Tech stocks today: Shares climb higher with AI trade back on

LIVE Tech stocks today: Shares climb higher with AI trade back on Tech stocks today: Shares climb higher with AI trade back on · Yahoo Finance Daniel Howley · Technology Editor Updated Fri, August 14, 2026 at 4:27 PM GMT+2 1 min read SPCX ^IXIC SMCI CRWV Tech stocks rose Friday, as the Nasdaq climbed following a handful of strong earnings earlier this week. Anthropic investors are reportedly targeting a record-shattering $2 trillion IPO, according to The Financial Times . That amount would easily surpass SpaceX's public offering making it the largest IPO in history.

The company is expected to hit the market this fall. Shares of AI infrastructure companies CoreWeave ( CRWV ) and Supermicro ( SMCI ) soared on Wednesday after posting earnings results that appeared to confirm that the AI buildout is going strong for now. CoreWeave stock climbed nearly 20% as it narrowed Q2 losses per share and said its sales backlog stands at $104 billion, with another $25 billion commitments already earmarked for Q3.

Supermicro, meanwhile, topped earnings projections and provided a robust Q1 outlook. Shares also rose about 20%. Outside of earnings, jury selection began Wednesday in a landmark social media lawsuit filed by a coalition of 29 state attorneys general against Meta in an Oakland, Calif.

federal court. The attorneys general have accused Meta of purposely designing its apps to keep users coming back through capabilities like infinite scroll. Meta has denied wrongdoing.

Opening arguments kick of Aug. 18. LIVE 16 updates Today at 2:33 PM UTC Daniel Howley Sandisk continues to climb following positive investor day remarks Sandisk ( SNDK ) stock popped 3% on Friday, extending gains from a 12% rise in the prior session.

Wall Street was overwhelmingly bullish on the NAND flash memory maker's long-term growth targets for 2028 through 2030, announced at the company's investor day. Sandisk sees annual revenue growth in the mid-to-high teens between 2028 and 2030. The company also sees non-GAAP gross margins at about 80%.

A sign is posted on the exterior of a building at SanDisk headquarters on January 30, 2026 in Milpitas, California. (Photo by Justin Sullivan/Getty Images) · Justin Sullivan via Getty Images Analysts cheered the company's improved business model and the sustainability of its pricing, backed by various US hyperscalers. RBC Capital analysts said customer contracts are "multi-year in nature, are detailed by quarter/month, have fixed pricing with variable component, and are supported by financial guarantees.

" The financial structure of those agreements is giving Wall Street confidence that Sandisk's momentum can continue in what has traditionally been a highly cyclical industry. Read more here. Thu, August 13, 2026 at 1:50 PM UTC Brian Sozzi Why this analyst sees another 30% rip in Microsoft stock JPMorgan analyst Samik Chatterjee came out bullish on Microsoft stock in a note on Thursday, taking his price target to $625 from $550.

The revised price target assumes about 30% upside from current trading levels. Chatterjee made two important points in explaining his price target hike: Point one: "We have a favorable view on the growth outlook for the company, wherein we envision an acceleration in the growth of both Azure and M365 Commercial Cloud with AI infrastructure buildout being the key underlying driver for acceleration in both businesses," Chatterjee wrote. Point two: "We believe the combination of high revenue and earnings growth as well as lower capital needs than peers should justify a return to the historical premium relative to the broader market, if not higher," he added.

Read more . Thu, August 13, 2026 at 1:48 PM UTC Ines Ferré Nvidia rival Cerebras stock plunges as company swings to quarterly loss Cerebras Systems ( CBRS ) stock fell 17% in premarket trading on Thursday after the AI chipmaker's Q2 results and Q3 outlook failed to impress investors a day earlier. Cerebras swung to a loss of $2.

98 per share in Q2 from a profit of $1. 91 per share in the year-earlier period. The company reported a second quarter core gross margin of 40.

6%, noting on the call that the metric would have been 500 basis points higher and more similar to Q1's core gross margin of 46. 5% if not for its decision to temporarily rent some of its own systems back from cloud customers to meet demand for inference services. Read more .

