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U.S. Stock Futures Rise as Marvell, AMD and OpenAI Headline AI Trading
U.S. futures rose as investors watched Marvell's investor day, Citi's AMD target hike, and OpenAI's reported $30 billion funding talks.
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U.S. futures rose as investors watched Marvell's investor day, Citi's AMD target hike, and OpenAI's reported $30 billion funding talks.
U.S. August trade gap hit $105.6B, widest since March 2025, as AI-related imports and tariffs lifted goods inflows.
Antseed opens a decentralized AI inference market; Edge Markets targets prediction-market margin calls.
A source at China's YMTC expects the global memory shortage to last at least three more years, while TrendForce says fourth-quarter 2026 DRAM contract talks point to meaningful price increases, driven by US cloud providers.
Meta's Muse and OpenAI's Dots are driving a new wave of CPU demand, giving AMD and Intel momentum as AI agents shift some workloads away from Nvidia GPUs. AMD has joined the trillion-dollar market-cap club, and forecasts point to $118 billion in CPU sales by 2027.
CNBC says the AI bull's longevity is uncertain as bonds offer their best cushion in years amid late-cycle signals.
Drax datacentre plan could emit nearly twice Gatwick flights' annual CO2, analysis says; Drax disputes the findings.
Yonhap News reported that South Korea has transferred $2.4 billion to the U.S. for a Texas gas-fired power plant tied to AI data centers, while Alaska LNG plans remain under review.
Samsung Electro-Mechanics has signed a 290 billion-won contract to supply AI server MLCCs to an undisclosed global company from January to December 2027, its sixth long-term AI component supply agreement this year.
The World Bank raised its East Asia and Pacific growth forecast to 4.5% on AI-related exports, while warning that the region's reliance on the AI boom leaves it vulnerable to a tech spending reversal.
Ghost AI, led by 19-year-old CEO Zain Javaid, has raised $11 million led by Andreessen Horowitz to build Core, a $3,499 local computer for running personal AI agents.
Reflection AI has introduced Beam, a 501-billion-parameter open-source language model trained on Nvidia GB300 systems. The U.S. startup says Beam can rival larger open-source models while using less hardware.
Nokia CEO Justin Hotard told CNBC that data centers could be built twice as fast without supply constraints, saying the AI buildout remains in its early days. Nokia shares have risen about 130% over the past year as the company pivots to AI infrastructure.
The US Nuclear Regulatory Commission has approved TVA's construction permit for a 300MW BWRX-300 small modular reactor at Clinch River, as rising AI infrastructure demand pushes utilities toward steady nuclear power. The unit still needs another license before generating electricity, while the same design is proposed in the UK, Canada and Texas.
NetApp is positioning its Novus storage architecture and AI Data Engine as unified data infrastructure for production AI, with metadata managed separately from stored data and more than 100TB/s of aggregate throughput. The company also plans to acquire PEAK:AIO to add pNFS-based parallel file system technology.
Finland has drafted an amendment to end first-come, first-served grid connections, placing large data centers in lower-priority categories unless they meet local generation and flexibility requirements. The proposal sets four categories, a December 2027 first allocation, and a January 1, 2027 effective date.
Reflection AI introduced Beam, a 501B open-weight MoE with 23B active parameters for coding and agentic workloads.
CNBC's Jim Cramer said Nvidia, Microsoft and Meta masked pressure from surging Treasury yields as the Nasdaq hit a record. He said the bond market may signal what comes next.
Dell, Apollo and Jera plan up to 4GW of AI data centers and gas power in Japan and Asia in a $140bn push.
Dell and CoreWeave say AI reliability now requires data-center-wide coordination of compute, power and cooling.
Etched is reviewing early funding offers that value the AI chip startup at $40 billion to $50 billion, months after raising $700 million at a $21 billion valuation, according to TechCrunch sources.
TechRadar reports an open Microsoft database with 17 trillion rows and 25,000 user accounts was hacked by a bored teenager who was well-paid, while Charlotte, Pima County and Guildford County try to stop data centers from taking over.
Reflection AI has unveiled Beam, a 501-billion-parameter open-weight model it says matches leading Chinese open models on advanced reasoning at lower compute cost. The claim is not independently verified, and Reflection plans to release weights and technical details this month.
U.S. technology shares rose Monday, with the Nasdaq setting a record and Nvidia pacing a record close, as Microsoft rallied on an analyst upgrade. SpaceX jumped nearly 8%, returning Elon Musk to trillionaire status, while Intel fell after Musk confirmed talks with TSMC about the Terafab AI manufacturing project.