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The Latest Breaking News from Nasdaq

AMD's $100 Billion OpenAI Deal Could Supercharge AI Chip Growth, Analyst Says, Projecting Massive Earnings Boost By 2030

Advanced Micro Devices’ (NASDAQ:AMD) multi-year partnership with OpenAI could generate over $100 billion in revenue over the next four to six years, as the chipmaker prepares to supply up to six gigawatts of computing capacity using its next-generation Instinct MI450X GPUs starting in late 2026.

Benzinga

Jim Cramer Bullish On 'GTA 6' Maker: Only 'Pure Play' Gaming Company Left After EA Deal

Fans of one of the most well-known video game franchises of all time may be happy to learn that CNBC host Jim Cramer is bullish on the publicly traded company behind it.

Benzinga

Stocks Turn Lower as Chipmakers Retreat

The S&P 500 Index ($SPX ) (SPY ) today is down -0.28%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.16%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.40%. December E-mini S&P futures (ESZ25 ) are down -0.34%, and December E-mini Nasdaq futures...

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What's Going On With Plug Power Stock Today?

Plug Power‘s (NASDAQ:PLUG) stock price fell after the hydrogen technology company unveiled a staged leadership transition, elevating Jose Luis Crespo to president this week and, later, to chief executive officer.

Benzinga

Soluna Unlocks Massive Growth With Strategic Settlements And Funding

Soluna Holdings Inc. (NASDAQ:SLNH) shares jumped on Tuesday after the company announced progress on multiple projects, including the near completion of its 48-megawatt Project Dorothy 2 data center in Texas and the groundbreaking of its 166-megawatt Project Kati facility.

Benzinga

Applied Materials Unveils Next-Gen Chipmaking Systems, Aims To Boost AI Logic And Memory Performance

Applied Materials (NASDAQ:AMAT) unveiled a suite of advanced semiconductor manufacturing systems to enhance the performance and efficiency of logic and memory chips that power artificial intelligence computing.

Benzinga

Stocks Supported by the AI Spending Boom

The S&P 500 Index ($SPX ) (SPY ) today is up +0.16%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.24%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.25%. December E-mini S&P futures (ESZ25 ) are up +0.13%, and December E-mini Nasdaq futures...

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AMD's OpenAI Deal Could Spark A New AI Arms Race With Nvidia

Advanced Micro Devices Inc.’s (NASDAQ:AMD) multi-year deal with OpenAI could unlock $135 billion in revenue and mount a serious challenge to Nvidia Corp.’s (NASDAQ:NVDA) long-standing dominance, according to Goldman Sachs.

Benzinga

Zeta Network Leverages SOLV Platform To Boost Bitcoin Treasury And Staking

Zeta Network Group (NASDAQ:ZNB) said Tuesday it has entered into a strategic partnership with SOLV Foundation, a multi-chain Bitcoin liquid staking and structured finance platform with $2.5 billion in total value locked, to strengthen its position as a Bitcoin-focused digital asset finance company.

Benzinga

Qualcomm To Acquire Arduino: Deal To Boost AI Tools, Help 'Enable Millions Of Developers'

Technology giant Qualcomm Inc (NASDAQ:QCOM) announced it will acquire open-source hardware and software company Arduino, a deal that is expected to boost the company's edge computing and AI.

Benzinga

Earnings Preview: What to Expect From Nasdaq’s Report

Nasdaq is expected to post its third-quarter results later this month, and analysts anticipate a low-double-digit earnings growth.

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OpenAI's AMD, Nvidia Deals Are Huge, But Execution Is Key, Says Brad Gerstner

Investor Brad Gerstner warned on Monday that OpenAI’s recent deals with Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) remain announcements rather than actual deployments. Therefore, he urged caution.

Benzinga

Broadcom's Big AI Move In Japan Could Slash Data Center Power Use By Half

Broadcom (NASDAQ:AVGO) is expanding its footprint in Japan's artificial intelligence chip ecosystem through a new partnership with NTT to develop optical semiconductor devices designed to cut data center power use by up to 50%.

