Snowflake stock jumps 20% premarket as AI drives 35% revenue growth
Snowflake shares jumped as much as 20% in premarket trading after the company reported a blowout second quarter, with AI…
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Nvidia agrees to buy Hugging Face for $12.9 billion
Nvidia has agreed to buy open-source AI platform Hugging Face for $12.9 billion, its second-largest acquisition on record. The deal…
Broadcom CEO says Anthropic set to become its largest AI chip customer, Macquarie upgrades stock
Broadcom CEO Hock Tan says Anthropic is on track to become the company's largest customer for custom AI chips in…
Nvidia’s market cap hits $5.3 trillion, tops five S&P 500 sectors
Nvidia's market capitalization has climbed to $5.3 trillion, a level that now exceeds five of the S&P 500's eleven sectors…
Broadcom’s AI chip revenue jumps 221% as custom silicon challenges Nvidia
Broadcom's AI semiconductor revenue reached $16.7 billion in its fiscal third quarter of 2026, a 221% jump from a year…
