Andrew Left, founder of Citron Research and a well-known activist short seller, was convicted by a federal jury in Los Angeles on multiple securities fraud charges. Prosecutors argued Left manipulated stock prices by publicly promoting or criticizing stocks to trigger price swings, then quickly exiting trades for profit, earning about $20 million. Left denies wrongdoing, claiming his market commentary was honest and plans to appeal. The case raises concerns about the limits of free speech for investors and could impact how public financial opinions are shared in the future. Sentencing is set for August 31, with a maximum sentence of 25 years on the lead charge.
Intel faced a crisis in mid-2025 with major losses and workforce cuts, but a strategic turnaround led by CEO Lip-Bu Tan sparked a remarkable comeback. Key moves included a $5 billion NVIDIA investment, $2 billion from SoftBank, and a $5.7 billion CHI...
Akamai and NVIDIA have expanded their collaboration to embed advanced Zero Trust security directly into AI factories using Akamai Guardicore Segmentation and NVIDIA's Vera BlueField-4 STX with DOCA software. This integration allows real-time, workloa...
Nvidia launched its RTX Spark chip, claiming it as the most efficient PC chip ever, partnering with major PC makers but excluding Apple. This move threatens Apple, which relies on Google's Gemini AI, and challenges Intel and AMD's dominance in PC chi...
Shares of Broadcom rose 6% and Marvell surged 17% after Alphabet announced an $80 billion equity raise to fund AI infrastructure, boosting demand for Broadcom's custom TPU chips. NVIDIA CEO Jensen Huang's comment suggesting Marvell could reach a $1 t...
Intel sold its NAND memory business to SK hynix for $9 billion in 2021 to focus on CPUs and foundry services. However, the AI boom has transformed memory into a critical and scarce resource, especially high-bandwidth memory (HBM), essential for AI in...
