benefits both chipmakers and traditional industries.

Semiconductor giant Nvidia is reportedly considering an investment of up to $1 billion in Poolside, an AI startup focused on software development tools.

Nvidia Corp. plans to invest up to $1 billion in AI startup Poolside, potentially quadrupling its valuation to $12 billion, marking a significant move in the AI sector.