Chinese AI Chipmaker Enflame Surges 179% in $912 Million Public Debut
Shanghai Enflame Technology Co. raised 6.12 billion yuan in an initial public offering, seeing its stock surge 179% on its first day of trading amid heavy retail investor demand.
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Applied Digital and IREN Diverge on Revenue Trends Amid Costly AI Data Center Expansion
Neocloud infrastructure providers Applied Digital and IREN are charting distinct financial paths as both companies pour capital into high-performance compute facilities for artificial intelligence workloads.
AI Infrastructure Demand Boosts Prospects for Neocloud Operator Iren and Patent Holder Netlist
Neocloud provider Iren and memory architecture developer Netlist are positioning themselves to capture expanding enterprise spending across the artificial intelligence supply chain.
Dell Surges After Raising Full-Year Outlook on Massive AI Server Sales
Dell Technologies shares jumped in extended trading after reporting second-quarter financial results and raising its full-year guidance well above Wall Street estimates on strong AI server demand.
