Jonathan Kitchen Intel ( INTC ) and Qualcomm ( QCOM ) are interested in acquiring artificial intelligence chip startup Tenstorrent, Bloomberg reported. Tenstorrent has spoken to investment banks to discuss its options after having had conversations with Intel and Qualcomm, the news outlet added , citing people familiar with the matter. Other potential acquirers may enter the discussions if Tenstor...
Jonathan Kitchen Intel ( INTC ) and Qualcomm ( QCOM ) are interested in acquiring artificial intelligence chip startup Tenstorrent, Bloomberg reported. Tenstorrent has spoken to investment banks to discuss its options after having had conversations with Intel and Qualcomm, the news outlet added , citing people familiar with the matter. Other potential acquirers may enter the discussions if Tenstorrent decides it wants to sell itself, the people added. If Tenstorrent decides it wishes to sell itself, it could be valued at $5B or more, the news outlet added, with valuations in the sector after Cerebras' ( CBRS ) recent IPO on watch. In addition to the sale discussions, Tenstorrent, which competes with Nvidia's ( NVDA ) Groq, is talking to potential investors about a new funding round, the people added. Intel, Qualcomm and Tenstorrent did not immediately respond to a request for comment from Seeking Alpha. More on Intel and Qualcomm AMD Vs. Intel: The AI CPU Trade Still Favors AMD - But Hedged Intel: Will Higher Bond Yields Burst The AI Bubble? (Rating Downgrade) Qualcomm: Get Out Before The Reality Sets In Later (Rating Downgrade) SA analyst upgrades/downgrades: MU, INTC, FDX, CRTO Intel, AMD see price target hikes at Citi as firm raises CPU estimates
Jonathan Kitchen Intel ( INTC ) and Qualcomm ( QCOM ) are interested in acquiring artificial intelligence chip startup Tenstorrent, Bloomberg reported. Tenstorrent has spoken to investment banks to discuss its options after having had conversations with Intel and Qualcomm, the news outlet added , citing people familiar with the matter. Other potential acquirers may enter the discussions if Tenstor...
Jonathan Kitchen Intel ( INTC ) and Qualcomm ( QCOM ) are interested in acquiring artificial intelligence chip startup Tenstorrent, Bloomberg reported. Tenstorrent has spoken to investment banks to discuss its options after having had conversations with Intel and Qualcomm, the news outlet added , citing people familiar with the matter. Other potential acquirers may enter the discussions if Tenstorrent decides it wants to sell itself, the people added. If Tenstorrent decides it wishes to sell itself, it could be valued at $5B or more, the news outlet added, with valuations in the sector after Cerebras' ( CBRS ) recent IPO on watch. In addition to the sale discussions, Tenstorrent, which competes with Nvidia's ( NVDA ) Groq, is talking to potential investors about a new funding round, the people added. Intel, Qualcomm and Tenstorrent did not immediately respond to a request for comment from Seeking Alpha. More on Intel and Qualcomm AMD Vs. Intel: The AI CPU Trade Still Favors AMD - But Hedged Intel: Will Higher Bond Yields Burst The AI Bubble? (Rating Downgrade) Qualcomm: Get Out Before The Reality Sets In Later (Rating Downgrade) SA analyst upgrades/downgrades: MU, INTC, FDX, CRTO Intel, AMD see price target hikes at Citi as firm raises CPU estimates
Hello, and welcome to TechScape. I’m your host, Blake Montgomery, US tech editor at The Guardian, writing to you from sunny Mountain View, California, where I’ll be attending Google’s annual developer conference, I/O, when you read this. Stay tuned next week for a dispatch from the heart of the AI boom. What’s next for OpenAI? On Monday morning, a jury in Oakland, California handed a resounding vi...
