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Wednesday, May 20, 2026

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Cerebras holds $95B valuation, fueled by Ark Invest and OpenAI deal Micron Surges 4%, Fueled by Sold-Out AI Memory and Averted Strike Samsung Averts 48,000-Worker Strike, Securing Global AI Chip Supply Bloom Energy jumps 11% on $2.6 billion power deal with Nebius Figma launches AI design assistant, intensifying competition with Adobe Coherent Featured as a Noteworthy AI Infrastructure Investment CoreWeave sees older Nvidia GPUs gain value, defying typical hardware depreciation Microsoft Dismantles Global Malware-Signing Ring, Seizing Hundreds of Virtual Servers ASML warns of prolonged chip shortages, driven by AI demand XPeng Launches GX SUV with Deep Discounts, Targeting High-End Growth Marvell Hits Record High, Wells Fargo Raises Target to $195 Skillz Appoints Robert Alex Walsh as New Chief Financial Officer, Effective July 13 Corning Partners with BOE on Next-Gen Glass, Targeting High-Growth Markets Tesla Expands FSD to Lithuania, Accelerating European Rollout MPWR Sees Increased Institutional Interest Amid Overvaluation Concerns SanDisk shares jump 3%, fueled by Citigroup upgrade and AI demand T1 Energy jumps 25%, after Roth Capital dismisses short-seller report Palantir Secures $3.9 Million USDA Contract to Monitor Federal Employee Office Attendance Synopsys taps Quantinuum for quantum chip simulation, targeting next-gen semiconductors Zeta Global expands OpenAI partnership, unlocking enterprise advertising revenue Trio-Tech International tumbles 10%, amid persistent insider selling Microsoft hires Matthew Ball and AI veteran to lead Xbox strategy Credo Technology partners with Rebellions, securing AI factory uptime Take-Two Shares Slide, Missing Anticipated Grand Theft Auto 6 Pre-Order News AE Industrial Partners Converts All Remaining Preferred Stock into Common Shares Navitas Semiconductor's Path to Operating Breakeven Analyzed Sony Announces June PlayStation Showcase Featuring 'Marvel's Wolverine' Atlassian's Jira platform now generally allows tasks to be assigned to AI agents CloudAlpha Capital Buys $22.7M AXT Stake, Amid Rising Institutional Demand Energy Fuels faces 147% earnings estimate cut, despite bullish analyst ratings Oracle accelerates $50 billion cloud expansion, powered by TikTok AI demand BlackBerry AtHoc Renews Top-Tier U.S. Government Security Certification Reliance Industries Surges 2.6%, Defying Market Slump Through Value Buying Ciena Secures 90 WaveLogic 6 Customers, Fueling AI-Driven Network Growth EU Reaches Deal to Implement US Trade Pact Brookfield, AllianceBernstein, and Carlyle Unveil Private-Markets Solution for Retirement Plans Virtuix deploys Omni One for AI therapy research, amid 86% stock decline