Super Micro Computer Inc
Stocks making the biggest moves premarket: DocuSign, Wynn Resorts, Nvidia and more
Check out the companies making headlines before the bell. China stocks – U.S.-listed shares of Chinese companies fell after China’s state planner Zheng Shanjie failed to announce any new economic stimulus plans . Online video company Bilibili tumbled more than 13%, while automaker Nio and Temu parent PDD each fell more than 9%. E-commerce companies […]
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CNBC Daily Open: Fear is the stock killer
Traders work on the floor of the New York Stock Exchange during afternoon trading on October 03, 2024 in New York City. Michael M. Santiago | Getty Images This report is from today’s CNBC Daily Open, our international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no […]
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Super Micro shares soar after server company says it’s shipping over 100,000 AI GPUs per quarter
Super Micro CEO Charles Liang. Source: Supermicro Super Micro Computer shares jumped 15% after the computer server company said it’s shipping more than 100,000 graphics processing units used for artificial intelligence per quarter. That could translate into several billions of dollars of orders if the average price of a GPU is around the cost of […]
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Stocks making the biggest moves midday: Wynn Resorts, Rocket Lab USA, Cassava Sciences and more
Check out the companies making headlines in midday trading: Bristol-Myers Squibb — The drug maker jumped more than 3% after the U.S. Food and Drug Administration approved a highly anticipated schizophrenia drug , the first novel type of treatment for the chronic mental disorder in more than seven decades. Bristol-Myers Squibb expects the twice-daily pill, […]
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Stocks making the biggest moves premarket: Bristol-Myers Squibb, Costco, Super Micro Computer and more
Check out the companies making headlines in premarket trading: Bristol-Myers Squibb — The biopharmaceutical stock jumped 5.3% after the U.S. Food and Drug Administration approved Cobenfy as a treatment of schizophrenia for adults. It marks the first new type of treatment for the mental disorder in several decades. Novo Nordisk — U.S.-listed shares of the […]
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Stocks making the biggest moves midday: Micron Technology, Super Micro Computer, Southwest Airlines and more
Check out the companies making headlines in midday trading. Micron Technology , chip stocks — Shares surged nearly 13% after the memory chipmaker issued strong guidance as the rise of AI heightens demand for its products. Other chip stocks rose alongside, with Applied Materials , ASML Holding and Lam Research last up about 4% each. […]
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Super Micro shares tumble 12% after DOJ reportedly opens probe into company
Jaque Silva | SOPA Images | Lightrocket | Getty Images Super Micro Computer shares fell more than 12% on Thursday after the Justice Department reportedly opened a probe into the company, which has been a major beneficiary of the artificial intelligence boom. The probe is in its early days, according to a report from The […]
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These 4 Asian stocks are set to pop on an AI server cooling boom, Nomura says
One type of technology is becoming essential to support Nvidia and other tech giants’ artificial intelligence server requirements, according to Japanese bank Nomura. That’s liquid cooling, a cooling technology used in data centers which helps to improve power and cost efficiency. The type of cooling used to date has been air cooling, but companies are […]
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Nvidia CEO Jensen Huang revived the AI trade this week. Here’s how the pros are playing it
Recent comments from Nvidia CEO Jensen Huang seemed to revive investment in the turbulent AI sector this week, while leading portfolio managers to recenter attention on the winning trades. “We’re now in this computer revolution,” Huang said at the Goldman Sachs Communacopia + Technology Conference on Wednesday, “This generative AI is not just a tool. […]
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Stocks making the biggest moves midday: Intel, Nio, Super Micro Computer and more
Check out the companies making headlines in midday trading: Nio — U.S. shares of the Chinese electric vehicle maker popped 2% after a JPMorgan upgrade to overweight from neutral. The firm said Nio could be in for a recovery rally after a tough year so far. Super Micro Computer — Shares shed 6% after JPMorgan […]
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