Hello, and welcome to TechScape. I’m your host, Blake Montgomery, US tech editor at The Guardian, writing to you from sunny Mountain View, California, where I’ll be attending Google’s annual developer conference, I/O, when you read this. Stay tuned next week for a dispatch from the heart of the AI boom. What’s next for OpenAI? On Monday morning, a jury in Oakland, California handed a resounding victory to Sam Altman and OpenAI in their long, bitter courtroom battle with Elon Musk. The federal jury found Altman, OpenAI and its president, Greg Brockman, not liable for Elon Musk’s claims that they unjustly enriched themselves and broke a founding contract made with Musk when founding the startup. The unanimous verdict, delivered after less than two hours of deliberation, is a stark rebuke of Musk and his lawyer’s claims that Altman “stole a charity” through his leadership of OpenAI. 8:38 Musk v Altman: tech bros at war over OpenAI – The Latest The jury’s decision, affirmed immediately by the judge’s dismissal of all charges, provides the AI firm with a stamp of approval for its for-profit plans, already in motion, and a clear path ahead to go public later this year at around a $1tn valuation. Musk’s demands that Altman be removed as CEO and that the for-profit arm of the company transfer about $150bn to the nonprofit arm would have jeopardized the blockbuster initial public offering. A delay to OpenAI’s financial bonanza may have been one of Musk’s goals. SpaceX – the centibillionaire’s mega-business that combines a titular rocket launching business, the satellite internet service Starlink, and OpenAI competitor xAI – is reportedly planning to go public in June. OpenAI’s plans now seem all but guaranteed, given that the world’s richest person couldn’t put a stop to them. Wall Street, ever wary of upheaval and uncertainty, is likely breathing a sigh of relief, said Sarah Kreps, a professor and director of the Tech Policy Institute at Cornell University. She called the r...
Protesters gathered in Bolivia's capital on Monday demanding the resignation of President Rodrigo Paz. Law enforcement officers deployed tear gas to control the crowds in La Paz as the latest demonstration formed part of weeks-long unrest within the country over economic pressures. Farmers, miners, teachers and indigenous communities were among thousands of protesters who took the street to call f...
Protesters gathered in Bolivia's capital on Monday demanding the resignation of President Rodrigo Paz. Law enforcement officers deployed tear gas to control the crowds in La Paz as the latest demonstration formed part of weeks-long unrest within the country over economic pressures. Farmers, miners, teachers and indigenous communities were among thousands of protesters who took the street to call for higher wages and an end to the privatisation of state-owned companies Video from the city showed protestors chanting, starting fires and throwing objects. Public prosecutor Attorney General Roger Mariaca said an arrest warrant would be issued for the head of the largest union COB - Mario Argollo - accusing him of terrorism and inciting protests against the government.
Statkraft has announced plans to significantly boost its investment in Norwegian hydropower, earmarking NOK 80 billion over the next decade. This investment represents a considerable increase from previous projections, aiming to upgrade and modernize many of Norway's largest hydropower plants and ensure their continued operation. The plan includes major maintenance, project upgrades, and new capac...
Statkraft has announced plans to significantly boost its investment in Norwegian hydropower, earmarking NOK 80 billion over the next decade. This investment represents a considerable increase from previous projections, aiming to upgrade and modernize many of Norway's largest hydropower plants and ensure their continued operation. The plan includes major maintenance, project upgrades, and new capacity developments crucial for meeting future electricity demands. While hydropower will account...
The United States market has remained flat over the last week, yet it has experienced a robust 24% rise over the past year, with earnings anticipated to grow by 17% annually in the coming years. In this environment, identifying growth companies with high insider ownership can be particularly appealing as it often signals confidence from those closest to the company's operations and prospects.
The United States market has remained flat over the last week, yet it has experienced a robust 24% rise over the past year, with earnings anticipated to grow by 17% annually in the coming years. In this environment, identifying growth companies with high insider ownership can be particularly appealing as it often signals confidence from those closest to the company's operations and prospects.
The image from last week’s state banquet at the Great Hall of the People told two stories at once. Tim Cook, Jensen Huang, and Elon Musk sat in the room as guests of the first U.S. presidential visit to China in nearly a decade. The same day, Xi Jinping warned that if the Taiwan issue ... Did the US-China Summit Make TSMC More Vulnerable?
The image from last week’s state banquet at the Great Hall of the People told two stories at once. Tim Cook, Jensen Huang, and Elon Musk sat in the room as guests of the first U.S. presidential visit to China in nearly a decade. The same day, Xi Jinping warned that if the Taiwan issue ... Did the US-China Summit Make TSMC More Vulnerable?
Key market opportunities lie in the growing adoption of humanoid robotics in industrial logistics, a focus on bridging investment and revenue disparities, and leveraging China's capacity growth strategy. Companies achieving commercialization, like UBTECH and Agility, highlight paths to market maturity. Commercial Humanoid Robotics Market Commercial Humanoid Robotics Market Dublin, May 19, 2026 (GL...