Benzinga

Paramount Buys The Free Press, Names Co-Founder Bari Weiss As CBS News' Editor-In-Chief

Media company Paramount Skydance (NASDAQ:PSKY) has named Bari Weiss as the editor-in-chief of CBS News as part of a deal to acquire the online news site she founded, The Free Press.

Benzinga

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Lucid Group Reports Record Production, Delivery Figures: CEO Marc Winterhoff Hails Milestone

Lucid Group Inc. (NASDAQ:LCID) released the third-quarter production and delivery figures, hitting new records as the Tesla Inc. (NASDAQ:TSLA) rival ramps up its production efforts.

Benzinga

Anthony Scaramucci Congratulates Galaxy Digital On Launching Robinhood-Like Trading App: GLXY Shares Pop Pre-Market

Anthony Scaramucci, founder of SkyBridge Capital, congratulated Galaxy Digital Inc. (NASDAQ:GLX) CEO Mike Novogratz on Monday after the cryptocurrency-focused company launched a new platform targeting retail investors.

Benzinga

Former Apple Design Chief Has 20 Ideas For OpenAI Devices, Says It Should 'Make Us Happy'

Jony Ive, credited with designing Apple Inc.’s (NASDAQ:AAPL) candy-colored iMacs and iPhones, said he has 15 to 20 ideas for OpenAI’s family of devices, as the Silicon Valley race to build AI consumer hardware intensifies.

Benzinga

Ross Gerber Decries Affordable Tesla Model Y Talks Amid October 7 Speculation: 'It's Really Sad'

Gerber Kawasaki's co-founder Ross Gerber has dismissed the launch of an affordable Tesla Inc. (NASDAQ:TSLA) Model Y trim level as speculation takes over ahead of the October 7 event.

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Analysts React To OpenAI's 'Wild' $100 Billion Deal With AMD: 'We're In The Second Inning of A Nine-Inning Game,' Says Dan Ives

Leading analysts are hailing Advanced Micro Devices Inc.'s (NASDAQ:AMD) new partnership with OpenAI as a breakthrough moment for the chipmaker, one that could propel it to the center of the AI arms race.

Benzinga

Tim Sweeney Declares End Of 'Scare Screens' As Google's Supreme Court Bid Over Android App Store Fails

On Monday, the U.S. Supreme Court refused to block a lower court order requiring Alphabet Inc.'s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google to overhaul its Play Store, marking a major win for "Fortnite" maker Epic Games.

Benzinga

Gary Black Thinks Tesla's Brand Leverage Is 'Undeveloped,' Says Cheaper Model Needs To Have Marketing Benefit

Future Fund LLC's managing director, Gary Black, says that Tesla Inc.'s (NASDAQ:TSLA) brand leverage is underdeveloped amid affordable Model Y speculation.

Benzinga

Rivian CEO RJ Scaringe Says Chinese Competitors Benefit From Lower Costs Amid Trump Tariffs, Defends Apple CarPlay Omission

Rivian Automotive Inc. (NASDAQ:RIVN) CEO and founder RJ Scaringe has defended his company's decision to omit Apple Inc.'s (NASDAQ:AAPL) phone projection software CarPlay from Rivian's vehicles. He also highlighted Chinese competition and a volatile tariff environment.

Benzinga

What's going On With AppLovin Shares After Hours?

AppLovin Corp (NASDAQ:APP) shares are trending on Tuesday.

Benzinga

Tesla Showcases Optimus Bot At Disney's 'Tron: ARES' Premiere As Jared Leto Tries To 'Fight' A Robot

Tesla Inc. (NASDAQ:TSLA) has unveiled custom Optimus humanoid robots at The Walt Disney Co.'s (NYSE:DIS) premiere of the new movie "Tron: ARES" starring actor and singer Jared Leto.

Benzinga

Apple's Siri Under Criminal Investigation In France After Human Rights Group Alleges Privacy Violations

On Monday, French prosecutors opened a criminal investigation into Apple Inc.'s (NASDAQ:AAPL) Siri after receiving a complaint.

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