bedo Astera Labs ( ALAB ) is expanding its Taiwan operations and Cloud-Scale Interop Lab to support growing demand for AI infrastructure and strengthen its presence in a key global semiconductor hub. The company said the expansion is designed to accelerate platform validation, system integration and deployment for hyperscalers and AI infrastructure providers. " Taiwan is where the global AI supply...
bedo Astera Labs ( ALAB ) is expanding its Taiwan operations and Cloud-Scale Interop Lab to support growing demand for AI infrastructure and strengthen its presence in a key global semiconductor hub. The company said the expansion is designed to accelerate platform validation, system integration and deployment for hyperscalers and AI infrastructure providers. " Taiwan is where the global AI supply chain gets built, and the programs driving the most ambitious AI buildouts run through this ecosystem,” said Campbell Kan , vice president of Asia Sales and Taiwan general manager at Astera Labs. “Expanding our footprint here will help customers shorten the path from qualification to deployment, so new training and inference capacity comes online at the speed of the AI race.” The company said that it is working with AI platform providers Advanced Micro Devices ( AMD ), Arm Holdings ( ARM ), Intel ( INTC ), and NVIDIA ( NVDA ) along with Taiwan manufacturing partners including GIGABYTE, Ingrasys, Inventec, Quanta Cloud Technology, and Wiwynn to speed AI system validation and deployment. More on Astera Labs Astera Labs, Inc. (ALAB) Presents at TD Cowen's 54th Annual Technology, Media & Telecom Conference Transcript Astera Labs, Inc. (ALAB) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript Astera's Next Growth Wave Has Already Started Astera Labs stock rally crushing S&P 500 YTD gains: 'Why' reasons & 3 warnings Astera's 'strong' Q1 results see bullish views from analysts
MikeMareen/iStock via Getty Images Introduction Nebius ( NBIS ) has become one of the most talked-about AI stocks for a reason. Although the sentiment shift occurred after Nvidia’s ( NVDA ) $2 billion investment, Computex was probably the game changer when Jensen Huang emphasized Nebius as one of the fastest-growing cloud partner companies in his opening keynote at the show. Not only has the marke...
MikeMareen/iStock via Getty Images Introduction Nebius ( NBIS ) has become one of the most talked-about AI stocks for a reason. Although the sentiment shift occurred after Nvidia’s ( NVDA ) $2 billion investment, Computex was probably the game changer when Jensen Huang emphasized Nebius as one of the fastest-growing cloud partner companies in his opening keynote at the show. Not only has the market started to see Nebius as much more than a GPU cloud provider, but the recent revenue explosion, margin expansion, large deals signed with Meta and Microsoft, and significant institutional interest make the stock one of the best conviction plays to participate in the AI infrastructure rush. Why Nebius Is Breaking Higher While there are plenty of bullish catalysts for Nebius, including AI enthusiasm and Nvidia validation, there are several reasons why the stock continues to break new highs. Management guided to revenues of $1.9 billion on an annualized run-rate basis for the current quarter. However, more importantly, Q1 sales increased by 684% year-over-year, indicating massive growth. Furthermore, according to the CEO, the company has more customers bidding for GPUs than available hardware. And even better, capacity has been fully booked. Letter to shareholders Q4 2025 The second point is that the sentiment regarding Nebius has definitely changed for the better. Once upon a time not long ago, the predominant view among investors was that Nebius was merely a speculative play on artificial intelligence. But in light of its $27 billion contract with Meta, better ties with Microsoft, a $2 billion capital commitment from Nvidia, and growing institutional backing by companies like Situational Awareness, which owns 5.6% of the company, to consider Nebius as an emerging firm would be utterly wrong. While Nvidia validation is important for a whole host of reasons, it is especially critical from a psychological standpoint. First of all, Jensen Huang praised Nebius in front of thous...
Kioxia Holdings Corp. is closing in on the No. 2 spot among Japan’s most valuable firms as the global artificial intelligence boom remodels the country’s corporate landscape. The memory chipmaker’s market capitalization is rivaling that of Toyota Motor Corp. thanks to a surge of as much as 7.2% in its shares Wednesday. Kioxia’s market value surpassed ¥45 trillion ($281 billion), more than the auto...
