Key Points The announcement of a partnership with Nvidia has changed the narrative around the stock. Navitas has never made a profit and is unlikely to do so anytime soon, but its growth could be explosive given its role in a new generation of data centers. 10 stocks we like better than Navitas Semiconductor › Shares in Navitas Semiconductor Corporation (NASDAQ: NVTS) soared by 23.2% in September, according to data provided by S&P Global Market Intelligence. The move marks another leg up for a stoc ...

Bloomberg reported on Monday that Huawei plans to produce around 600,000 of its flagship 910C Ascend chips next year, nearly twice the output expected this year. Including other models in the series, total output could reach 1.6 million chips. If Huawei achieves those targets, it would mark a technical breakthrough for a company considered China’s best hope of reducing reliance on foreign chips. The 2025 and 2026 projections include Huawei’s existing inventory of dies, along with internal estimates of produ ...

BOCA RATON, Fla.--(BUSINESS WIRE)-- #Boyd--Join Boyd and NVIDIA as they present "Rack Emulator Design for Multigenerational IT Racks†at the 2025 OCP Global Summit on Wednesday October 15th. ...

The U.S. stock market is experiencing an extraordinary period, with major indices extending their impressive rally and shattering previous records on Thursday, October 2, 2025. This remarkable surge is primarily fueled by an insatiable appetite for artificial intelligence (AI) innovation and growing expectations of further interest rate cuts by the Federal Reserve. This bullish sentiment has largely overshadowed concerns arising from an ongoing U.S. government shutdown, painting a picture of a resilient mar ...

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It’s a quiet Thursday in today’s pre-market, with a federal government shutdown keeping us from Weekly Jobless Claims data from the U.S. Department of Labor and Factory Orders from the Census Bureau. With no signs of ending this week, this shutdown will also likely keep nonfarm payrolls from the Bureau of Labor Statistics (BLS) from seeing the light of day tomorrow.Thoughts on Labor Market/Jobless ClaimsInitial Jobless Claims had been coming down drastically, following a multi-year high from Labor Day week ...

To gain an edge, this is what you need to know today.Stargate Memory DealPlease click here for an enlarged chart of Micron Technology Inc (NASDAQ:MU).Note the following:This article is about the big picture, not an individual stock.  The chart of MU stock is being used to illustrate the point.The chart shows that MU stock initially fell in the premarket because its South Korean competitors announced a big deal with OpenAI, maker of ChatGPT.  Micron was not included.The chart shows a huge up move in MU stock ...

Nvidia (NVDA) printed an all-time high of $191.05 on Thursday as investors continued to cheer its $100 billion partnership with OpenAI, cementing its leadership in artificial intelligence (AI) hardware. Shares of the chipmaker have pushed higher in recent weeks also because the Federal Reserve lowered interest rates by 25 basis points on Sept. 17, triggering a broader rally in the high-flying tech stock. More News from Barchart Including today’s gains, Nvidia stock is up roughly 120% versus its year-to- ...

, all posted gains. Investors are watching closely as technology stocks, healthcare, and economic data shape market direction. Markets are responding to a mix of political events, corporate performance, and investor sentiment. Even though the federal government is partially shut down, markets remain surprisingly resilient. Trading today saw early volatility as investors digested news of the ongoing government funding gap. However, buying momentum picked up in the afternoon, particularly in sectors seen as ...

Most emerging-market currencies weakened as the dollar snapped a four-day losing streak and traders grappled with the lack of economic indicators during the US government shutdown. Stocks rose. An MSCI Inc. gauge for developing-nation currencies ended the session less than 0.1% lower Thursday. High-yielding names like Mexico’s peso, South Africa’s rand and Brazil’s real were among the worst performers in a basket of 23 exchange rates tracked by Bloomberg. Most Read from Bloomberg Traders got some snapsh ...