Microsoft Signs $9.7 Billion AI Cloud Deal With IREN
Microsoft Corp. has signed an approximately $9.7 billion deal to purchase AI cloud capacity from IREN Ltd., becoming…
U.S. stocks’ gains in October owe much to AI
Jensen Huang, CEO of Nvidia, reacts during the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South…
Korea’s Kospi Extends Rally as AI Momentum Rises on Nvidia (NVDA) Ties
South Korea’s equity benchmark is building on its strongest monthly rally in over two decades, underscoring the market’s…
AI trade frenzy seems driven by a ‘virtuous’ cycle
Jensen Huang, CEO of Nvidia, attends a press conference after the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit…
Nvidia’s $400 Billion Week Fueled by Jensen Huang’s Dealmaking Spree
Even for Jensen Huang, it was an extraordinary week. The Nvidia Corp. chief headlined his company’s first developers…
China’s Xi pushes for global AI body at APEC in counter to U.S.
Chinese President Xi Jinping took center stage at a meeting of APEC leaders on Saturday to push a…
Trader’s Guide to India’s Data Center Boom Powered by Google, OpenAI
As Alphabet Inc.’s Google and other US tech behemoths pledge billions of dollars to build artificial intelligence infrastructure…
BofA’s Hartnett Sees Gold, China Stocks as Best AI Boom Hedges
Chinese stocks and gold are the best hedges against a boom in the artificial intelligence trade that has…
AI Frenzy Fueling Tech Dominance Rewrites Asia’s Market Playbook
The frenzy over artificial intelligence has helped Asian stocks outperform the world this year. It’s also transforming the…
Nvidia to Invest Up to $1 Billion in AI Startup Poolside
Nvidia Corp. plans to invest as much as $1 billion in the artificial intelligence company Poolside, according to…
Samsung’s Chip Profit Soars After AI Fuels Demand for Memory
(Bloomberg) — Samsung Electronics Co.’s (005930.KS) semiconductor arm reported a bigger-than-expected 80% surge in profit, suggesting global AI…
SK Chairman Projects Strong Demand for AI, Plays Down Fears of Spending Bubble
Chey Tae-won, the billionaire chairman of South Korea’s second-largest conglomerate, projected strong demand for artificial intelligence over the…