Vanguard Information Technology Index Fund ETF Shares News - May 12, 2026
CoreWeave reports $99.4 billion backlog, despite $740 million quarterly loss
CoreWeave disclosed a $99.4 billion contracted revenue backlog as of March 31, 2026. The company reported Q1 2026 revenue of $2.078 billion. This revenue...
Samsung Faces May 21 Strike, Risking $20 Billion in Memory Chips
Samsung Electronics and its largest labor union ended government-mediated talks without an agreement on May 12, 2026. The union rejected a compromise from the...
Samsung Faces Strike Over AI Profits, Risking 4% of Global DRAM
Samsung Electronics and its largest labor union remain deadlocked after government-mediated negotiations failed on Tuesday. The union is demanding a larger...
TSMC Commits $20 Billion to Arizona, Accelerating US Chip Manufacturing
TSMC Arizona Corporation authorized a capital increase of up to $20 billion. The board adopted the resolution on May 12, 2026. This equity funding commitment...
🔴 VGT is trading 1.5% down today on hot CPI data and Samsung strike risks
VGT is trading 1.5% down today as hotter-than-expected April CPI data at 3.8% YoY dampens hopes for Federal Reserve rate cuts. • The tech-heavy Nasdaq is...
Samsung Braces for May 21 Strike, Risking $20 Billion AI Chip Output
Samsung Electronics and its labor union reached a standstill on May 12. A walkout is now scheduled for May 21. Experts warn the strike could cost Samsung as...
Samsung Races to Avert Strike, Risking $28B in AI Chip Profits
Samsung Electronics and its largest labor union conclude government-brokered talks on May 12. This final negotiation aims to prevent a major strike scheduled...
Cerebras targets $4.8B IPO, fueled by 20-fold investor demand
AI chip startup Cerebras increased its initial public offering size to $4.8 billion. This valuation would make it the largest global IPO of the year. The...
Amazon launches AI Prime Video ads, using shopping data to combat fatigue
Amazon Ads is introducing AI-powered personalization for interactive video ads on Prime Video and connected TV properties. The technology uses viewer shopping...