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Marvell shares surge on Nvidia CEO’s 'trillion-dollar company' endorsement

Shares of Marvell Technology (NASDAQ:MRVL) surged more than 24 percent in premarket trading on Tuesday following public praise from Nvidia's Chief Executive Officer Jensen Huang, who labeled the chipmaker as the next potential member of the trillion-dollar market valuation club.

Leia mais: Marvell shares surge on Nvidia CEO’s 'trillion-dollar company' endorsement
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STMicroelectronics raises data center revenue outlook to $1B on AI surge

STMicroelectronics (NYSE:STM) has upwardly revised its revenue targets for its data center business, citing a sharp acceleration in demand for artificial intelligence infrastructure and successful capacity expansions across its manufacturing network.

Leia mais: STMicroelectronics raises data center revenue outlook to $1B on AI surge
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Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue

Hewlett Packard Enterprise (NYSE:HPE) announced Monday its financial results for the fiscal second quarter ended April 30, 2026, delivering record-breaking top-line growth that significantly exceeded both Wall Street expectations and the company's internal projections.

Leia mais: Hewlett Packard Enterprise beats outlook with record $10.7B Q2 revenue
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Credo Technology Q4 revenue rises 157% on scaling demand

Credo Technology Group Holding (NASDAQ:CRDO) reported its financial and operating results for the fourth quarter and full fiscal year 2026 ended May 2, 2026, delivering triple-digit top-line expansion fueled by accelerated global demand for high-speed, energy-efficient data connectivity infrastructure.

Leia mais: Credo Technology Q4 revenue rises 157% on scaling demand
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Anthropic confidentially files for IPO following trillion-dollar valuation milestone

Artificial intelligence researcher and developer Anthropic announced Monday that it has taken its first official step toward public capital markets, submitting confidential draft paperwork to the U.S. Securities and Exchange Commission (SEC) for an initial public offering (IPO).

Leia mais: Anthropic confidentially files for IPO following trillion-dollar valuation milestone
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Nvidia’s new AI PC chip boosts Microsoft, Dell, and HP stocks

Software giant Microsoft (NASDAQ:MSFT) and computer hardware manufacturers Dell Technologies (NYSE:DELL) and HP (NYSE:HPE) saw their shares rise in premarket trading on Monday morning following a major market expansion announcement from artificial intelligence chip heavyweight Nvidia (NASDAQ:NVDA).

Leia mais: Nvidia’s new AI PC chip boosts Microsoft, Dell, and HP stocks
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SOLAI agrees to buy control of Singapore AI developer in shift from crypto mining

SOLAI (NYSE:SLAI) has reached an agreement to acquire a controlling interest in a Singaporean artificial intelligence developer, accelerating its corporate pivot away from cryptocurrency mining operations toward an AI-first infrastructure platform.

Leia mais: SOLAI agrees to buy control of Singapore AI developer in shift from crypto mining