Key market opportunities lie in the growing adoption of humanoid robotics in industrial logistics, a focus on bridging investment and revenue disparities, and leveraging China's capacity growth strategy. Companies achieving commercialization, like UBTECH and Agility, highlight paths to market maturity. Commercial Humanoid Robotics Market Commercial Humanoid Robotics Market Dublin, May 19, 2026 (GLOBE NEWSWIRE) -- The "Commercial Humanoid Robotics Market, 2025-2030: Size, Readiness Assessment, an
TomasSereda/iStock via Getty Images Agnico Eagle Mines ( AEM ) said Tuesday it made a positive investment decision for its Hope Bay project in Nunavut, Canada, a project that has been praised by Prime Minister Carney' s government as an anchor for economic development in Canada's Arctic region. Agnico Eagle ( AEM ) said its preliminary economic assessment of the project contemplates an underground...
TomasSereda/iStock via Getty Images Agnico Eagle Mines ( AEM ) said Tuesday it made a positive investment decision for its Hope Bay project in Nunavut, Canada, a project that has been praised by Prime Minister Carney' s government as an anchor for economic development in Canada's Arctic region. Agnico Eagle ( AEM ) said its preliminary economic assessment of the project contemplates an underground mining operation supported by a 6K metric tons/day processing facility with estimated annual gold production of 400K-435K oz and an initial mine life of 11 years. The company said it estimates project development capital expenditures at ~C$2.4B (US$1.7B), including reconstruction of the processing facility, addition of a diesel generator power plant, mobile equipment, upgrades to the tailings facility, and ~33 km in underground development, with projected average all-in sustaining costs of $ 1,214/oz. In the initial phase, Agnico Eagle ( AEM ) expects the Hope Bay project to generate an after-tax internal rate of return of ~26% based on current gold prices of $4,500/oz and a C$/US$ exchange rate of 1.36. The Canadian government said it will contribute C$25M to develop a related wind power project that will add 4.2 MW of power for the mine, along with battery storage. " With expected annual production of over 400K oz and total cash costs below $1,000/oz, based on only half the declared mineral resources drilled, Hope Bay has the potential to evolve into a long-life, district-scale mining camp for decades to come," Agnico Eagle ( AEM ) President and CEO Ammar Al-Joundi said. The project also is expected to boost Canadian exports by C$2.6B annually and support ~2K jobs, "along with providing significant economic benefits to indigenous organizations and partners," according to the office of Tim Hodgson, Canada's minister of energy and natural resources. More on Agnico Eagle Mines Agnico Eagle Mines Shareholder/Analyst Call - Slideshow Agnico Eagle's Project Pipeline Will Prope...
San Diego authorities are investigating a deadly shooting at a mosque as a hate crime. And, Trump dropped his lawsuit against the IRS, paving the way for an "anti-weaponization fund." (Image credit: Zoe Meyers)
San Diego authorities are investigating a deadly shooting at a mosque as a hate crime. And, Trump dropped his lawsuit against the IRS, paving the way for an "anti-weaponization fund." (Image credit: Zoe Meyers)
US futures ticked lower with 10-year Treasury yields climbing above 4.6%. Major semiconductor stocks like Micron Technology Inc. and Nvidia Corp. extended declines. S&P 500 futures fell 0.4% as of 7:17 a.m. in New York, with Nasdaq 100 contracts down 0.6%. Nvidia slipped 0.7% ahead of results due later this week. West Texas Intermediate crude oil fell 0.4% to around $108. On Monday afternoon, Pres...
