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Modine Stock Jumps After Report Names Google, Amazon as Data Center Cooling Customers
benzinga_article·1 day ago, 09:41 AM
- Modine Manufacturing Co. shares rose following an investigative report by Hunterbrook Media identifying Google and Amazon as major data center cooling customers. - Leaked internal files indicate Google is tied to a $4 billion cooling agreement through 2029, alongside billions more in potential pipeline opportunities. - The report estimates Modine's overall pipeline could exceed its own guidance, though the company still faces supplier shortages and execution risks.
MOD+3.64%AMZN-0.57%
ChatGPT can now text on a Mac owner's behalf, and OpenAI stays quiet on data
Cryptopolitan·1 day ago, 04:23 AM
- OpenAI activated a new feature on Thursday that allows ChatGPT to read, draft, search, and send iMessage, SMS, and RCS texts on Mac. - The integration connects with professional accounts like Codex and ChatGPT Work, though OpenAI warns users that disabling persistent approval removes the final review step before sending. - While OpenAI states the plug-in runs locally without indexing all messages, specific details regarding data handling remain vague amid shifting partnerships between Apple and OpenAI.
GOOGL+1.22%GOOG+1.05%
Google Lost About $186 Billion After 4 of Its Top AI Researchers Left, but Sundar Pichai Says Google Will Be ‘A Founding Investor’ Anyway
Barchart Option·1 day ago, 10:51 AM
GOOG+1.05%GOOGL+1.22%
Broadcom Steps up NVIDIA Challenge With Potential $100 Billion AI Financing Deal
benzinga_article·1 day ago, 04:48 AM
- Broadcom Inc. is discussing a potential $100 billion financing package involving senior and junior debt to help companies like Anthropic secure custom AI chips and infrastructure. - The company is expanding its AI partnerships with firms like Blackstone and Apollo, while also securing major customer agreements exceeding $30 billion with Apple and OpenAI. - These strategic financial initiatives aim to support management's projection of AI chip sales surpassing $100 billion next year and enhance competition with NVIDIA.
NVDA-0.98%NVW0.00%
Waymo Unveils First Custom Robotaxi Chip With More Than 1,000 TOPS of AI Processing Power
benzinga_article·1 day ago, 05:29 AM
- Alphabet Inc. ’s Waymo has unveiled its first custom-designed 5 - nanometer ASIC robotaxi chip delivering over 1,000 TOPS of machine-learning performance for real-time sensor processing in its Ojai vehicles. - The new silicon simultaneously processes data from 13 high-resolution cameras while continuing to utilize hardware from major industry partners like Nvidia and AMD. - This development coincides with the rollout of the sixth-generation Driver on Zeekr-built vehicles at its Mesa factory, supporting Waymo 's scale of over 500,000 weekly autonomous trips.
AMD+0.81%AMDW+1.09%
Nvidia Q2 Preview: Strong Earnings and Low Valuation Set the Stage for Upside
Barchart Option·1 hour ago
NVDA-0.98%NVDY-0.95%
IREN Just Passed Its Biggest AI Test as Microsoft and Nvidia Bet Billions
Barchart Option·2 days ago, 03:36 PM
NVDA-0.98%IREN-1.69%
Dow Jones Futures: Market Triggers This Bearish Signal As Walmart, SpaceX, CrowdStrike Tumble
Unusual Whales·2 days ago, 05:11 PM
CRWD+0.85%WMT+0.10%
Bulls at a crucial point as QQQ price hovers at $712.02, with a potential drop to $705. Fed rate-hike risk rising.
Unusual Whales·1 hour ago
QQQ+0.35%PSQ-0.35%
Fabrinet Sees AI Optical Demand Fueling Years of Growth, Expands Capacity
Market Beat·1 day ago, 11:01 PM
- Fabrinet executives reported strong market demand across data center interconnect, datacom, automotive, and industrial sectors, driven significantly by artificial intelligence applications. - The company is actively expanding its manufacturing capacity through projects like Building 10 and new facilities to support projected multi-year growth opportunities and scale toward an estimated $9.8 billion capacity. - Fabrinet plans to maintain its pure-play contract manufacturer strategy while diversifying its customer base and advancing precision packaging capabilities.
FN-1.84%NVDA-0.98%
Bitcoin Breaks $77,000 as Crypto Stocks Surge Across the Board
Market Pulse·1 day ago, 09:22 AM
- During early US trading on August 21, major indices edged higher as Bitcoin surpassed 77,000 dollars and triggered a broad rally in crypto stocks. - The crypto surge was driven by US Treasury Secretary Bessent expanding liquidity support and Trump meeting crypto leaders to urge bill passage. - Meanwhile, Alibaba shares fell over 4%, while markets awaited Nvidia's upcoming earnings report and monitored policy impacts on gold and imports.
MSTR+6.10%COIN+8.20%
Micron CEO: AI has 'totally changed' the equation for the boom-and-bust memory industry
CNBC·1 day ago, 05:51 PM
- Micron CEO Sanjay Mehrotra stated that artificial intelligence has fundamentally transformed the historically cyclical memory chip industry into a durable market. - The company is advancing a 250 billion dollar U.S. manufacturing investment, including a massive fabrication site in Boise scheduled to produce wafers in mid-2027. - Driven by persistent AI demand, Micron is securing long-term strategic agreements with customers to ensure sales visibility and manage supply shortages.
MU-0.77%MUD+0.88%
Google Is Reportedly Working with AMD for Its New TPU. What This Means for AMD Stock.
Barchart Option·2 days ago, 02:14 PM
AMD+0.81%AMUU+1.76%
US Could Cut Canadian Auto Tariffs to 15%, Aluminum and Steel to 25% Under Proposed Trade Deal: Report
benzinga_article·2 days ago, 12:43 AM
- The United States and Canada are reportedly nearing a trade agreement to reduce tariffs on Canadian auto imports to 15 % and steel and aluminum to 25 %. - The proposed auto tariff rate could be reduced further based on the volume of U.S. - sourced content in vehicles, while the metal tariffs would apply up to a 4 million metric ton volume. - Negotiators face a Saturday deadline before tariffs on 20 billion dollars worth of Canadian goods take effect following a paused 50 % tariff period.
TSL+6.49%F+3.00%
Tesla Robotaxis appear to go fully unsupervised in Austin ahead of Cybercab launch
The Verge·2 days ago, 09:16 AM
- Tesla Robotaxis in Austin appear to have transitioned to a fully unsupervised service. - Crowdsourced data shows that 170 Robotaxi rides involving 54 different cars over the past two weeks were entirely driverless. - A sharp increase in unsupervised Tesla Robotaxis has also been observed in Dallas and Houston.
TSLA+5.14%TSL+6.49%