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GlobalFoundries boosts AI data centers with new co-packaged optics tech, shares rise 4%.

Market News
04 May 2026
Market Watch
View Source
Bullish
pluang ai news

GlobalFoundries introduced a new co-packaged optics technology that integrates optical transceivers with chips, aiming to reduce power consumption and increase bandwidth in AI data centers. This innovation comes amid growing demand for optical networking in AI applications, highlighted by Goldman Sachs as a rapidly expanding market. Following the announcement, GlobalFoundries' stock rose 4%, signaling investor confidence in the company's potential to capitalize on AI infrastructure growth. This development positions GlobalFoundries as a key player in the evolving AI hardware landscape.

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New AI-powered humanoid robots offer digital immortality for up to 500 years in smart cities.

New AI-powered humanoid robots offer digital immortality for up to 500 years in smart cities.

A new patent application reveals a quantum AI project creating humanoid robots that can carry a person's 'digital DNA' to live alongside humans for centuries. This technology, part of a federally registered clinical trial, allows families to preserve...

Others
Neutral
52 minutes ago
Investors in Putnam mutual funds urged to join class action over alleged misleading info.

Investors in Putnam mutual funds urged to join class action over alleged misleading info.

The Rosen Law Firm is investigating potential securities claims against Putnam Investment Management, LLC, alleging the company may have provided misleading business information to investors in its stock-based mutual funds. Investors who purchased Pu...

Market News
Bearish
1 hour ago
CoreWeave shares drop despite $35B deal with Meta through 2032 amid Meta's own cloud news.

CoreWeave shares drop despite $35B deal with Meta through 2032 amid Meta's own cloud news.

CoreWeave secured a $35 billion deal with Meta, making Meta one of its largest customers through 2032. Despite this significant partnership, CoreWeave's shares fell following news related to Meta's own cloud services. The drop suggests investor conce...

Market News
Bearish
2 hours ago
Bitcoin holds near $64,150 as US pauses strikes on Iran, easing military risk but geopolitical tension remains.

Bitcoin holds near $64,150 as US pauses strikes on Iran, easing military risk but geopolitical tension remains.

Bitcoin price hovered around $64,150 after US President Donald Trump paused military strikes on Iran, reducing immediate escalation risk. Despite this, geopolitical tensions persist with ongoing diplomatic talks and regional conflicts, keeping pressu...

Market News
Neutral
4 hours ago
Coinbase users can now set AI agents to automatically buy ETH after a 5% price drop.

Coinbase users can now set AI agents to automatically buy ETH after a 5% price drop.

Coinbase has introduced a new feature allowing users to instruct AI agents to automatically buy Ethereum if its price drops by 5%, turning simple commands into rule-based limit orders executed by the exchange. This automation helps users react to mar...

Market News
Bullish
4 hours ago
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