US futures ticked lower with 10-year Treasury yields climbing above 4.6%. Major semiconductor stocks like Micron Technology Inc. and Nvidia Corp. extended declines. S&P 500 futures fell 0.4% as of 7:17 a.m. in New York, with Nasdaq 100 contracts down 0.6%. Nvidia slipped 0.7% ahead of results due later this week. West Texas Intermediate crude oil fell 0.4% to around $108. On Monday afternoon, President Trump said he called off a new bombardment of Iran planned for Tuesday after Saudi Arabia and other Persian Gulf allies wanted more time to pursue diplomacy. An S&P 500 decline would drag stocks into a third down day. The index ended a choppy Monday session slightly below where it started. Rising yields, hot inflation and elevated oil prices are denting investors’ appetite. “Stagflationary macroeconomic environments don’t necessarily hobble a country’s stock market,” Ed Yardeni , president and chief investment strategist at Yardeni Research, wrote in a Tuesday note. That’s as long as “companies can grow profit margins nonetheless.” Home Depot Inc. was little changed after reporting mixed earnings, with comparable sales missing expectations . Business has been hurt by elevated interest rates and high housing prices, and as shoppers defer large projects. Beaten-down software stocks were advancing, with the iShares Expanded Tech-Software Sector ETF, ticker IGV, up 1.1%. Sectors in Focus Retail stocks , after Home Depot and Amer Sports Inc. reported results. Amer Sports shares rose 4.0% after it raised full-year guidance and first-quarter results beat estimates. Lowe’s Cos., Target Corp. and TJX Cos. are due to release results on Wednesday. Space-linked stocks as SpaceX was said to be seeking to file publicly for its long-awaited IPO as soon as Wednesday. Tesla Inc. slipped. While most Bloomberg Magnificent Seven stocks were down, Alphabet Inc. advanced after Google agreed to create an AI cloud business with Blackstone Inc. Software giant Microsoft Corp., which is down 12...
STORY: From data center deals to Meta's major job cuts, this is Tech Weekly. :: Tech Weekly Google and Blackstone announced on Monday they’re forming an AI cloud business venture. They’re aiming to capitalize on robust demand for AI data centers. Major asset manager Blackstone will invest an initial $5 billion. This will help bring 500 megawatts of data center capacity online in 2027, with further...
STORY: From data center deals to Meta's major job cuts, this is Tech Weekly. :: Tech Weekly Google and Blackstone announced on Monday they’re forming an AI cloud business venture. They’re aiming to capitalize on robust demand for AI data centers. Major asset manager Blackstone will invest an initial $5 billion. This will help bring 500 megawatts of data center capacity online in 2027, with further expansion planned over time. The total investment value could reach $25 billion, including leverage, according to Bloomberg News. Tesla’s Elon Musk expects fully self-driving cars without human safety monitors will soon be nationwide in the U.S. "We already have some vehicles operating with no people inside and no safety monitors in three cities in Texas and what probably will be widespread in the U.S. by later this year and hopefully in Israel too." Tesla, which has faced slowing vehicle sales, operates robotaxis in Austin, Dallas and Houston. But when Reuters tested it, it was plagued with long wait times, no availability or incorrect drop off spots for riders. Yet, Musk remains positive that cars with no humans will be ubiquitous within a decade. Samsung Electronics and its South Korean union have narrowed some differences in talks, a mediator said on Tuesday. Pressure’s mounting from the government and business groups to avoid an imminent and damaging strike. The two sides are seeking to hash out a deal on bonus payments before nearly 48,000 workers walk off the job for 18 days on Thursday. Samsung accounts for almost a quarter of Sourth Korea’s exports. And a strike of that magnitude and length has the potential to inflict significant damage on the economy. Samsung’s also the world’s largest memory chip maker and production disruptions could dent global supply during the AI boom. Meta’s planning to lay off 10% of its employees this week as it surges its AI investments. The tech giant said in a memo to staff that workforce cuts would be accompanied by organizational ch...
China and the United States will hold a formal dialogue on improving governance of artificial intelligence (AI), as the two countries seek to manage the risks posed by the rapidly evolving technology. During US President Donald Trump’s state visit to China last week, he and his Chinese counterpart Xi Jinping had “constructive exchanges” on AI, Chinese foreign ministry spokesman Guo Jiakun said on ...
China and the United States will hold a formal dialogue on improving governance of artificial intelligence (AI), as the two countries seek to manage the risks posed by the rapidly evolving technology. During US President Donald Trump’s state visit to China last week, he and his Chinese counterpart Xi Jinping had “constructive exchanges” on AI, Chinese foreign ministry spokesman Guo Jiakun said on Tuesday. They had agreed that their governments should hold further dialogues on the issue, he...
