AMD, Intel, and Broadcom surge after a technical signal suggests the semiconductor pullback is nearing an end. Semiconductor stocks rebounded sharply in early trading, led by AMD rising 7% to $555.26 and Intel climbing 5% to $116.14. Broadcom gained 2% to $396, while the i
Steel Partners Makes Competing Bid for InMode InMode Ltd (NASDAQ:INMD) shares gained 4% in pre-market trading on Thursday after Steel Partners Holdings L.P. submitted a proposal to acquire the medical aesthetics company for $16.75 per share in cash. Steel Partners, one of
The Dutch shipbuilder secures a key role in a £2.4 billion joint naval project amid European defense expansion efforts. Damen Shipyards has been chosen to design a new class of amphibious transport vessels under a £2.4 billion ($3.2 billion) UK-Netherlands naval agreement.
Lactalis invests €9m in Czechia desserts factory Lactalis is spending €9m ($10.5m) to upgrade its Czechia plant. The project includes a new production line and energy supply changes. The company aims to improve environmental performance and service quality.
Micron Investment Boosts Confidence in U.S. Chip Manufacturing GlobalFoundries Inc. (NASDAQ:GFS) shares climbed 6% after Micron Technology Inc. (NASDAQ:MU) unveiled plans to invest up to $3 billion to strengthen the U.S. semiconductor supply chain As part of the ini
CEO Points to Strong Multi-Year Demand for Semiconductor Equipment Applied Materials (NASDAQ:AMAT) shares climbed 6% in pre-market trading on Thursday after Chief Executive Gary Dickerson said semiconductor manufacturers are providing equipment demand forecasts that extend...
Micron leads sector gains after announcing a $3 billion investment to strengthen US semiconductor supply chain and secure wafer capacity. Micron Technology shares rose 8% Thursday, driving broader gains in memory and AI-related chip stocks. The rally followed reports of st
Bloom Energy Rejects Allegations Over Financial Reporting Bloom Energy (NYSE:BE) shares gained 6% in Thursday morning trading after the fuel cell manufacturer strongly rejected allegations contained in a recent short-seller report concerning its financial reporting and supply...<
Analysts forecast Nvidia’s Q2 revenue to surge 96% to $91.7 billion, potentially exceeding expectations amid strong GPU demand. Nvidia shares have retreated 17% from record levels, yet analysts anticipate a rebound driven by robust AI infrastructure demand. The company is
Industrial Logistics Properties increases its quarterly dividend by 100% to $0.10 per share, yielding 4.35%. Industrial Logistics Properties (ILPT) announced a quarterly dividend of $0.10 per share, a 100% increase from its prior payout of $0.05. The move reflects a signif
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