Vanguard Information Technology Index Fund ETF Shares News - May 7, 2026
SoftBank Taps Nvidia and Foxconn for AI Servers, Targeting Sovereign AI
SoftBank Corp is negotiating with Nvidia and Foxconn to launch a domestic artificial intelligence server business. Nikkei reports the plan involves forming a...
Arm Shares Sink 5%, Erasing $12 Billion on AI Chip Supply Shortages
British chip designer Arm Holdings shares fell approximately 5% on Thursday. This decline erased more than $12 billion in market value. The sell-off occurred...
AMD predicts 1:1 CPU-to-GPU ratio, driven by Agentic AI demand
AMD reported record data center sales in its Q1 2026 earnings report. CEO Dr. Lisa Su predicts CPU deployments will reach a 1:1 ratio with GPUs. This shift...
Arm Holdings Tumbles, Supply Shortage Threatens $2 Billion AI Demand
Arm Holdings reported record fiscal fourth-quarter revenue of $1.49 billion, surpassing the $1.47 billion consensus estimate. Adjusted earnings reached $0.60...
SpaceX builds $55 billion Texas Terafab, securing AI chip supply
SpaceX announced plans to construct a massive semiconductor manufacturing facility in Texas named Terafab. The project requires an initial investment of...
Google tests Remy AI agent, shifting from chatbots to autonomous assistants
Google is internally testing a new autonomous AI agent named Remy. This initiative signals a strategic move away from conversational chatbots toward proactive...
NVIDIA invests $500M in Corning, scaling US AI fiber production
NVIDIA and Corning signed a multi-year partnership to scale U.S. manufacturing of advanced optical connectivity solutions for AI data centers. Corning will...