Applied Materials reports Q3 revenue and EPS above estimates

Ukraine’s military intelligence service is warning that Russia is accelerating deployment of its planned Rassvet low-Earth-orbit satellite constellation, which could eventually provide Moscow with Starlink -like battlefield connectivity.

Donald Trump is facing a federal lawsuit from two media organizations seeking to stop his company from selling paying customers faster access to his Truth Social posts.

Suspected China-linked hackers used autonomous AI agents to target government systems in Taiwan in what researchers described as a first-of-its-kind cyberattack.

Semiconductor, Software & Technology NVIDIA Corporation (NASDAQ: NVDA ) released Nemotron 3.5 Lightning, a lightweight AI model that can run on a single GPU in a PC.

Companies can download, use and modify the model for free without seeking NVIDIA’s permission or paying the company.

AmpliTech Group Inc. (NASDAQ: AMPG ) reported a second-quarter loss of 12 cents per share, compared with the 2-cent-per-share loss expected by analysts.

Sales came in at $8.07 million, slightly above the $8 million estimate.

Lam Research Corp. (NASDAQ: LRCX ) said Thursday it plans to invest more than $3 billion over the next five years to expand its global research and development lab network as artificial intelligence drives demand for more advanced chips.

Intel Corp (NASDAQ: INTC ) CEO Lip-Bu Tan is investing $12 million of his own capital in the chipmaker’s newly upsized $20 billion stock offering, a move that Futurum Group CEO Daniel Newman sees as a strong vote of confidence.

Applied Materials, Inc. (NASDAQ: AMAT ) reported third-quarter revenue of $9.12 billion, above analyst estimates of $8.99 billion.

Adjusted earnings of $3.50 per share also topped estimates of $3.40.

Goldman Sachs (NYSE: GS ) is reportedly in talks with potential investors to participate in Nvidia Corp.’s (NASDAQ: NVDA ) AI infrastructure financing initiative, as the chipmaker works with Wall Street’s biggest asset managers to mobilize more than $500 billion in third-party capital.

Nvidia is reportedly accelerating development of its next-generation Feynman AI platform, pushing Taiwan Semiconductor Manufacturing Co. (NYSE: TSM ) to fast-track advanced chipmaking and packaging capacity ahead of its expected 2028 launch.

Silver Lake ‘s talks to acquire Workday Inc. (NASDAQ: WDAY ) for up to $43 billion may be the clearest sign yet that private equity sees opportunity in software stocks battered by this year’s artificial intelligence-driven selloff, according to Constellation Research CEO Ray Wang.

International Business Machines Corp. (NYSE: IBM ) said Thursday it has formed a strategic partnership with OpenAI t o help companies deploy artificial intelligence across core business operations while strengthening cybersecurity.

Sandisk Corporation (NASDAQ: SNDK ) outlined its growth strategy and long-term financial model at its 2026 Investor Day.

It expects revenue to grow at a mid-to-high-teens rate from fiscal 2028 through fiscal 2030, broadly in line with bit growth.

Advanced Micro Devices, Inc (NASDAQ: AMD ) plans to raise as much as $5 billion through what could become its largest-ever U.S. dollar investment-grade bond sale, giving the chipmaker additional funding flexibility as it expands AI-related investments and manages upcoming debt maturities.

Coherent Corp (NYSE: COHR ) reported higher-than-expected results, with Data Center segment sales accelerating with laser supply from its 6-inch fab flowing through to volume transceiver shipments, according to Needham.

IREN Limited (NASDAQ: IREN ) stock jumped Thursday after the company delivered its Horizon 1 AI Cloud deployment to Microsoft Corporation (NASDAQ: MSFT ).

The milestone advances IREN’s $9.7 billion cloud services contract with Microsoft.

Cisco Systems Inc (NASDAQ: CSCO ) reported better-than-expected fiscal fourth-quarter 2026 results and issuing guidance above Wall Street estimates.

It raised prices on parts of its hardware lineup in fiscal 2026, and the increases added measurably to revenue growth, even as the company described the move as something it would rather avoid.

Facebook and Instagram owner Meta Platforms Inc. (NASDAQ: META ) deactivated more than 756,000 Australian accounts suspected of belonging to users under 16, as the company works to comply with the country’s landmark social media ban.

Oracle Corp. (NYSE: ORCL ) is reportedly planning another round of job cuts as it seeks to rein in costs amid its heavy spending on AI infrastructure and rising debt.

Cerebras Systems Inc. (NASDAQ: CBRS ) posted its second-quarter results after Wednesday’s closing bell, missing analyst estimates on the top and bottom lines.

Nebius Group N.V. (NASDAQ: NBIS ) reported an adjusted loss of 12 cents per share, beating the consensus estimate for a loss of 62 cents per share.

Super Micro Computer Inc. (NASDAQ: SMCI ) is riding a record AI server backlog into fiscal 2027, but rapid GPU platform transitions could create inventory risks if customer deployments or configurations change unexpectedly.

During the earnings call, Lumentum (NASDAQ: LITE ) said demand for its optical circuit switching products remains "incredibly strong" for 2027.

The company is expanding capacity with contract manufacturers and at its own factories to meet rising demand.

Quantinuum Inc. (NASDAQ: QNT ) and Oracle Corp. (NYSE: ORCL ) announced a multi-year partnership that will bring the Helios quantum computer to Oracle Cloud Infrastructure (OCI), giving customers direct access to quantum hardware alongside Oracle’s GPU and high-performance computing infrastructure.

Boxlight Corporation (NASDAQ: BOXL ) announced it closed a private placement for up to $7.5 million in newly created Series D Convertible Preferred Stock.

CoreWeave Inc. (NASDAQ: CRWV ) remains confident it can rapidly expand its AI infrastructure despite a growing wave of data center moratoriums, grid concerns and community opposition across the U.S.

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