Kioxia Holdings Corp. is closing in on the No. 2 spot among Japan’s most valuable firms as the global artificial intelligence boom remodels the country’s corporate landscape. The memory chipmaker’s market capitalization is rivaling that of Toyota Motor Corp. thanks to a surge of as much as 7.2% in its shares Wednesday. Kioxia’s market value surpassed ¥45 trillion ($281 billion), more than the automaker at one point, in a remarkable rally just 18 months after its stock market debut. The reshuffling of the biggest companies may change how overseas investors view Japanese equities, said Jumpei Tanaka , head of investment strategy at Pictet Asset Management Japan Ltd. “The perception of Japan could shift from that of a market dominated by manufacturing-driven, cyclical stocks to one increasingly defined by growth stocks led by AI-driven semiconductors,” he said. “That could prompt global investors to view Japan as a market that deserves a larger weighting in the AI trade, potentially attracting further capital inflows.” Kioxia was 1.7% higher in early afternoon trading in Tokyo, making its market value only slightly below that of Toyota, which gained 2.5%. The move away from more traditional companies in Japan underlines how demand for memory-chips used in AI data centers has fueled investor enthusiasm for semiconductor companies worldwide, boosting Kioxia’s value alongside peers. The Japanese company’s shares have risen more than 660% so far this year, making it the best performer on the MSCI World Index. Memory Prices Fuel Kioxia’s Rise to Japan’s Top-Valued Companies Kioxia Plans Dividend After AI Chip Sales Spur Record Profit Memory Squeeze Lures Day Traders, Hedge Funds to Kioxia Toyota, which long held the title of Japan’s most valuable company, has rapidly slipped from the top. SoftBank Group Corp. overtook the automaker on Monday, driven by investor excitement over news about OpenAI’s listing. Kioxia traces its roots to Toshiba Corp. ’s memory-chip business, whi...
Eduard Figueres/iStock via Getty Images Introduction When I learned the news last weekend that Berkshire Hathaway had agreed to acquire Taylor Morrison Home Corporation ( TMHC ) for $6.8 billion, or at roughly a 24% premium over the prior Friday’s closing price, my immediate emotional reaction was not excitement over Taylor Morrison itself. Instead, I experienced a strange sense of disappointment—...
Eduard Figueres/iStock via Getty Images Introduction When I learned the news last weekend that Berkshire Hathaway had agreed to acquire Taylor Morrison Home Corporation ( TMHC ) for $6.8 billion, or at roughly a 24% premium over the prior Friday’s closing price, my immediate emotional reaction was not excitement over Taylor Morrison itself. Instead, I experienced a strange sense of disappointment—almost the same feeling I had as a child when the teacher picked another student’s essay to read aloud to the entire class instead of mine. That probably sounds both childish and egotistical, especially considering the many gray hairs I now sport. Yet investors who study Warren Buffett seriously understand that Berkshire Hathaway’s investment decisions often carry a form of intellectual validation extending beyond mere dollars and cents. Having been academically driven in my younger days, I suppose I remain psychologically anchored to the notion that if there is an “excellent answer,” mine should probably be the one selected. Over the past year, among publicly traded homebuilders, my own favorites have been Green Brick Partners ( GRBK ) and Smith Douglas Homes ( SDHC ) (see my write-ups on them here , here , and here ). So, when Berkshire Hathaway picked Taylor Morrison instead, I could not help but feel a brief sting of disappointment—followed almost immediately by the curiosity to compare and contrast the three companies and stocks. Taylor Morrison Is A Good Fit for Berkshire Hathaway Why Taylor Morrison? And why now, at a time when prevailing market sentiment toward the homebuilder sector remains deeply negative? The timing itself may actually provide the answer. The market currently fears that the homebuilding industry is approaching a cyclical slowdown driven by elevated mortgage rates and weakening consumer confidence in this K-shaped economy. In this K-shaped stock market, where virtually all of the gains are concentrated on the red-hot AI and related fields such as ...
