News

The Philadelphia Semiconductor Index opened more than 5% higher, led by Intel (INTC.O), Micron Technology (MU.O) rose 9.6%, ASML (ASML.O) rose 5.1%, and Applied Materials (AMAT.O) rose 5%.

U.S. stocks opened, with the Dow Jones Industrial Average rising 0.26%, the S&P 500 Index rising 0.79%, and the Nasdaq Composite Index rising 1.39%. Intel (INTC.O) rose 11.5% as Google placed an order for more than 3 million TPUs. American Battery Technology Corp (ABAT.O) rose 25.5% after the company won an appeal and the U.S. Department of Energy restored funding for its project. Marvell Technology (MRVL.O) rose 9.6%. The Nasdaq China Golden Dragon Index rose 0.53%.

Amazon (AMZN.O): Customers can now design products with Alexa and buy them directly on Amazon.

Fitch Ratings rated Amazon's (AMZN.O) proposed debt offering an "AA-" rating.

Intel's (INTC.O) pre-market gains expanded to 10% after news that Google placed an order for more than 3 million TPUs from Intel (INTC.O).

According to The Information: Google and Nvidia (NVDA.O) are considering Intel (INTC.O) as a backup chip manufacturing partner.

According to The Information: Google placed an order for more than 3 million TPUs with Intel (INTC.O).

According to The Information: Nvidia (NVDA.O) is evaluating Intel's (INTC.O) advanced packaging technology and 18A process for future chip production.

Oppenheimer: Raise target price on Oracle (ORCL.N) to $275 from $235.

Corning (GLW.N) rose 9% in pre-market trading after the company reached a cooperation agreement with Amazon (AMZN.O).

Amazon (AMZN.O) announced an agreement with Corning to expand U.S. fiber optic manufacturing and create 1,000 advanced manufacturing jobs in North Carolina.

Amazon (AMZN.O) launches five-part high-rated Canadian dollar bond issuance plan.

Lebanese Hezbollah: Jihadists from the Islamic Resistance Movement carried out a rocket attack on an advanced artillery position of the Israeli enemy in the town of Ada Isa at 11:00 on Monday.

India's current account surplus from January to March was US$7.1 billion, while market expectations were -US$1.4 billion.

Germany's Uniper and Canada's KSI Lisims have signed a letter of intent for a potential LNG supply agreement. The agreement will provide for Uniper to purchase 2 million tons of LNG per year, with the first deliveries likely to take place in 2032.

Nvidia (NVDA.O) CEO Jensen Huang: SK Hynix’s plan to double wafer production capacity by 2030 is not enough.

Indian trade official: India will seek assurances from the country after reaching an agreement with the United States that it will not face additional tariffs in the future.

NVIDIA (NVDA.O) CEO Jensen Huang: NVIDIA has been cooperating with Samsung Electronics to develop ASICs.

Nvidia (NVDA.O) CEO Jensen Huang: The partnership with SK Hynix and SK Telecom may bring hundreds of billions of dollars in business to South Korea in the future.

South Korean Minister of Science: NVIDIA (NVDA.O) CEO Huang Jenxun said that he will actively consider holding the NVIDIA GTC conference in South Korea.