AI boom
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cryptoBitcoin Maxis Unfazed by $200B Crash, Blame AI Boom for Capital Exodus
Bitcoin purists dismiss the recent crash as a temporary liquidity crunch caused by AI's capital draw, not a fundamental flaw in the crypto.
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financeGlobal Equity Fund Inflows Hit 3-Week High on AI Optimism
Global equity funds attracted $21.44B in net inflows, led by tech and European funds, as AI sentiment drives markets.
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financeMicron Surpasses $1 Trillion Market Cap Fueled by AI Memory Demand
Micron Technology hits $1T market cap, driven by AI boom and Nvidia partnership, with HBM production sold out through 2026.
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financeWall Street Nears Record Highs, Fueled by AI Boom
The S&P 500, Dow, and Nasdaq edge higher as AI chip stocks surge, with Marvell Technology and Hewlett Packard Enterprise leading gains.
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techMicron Hits $1 Trillion Market Cap on AI-Driven Memory Chip Boom
Micron Technology becomes the latest US chipmaker to join the trillion-dollar club, fueled by surging demand for memory chips in AI data centers.
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techNvidia’s $80B Buyback Bet on AI’s Staying Power
Nvidia authorizes an additional $80 billion in buybacks, signaling deep conviction in sustained AI demand.
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financeRoundhill Files for ETF That Tracks Raw Computing Power
Roundhill Investments files for an ETF tracking raw computing power via futures, bypassing chip stocks or crypto tokens.
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techSony, Nintendo Face Rising Costs as AI Boom Drives Memory Price Surge
Sony and Nintendo are raising console prices due to surging memory chip costs, driven by AI demand disrupting supply chains.