SEALSQ Corp. ( LAES ) Monday reported its participation as a lead investor in Quobly’s €130 million Series A financing. The round is led by ST Microelectronics ( STM ), SEALSQ, Isalt, and the French Public Investment Bank (BPI France). The SEALSQ investment made via the SEALSQ Quantum Fund supports Quobly’s industrialization of silicon-based quantum processors and the deployment of its first comme...
SEALSQ Corp. ( LAES ) Monday reported its participation as a lead investor in Quobly’s €130 million Series A financing. The round is led by ST Microelectronics ( STM ), SEALSQ, Isalt, and the French Public Investment Bank (BPI France). The SEALSQ investment made via the SEALSQ Quantum Fund supports Quobly’s industrialization of silicon-based quantum processors and the deployment of its first commercial systems. It strengthens the strategic technical partnership initiated in November 2025 and represents a major milestone in the execution of SEALSQ’s Quantum Vertical Sovereign Stack strategy. As part of this investment, Carlos Moreira , CEO of SEALSQ, will join Quobly’s Board of Directors. More on SEALSQ Sealsq: Quantum Growth Setup With Cash-Backed Undervaluation SEALSQ Corp (LAES) Q4 2025 Earnings Call Transcript Sealsq: The New Share Offering Will Strengthen The Balance Sheet Even More SEALSQ buys Miraex to expand quantum solutions Quantum computing stocks to extend rally as federal backing tests bearish sentiment
ljubaphoto/E+ via Getty Images Shares of Globus Medical ( GMED ) have been trading flattish in recent times. Following a big jump in response to a strong quarter in the fall of last year, shares have been trading range-bound between $75 and $100 ever since. Shares are now trading towards the lower end of the range, near the $80 mark. This comes as the medical device complex at large is facing some...
ljubaphoto/E+ via Getty Images Shares of Globus Medical ( GMED ) have been trading flattish in recent times. Following a big jump in response to a strong quarter in the fall of last year, shares have been trading range-bound between $75 and $100 ever since. Shares are now trading towards the lower end of the range, near the $80 mark. This comes as the medical device complex at large is facing some headwinds, mostly in share price developments, as reported achievements remain strong. In November, I concluded that Globus was straightening its back after it successfully integrated the acquisition of NuVasive and Nevro, while organic growth in the higher single digits was compelling as well. Following a momentum run, shares traded at a 20 times earnings multiple, supported by a strong balance sheet and continued potential to derive more synergies. Over the past half year or so, shares have fallen by mid-single digits, in a raging bull market, as the business continues to perform fine, increasing appeal again after I trimmed my position last year. A Solid Start To The Year Early in May, Globus started the year on a strong note as the company reported a 27% increase in first-quarter sales to $760 million. Excluding the purchase of Nevro and its contribution, base revenues were up 13% and change, or 11% and change in constant currency terms. That is a strong achievement, and it is with real margin gains delivered upon. GAAP earnings of $123 million came in at $0.90 per share, with adjusted earnings up forty-four cents to $1.12 per share, as the adjustments look largely fair. The balance sheet is furthermore in pristine shape, with cash and equivalent holdings standing at $800 million, with no debt visible on the balance sheet. While confirming the full-year sales outlook at a midpoint of $3.20 billion, the company hiked the earnings guidance by thirty cents to $4.70-$4.80 per share, a substantial hike early in the year. Trading at $79 and change, equity trades at 16-17 tim...
JHVEPhoto/iStock Editorial via Getty Images Dozens of S&P 500 stocks have doubled in the past 12 months. A handful is up a whopping 900% or more. Among them is Western Digital ( WDC ). Shares of this Information Technology sector company have soared 915% since June 2025. That puts WDC as third-best in the S&P 500 over the past year. I think there are more gains to come. While ‘peak earnings’ is a ...
