The Latest Breaking News from Nasdaq

Micron Technology Inc (NASDAQ:MU) stock is trending on Wednesday on the heels of the company’s quarterly results. Multiple analysts also lifted price targets following the print. Here’s what you need to know.

Meta Platforms (NASDAQ:META) is broadening access to its Llama AI models for key U.S. allies, aiming to enhance national security, operational efficiency, and mission-specific capabilities.

Applied Materials (NASDAQ:AMAT) announced on Tuesday that it will partner with GlobalFoundries (NASDAQ:GFS) to build a state-of-the-art waveguide fabrication facility at GlobalFoundries’ Singapore site, to accelerate the photonics revolution driven by artificial intelligence.

Alibaba Group (NYSE:BABA) is deepening its artificial intelligence ambitions by integrating Nvidia’s (NASDAQ:NVDA) suite of “physical AI” development tools into its cloud platform, a move that strengthens ties between two of the most influential players in global AI. Alibaba shares rose on Wednesday following the announcement.

Editor’s Note: The future prices of benchmark tracking ETFs were updated in the story.

OpenAI, Oracle Corp (NYSE:ORCL) and SoftBank Group (OTC:SFTBF) (OTC:SFTBY) on Tuesday announced plans to build five new U.S. data centers as part of the $500 billion Stargate project, a massive private-sector effort to power the next wave of artificial intelligence.

Twin Vee PowerCats (NASDAQ:VEEE) shares rose 33.33% to $3.32 in pre-market trading on Wednesday, adding to a 4.18% gain in the regular session.

Semiconductor giant Micron Technology Inc. (NASDAQ:MU) is well-positioned for the AI infrastructure boom, as CEO Sanjay Mehrotra says the ongoing wave of investment stands to significantly benefit the memory market.

Three semiconductor stocks are capturing attention with powerful momentum gains just as the broader tech sector surges.