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Broadcom’s 10.7% stock surge follows its OpenAI data center partnership for custom inference chips. The deal represents part of OpenAI’s 36GW capacity expansion, equivalent to 18 Hoover Dams. This signals unprecedented growth in AI infrastructure and semiconductor demand.
The artificial intelligence revolution is entering its infrastructure phase, as evidenced by Broadcom’s massive 10.7% stock surge following its OpenAI partnership announcement for custom-designed inference chips. This collaboration, developed over 18 months, represents the latest move in what industry experts are calling the largest industrial undertaking in history, with OpenAI announcing roughly 36GW of data center capacity since January. The scale is staggering—equivalent to 18 Hoover Dams’ worth of power—and signals how the AI trade is shifting from software to critical hardware infrastructure.
JPMorgan Chase’s new $10 billion security and resiliency initiative has sparked significant gains across quantum computing stocks. Companies like Arqit Quantum, D-Wave Quantum, and Rigetti Computing saw double-digit percentage increases following the announcement. The investment targets critical technology sectors including quantum computing, defense, and advanced manufacturing.
Quantum computing stocks experienced substantial gains on Monday following JPMorgan Chase’s announcement of a major $10 billion investment initiative targeting strategic technologies. The banking giant revealed its Security and Resiliency Initiative, which specifically includes quantum computing among four key investment areas alongside supply chain and advanced manufacturing, defense and aerospace, and energy technology.
Goldman Sachs has agreed to acquire Industry Ventures, a $7 billion venture capital firm, in a strategic move to bolster its alternatives investment platform. The deal includes $665 million in cash and equity with potential additional payments based on performance through 2030. The acquisition expands Goldman’s capabilities in identifying and investing in startups for wealthy clients.
Goldman Sachs has announced its agreement to acquire Industry Ventures, a prominent venture capital firm managing $7 billion in assets, in a strategic move that significantly expands the investment bank’s alternatives platform. The acquisition, valued at $665 million in cash and equity with potential additional payments of up to $300 million based on performance metrics through 2030, represents a major consolidation in the venture capital landscape and strengthens Goldman’s position in technology investing.
Oracle CEO Confident in OpenAI’s $60 Billion Annual Cloud Payment Capacity Tech Leader Expresses Confidence in AI Giant’s Financial Capabilities…
Major midday movers include Broadcom’s 10% surge following its OpenAI AI accelerator partnership and Bloom Energy’s 30% jump on a $5 billion Brookfield deal. Critical Metals led rare earth miners with a 44% surge amid geopolitical tensions.
Stocks making the biggest moves midday featured significant gains across technology, energy, and materials sectors, with Broadcom Inc. jumping 10% after announcing an artificial intelligence accelerator partnership with OpenAI. The chipmaker’s surge highlighted continued investor enthusiasm for AI infrastructure plays, while Bloom Energy soared 30% on a massive $5 billion partnership targeting AI data centers. The rare earth sector exploded with Critical Metals surging 44% amid geopolitical tensions, creating one of the most active trading sessions across multiple market segments.
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Apple’s latest iOS 26.1 developer beta reveals a colorful new Apple TV app icon as part of the streaming service’s rebranding. The vibrant design replaces the previous white-to-gray gradient with dynamic colors. This visual refresh accompanies the company’s broader identity update for its streaming platform.
Apple is introducing a vibrant new Apple TV app icon with the release of iOS 26.1 developer beta 3 and tvOS 26.1, reflecting the company’s recent streaming service rebranding from Apple TV+ to simply Apple TV. The colorful redesign represents Apple’s commitment to what the company describes as “a vibrant new identity” for its streaming platform, marking a significant visual departure from previous iterations while maintaining the familiar app silhouette that users recognize across Apple’s ecosystem.