JHVEPhoto/iStock Editorial via Getty Images Dozens of S&P 500 stocks have doubled in the past 12 months. A handful is up a whopping 900% or more. Among them is Western Digital ( WDC ). Shares of this Information Technology sector company have soared 915% since June 2025. That puts WDC as third-best in the S&P 500 over the past year. I think there are more gains to come. While ‘peak earnings’ is a clear risk looking out many quarters, the growth-adjusted valuation is not all that high, while technicals and momentum clearly favor the bulls. I’ll outline the earnings-driven valuation case, then assess risks and opportunities on the chart. WDC Among the S&P 500's Hypergainers YoY Barchart Back in April, WDC reported a solid set of quarterly results. Its fiscal Q3 non-GAAP EPS of $2.72 topped the Wall Street consensus forecast of $2.39, while revenue of $3.34 billion, up 46% from the same period a year earlier, was a material $90 million beat. Margins were eye-popping, and the management team projected a long-term data storage growth rate of more than 25% compounded annually. It was a banner quarterly report, but shares dipped 0.7% in the session that followed, marking a second consecutive negative earnings reaction. Implied volatility is indeed very high on “Western Dig” right now, above 80%, while short interest has climbed to 8.6%. Looking back on the quarter that was, WDC reported strong Q3 numbers, with revenue reaching $3.3 billion and non-GAAP EPS tagging $2.72; both numbers were better than the company’s guidance. Driven heavily by demand in its Cloud sector (which comprised 89% of total revenue), the firm tallied a non-GAAP gross margin of 50.5% (a 1,040 basis point increase vs. Q3 2025) and generated $978 million in free cash flow. Western Dig fired on all cylinders, too, from both financial and shareholder-friendly perspectives. Operational milestones for the quarter included shipping 4.1 million units of its latest-generation ePMR, expanding stock buybacks by...
(Bloomberg) -- CBS News fired 60 Minutes correspondent Scott Pelley after the longtime journalist confronted his new boss at an internal meeting on Monday.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for ...
(Bloomberg) -- CBS News fired 60 Minutes correspondent Scott Pelley after the longtime journalist confronted his new boss at an internal meeting on Monday.Most Read from BloombergRussia Finance Officials Tell Putin War Spending Is UnaffordableTrump to Get Audit Immunity as $1.8 Billion Fund in DoubtTrump Begins Rebuilding His Tariff Wall Citing Forced LaborCanada Dips Into Technical Recession for First Time Since 2020TikTok Billionaire Overtakes Mukesh Ambani as Asia’s Second-Richest PersonPelle
Indonesian stocks slumped to their lowest level in five years while the rupiah reached another record low, underscoring investor concern that persistently high oil prices are straining the country’s finances. The benchmark Jakarta Composite Index plunged as much as 5.2% to the lowest since May 2021. Materials led the declines, with a subgauge of the sector tumbling more than 10%. The rupiah weaken...
Indonesian stocks slumped to their lowest level in five years while the rupiah reached another record low, underscoring investor concern that persistently high oil prices are straining the country’s finances. The benchmark Jakarta Composite Index plunged as much as 5.2% to the lowest since May 2021. Materials led the declines, with a subgauge of the sector tumbling more than 10%. The rupiah weakened about 0.5% against the dollar, leading losses in Asia, as Brent crude prices advanced for a third day. The moves come after data on Tuesday showed Indonesia’s trade surplus nearly vanished in April as soaring prices for imported oil and gas outpaced export gains. Consumer prices rose 3.08% in May from a year earlier, exceeding the median estimate in a Bloomberg survey of economists and moving further above the midpoint of Bank Indonesia’s 1.5%-3.5% target. Investor confidence in local assets has been waning, owing to concerns over fiscal slippage due to elevated oil prices, a potential MSCI Inc. market reclassification this month and risks of credit rating downgrades. Down about 32% in 2026, the JCI is already the worst performer this year among more than 90 global equity indexes tracked by Bloomberg . Concerns that Indonesia’s credit rating and outlook “might be downgraded due to higher risk of a widening fiscal deficit” are weighing on stocks, said Henry Wibowo , a former JPMorgan & Chase Co. strategist who co-founded Alphagate Capital in Jakarta. Weakness in the rupiah, which is approaching the 18,000-per dollar mark, is also adding to the pressure, he added. Worries about tighter government control of the nation’s key commodity sector have also weighed on investor sentiment in recent weeks. President Prabowo Subianto announced in May that the administration would take direct control of exports of some of Indonesia’s most important commodities.