The company behind the Orient Express in Italy is planning a €300 million ($349 million) bond sale to refinance debt as it seeks to refurbish some of its assets. Italian luxury hotel developer and rail operator Arsenale SpA has mandated Pareto Securities to arrange a series of fixed income meetings starting Wednesday. A debut senior secured bond issue with a four-year tenor may follow, said a pers...
The company behind the Orient Express in Italy is planning a €300 million ($349 million) bond sale to refinance debt as it seeks to refurbish some of its assets. Italian luxury hotel developer and rail operator Arsenale SpA has mandated Pareto Securities to arrange a series of fixed income meetings starting Wednesday. A debut senior secured bond issue with a four-year tenor may follow, said a person familiar with the deal, who asked not to be named. Along with a significant equity injection from shareholders, the bond will be used to repay outstanding preferred instruments and fund the debt service retention account, the person said. Shareholders include the company’s founder and chief executive Paolo Barletta and Nicola Bulgari , vice chairman of the eponymous luxury jewellery chain now controlled by LVMH . Oaktree Capital Management invested in the company in 2022 via both equity and debt. Arsenale did not immediately respond to a request for comment. The deal would also help the company refurbish some of its assets, said another person familiar with the transaction, also asking to remain unnamed. For investors, it’s an opportunity to get exposure to a company that owns some unique real estate, some of which dates back to the 1400s, they added. The company runs luxury train tours in Italy, with the Orient Express historically known for its storied journey from Paris to Istanbul. It inspired Agatha Christie’s bestselling murder mystery novel Murder on the Orient Express, turned into a 2017 film starring Kenneth Branagh, Judi Dench, Johnny Depp and others. This story was produced with the assistance of Bloomberg Automation
A recent meeting between Chinese Vice-Premier He Lifeng and Advanced Micro Devices (AMD) CEO Lisa Su signals a potential loosening of US chip export policies, which could reopen high-end semiconductor sales, including artificial intelligence chips, to select Chinese firms, according to analysts. During their meeting on Monday, He reiterated that Beijing welcomed continued foreign investment, accor...
A recent meeting between Chinese Vice-Premier He Lifeng and Advanced Micro Devices (AMD) CEO Lisa Su signals a potential loosening of US chip export policies, which could reopen high-end semiconductor sales, including artificial intelligence chips, to select Chinese firms, according to analysts. During their meeting on Monday, He reiterated that Beijing welcomed continued foreign investment, according to Xinhua News Agency. Su praised the outcomes of last week’s summit between President Xi...
Artit_Wongpradu/iStock via Getty Images Introduction At the time of writing, the overall market is down as doubts surrounding the ongoing conflict with Iran rise. Moreover, a hot CPI print puts rate cut expectations on the back burner, at least for now. As a result, I expect market volatility could remain elevated in the near-term as investors worry grows over further rises in inflation. And the s...
Artit_Wongpradu/iStock via Getty Images Introduction At the time of writing, the overall market is down as doubts surrounding the ongoing conflict with Iran rise. Moreover, a hot CPI print puts rate cut expectations on the back burner, at least for now. As a result, I expect market volatility could remain elevated in the near-term as investors worry grows over further rises in inflation. And the sell-off of certain sectors and stocks will likely continue until inflation cools. However, for long-term buy and hold investors, price pullbacks in stocks can create attractive buying opportunities, as is the case with these two stocks. In this article, I discuss two fundamentally-sound stocks that are currently down double-digits, bogged down by macro uncertainty, but have solid yields and double-digit price appreciation potential that could deliver outsized returns in the next 12 to 24 months. Three Questions To Ask Yourself When stocks trade near new lows, the question often asked is: Is something wrong with the stock? For dividend investors, falling share prices can create opportunity because price pullbacks makes the yield more attractive by pushing the dividend yield higher. However, not every stock trading at a new low a stock at a new is a buying opportunity. Income-focused investors should ask themselves 3 main questions: What is impacting the stock price? Is the issue temporary or structural? Can the company's fundamentals support a recovery while sustaining their dividend? Understanding why a stock is under pressure helps determine whether weakness is short-term or the result of a more serious long-term issue. This helps determine if the stock is worth buying at the moment, or sitting on the sidelines. Companies with strong balance sheets, durable cash flows, and resilient fundamentals often recover faster during periods of economic uncertainty and usually continue supporting the dividend. Although dividend growth usually slows. This also helps you assess whether...