US Quantum Stocks Surge After $2 Billion Government Investment 
Samsung Workers Approve Wage Deal, Avoiding Major Strike and Boosting Chip Supply Confidence 
Xiaomi Shares Drop After Weak Q1 Earnings Amid Rising Smartphone Costs 
Kentucky School District Secures $27 Million in Social Media Addiction Lawsuit Settlements 
Marvell Stock Rises After Record Q1 FY2027 Earnings Fueled by AI Demand 
Sable Offshore Wins Key Court Battle Over California Oil Pipeline 
EU Antitrust Probe Could Lead to Massive Google Fine Under DMA Rules 
Dell Raises 2027 Revenue Forecast as AI Server Demand Drives Record Quarterly Results 
SpaceX Starship V3 Test Flight Boosts IPO Momentum Ahead of Historic Market Debut 
Autodesk Beats Q1 Estimates, Acquires MaintainX for $3.6 Billion 
MongoDB Q1 FY2027 Earnings Beat Expectations, Raises Full-Year Outlook 
SK Hynix Joins $1 Trillion Club as AI Chip Demand Fuels Stock Surge 
Australia Sues 3M for Over A$2 Billion Over PFAS Firefighting Foam Contamination 
Samsung to Invest $1.5 Billion in Vietnam Semiconductor Testing Plant by 2027 
Elon Musk Explores Possible Tesla-SpaceX Merger Amid Growing AI Investments 
Samsung Union Dispute Escalates Over Semiconductor Bonus Vote 
Marvell Technology (NASDAQ: MRVL) shares surged 3.1% in after-hours trading to $122.92, following a 2.4% gain during Thursday’s session, as Amazon (NASDAQ: AMZN) reaffirmed its commitment to AI infrastructure spending.
Despite Amazon reporting weaker-than-expected Q4 earnings for its Amazon Web Services (AWS) unit, the tech giant reiterated plans to invest billions in AI chips, networking, and data center expansion. CFO Brian Olsavsky stated that capital expenditures could exceed $100 billion in 2025, primarily for AWS growth and AI services.
Amazon and Marvell established a five-year agreement in late 2024, with Marvell supplying custom chips and data center equipment, including contributions to AWS’s Trainium 2 AI chip. Amazon has been ramping up efforts to compete with AI powerhouse NVIDIA (NASDAQ: NVDA) through proprietary chip development and server solutions.
Marvell, a key supplier to OEMs and ODMs, has capitalized on surging AI chip demand, especially for data centers. With its stock doubling in 2024, the company is positioned for continued growth as AI adoption accelerates.