Wed, August 12, 2026 at 6:52 PM UTC Daniel Howley Google launches Pixel 11 smartphone lineup with higher prices Google ( GOOG , GOOGL ) debuted its latest line of Pixel smartphones on Wednesday, including the Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL, and the foldable Pixel 11 Pro Fold. The devices come as Apple ( AAPL ) prepares to unveil its iPhone 18 lineup and rumored first foldable iPhone next month. They're also landing as smartphone makers are contending with the ongoing AI-driven memory and storage shortage driving up component costs.

The Pixel 11 Pro XL · Google Each of the Pixel phones gets a $100 price increase, though the Pixel 11 and Pixel 11 Pro also get more starting storage. Samsung ( 005930. KS ) has also increased the cost of its Android-based smartphones, and Apple is widely expected to do the same next month.

Google's smartphones aren't volume sellers. The company doesn't break out revenue from unit sales, and instead nests it under its Google Subscriptions, Platforms, and Devices segment. According to Counterpoint Research , Google captured just 3% of the US market share in Q1 2026.

Samsung grabbed 26%, while Apple had 58% of the market. But the phones do serve as an idealized version of what a Google smartphone could be. The Pixel lineup also provides a gateway for hardcore Google fans to take advantage of the company's Gemini AI platform and other services.

Read more here. Wed, August 12, 2026 at 3:39 PM UTC Brian Sozzi Nvidia's $70 billion bet on OpenAI, Anthropic, and others could pay off big for shareholders Arguably, no one has more at stake than Nvidia ( NVDA ) in the AI boom. Next-gen companies such as Elon Musk's SpaceX ( SPCX ) are clamoring for Nvidia's high-powered computing chips , which are at the heart of the investment thesis on the company.

But investors should also consider the formidable investment portfolio Nvidia now holds. When companies like OpenAI ( OPAI. PVT ) and Anthropic ( ANTH.

PVT ) inevitably go public at stratospheric valuations within the next year, Nvidia's early backing of these companies stands to drive additional value for its shareholders. CHONGQING, CHINA - AUGUST 11: In this photo illustration, the logo of Nvidia is displayed on smartphone screen on August 11, 2026 in Chongqing, China. (Photo by VCG/VCG via Getty Images) · VCG via Getty Images Nvidia has committed to directly providing $70 billion in equity investments into ecosystem partners, per new research from Bank of America analyst Vivek Arya.

Recent investments include $30 billion in OpenAI, up to $10 billion in Anthropic, and $5 billion in Safe Superintelligence. "Overall, we view Nvidia's $70 billion investments as easily manageable given its ability to generate as much as about $470 billion of free cash flow over just the next two years (2026-2027), or about 15% of free cash flow," Arya wrote. "In other words, we see no issue in Nvidia returning 50% of free cash flow to shareholders as it has committed to in May 2026.

" Read more . Wed, August 12, 2026 at 3:35 PM UTC Ines Ferré AI infrastructure stocks surge after strong earnings from CoreWeave, Supermicro AI infrastructure stocks jumped on Wednesday after blowout results from AI server hardware maker Supermicro ( SMCI ) and neocloud providers CoreWeave ( CRWV ) and Nebius Group ( NBIS ). AI hosting peers Applied Digital ( APLD ) and IREN ( IREN ) moved higher.

Other areas of the AI infrastructure trade also gained, including optical product maker Lumentum ( LITE ). The memory and storage complex trade also gained with the Roundhill Memory ETF ( DRAM ). The Supermicro logo is displayed on a smartphone screen with an abstract illustration of colorful electronic circuits in the background, in Creteil, France, on July 23, 2026, as Super Micro Computer Inc.

attracted investor attention after releasing a preliminary business update highlighting stronger-than-expected demand for AI servers and data center infrastructure. (Photo by Samuel Boivin/NurPhoto via Getty Images) · NurPhoto via Getty Images Signs of accelerating demand for everything from computing power to AI server racks to liquid cooling technology sent the entire AI infrastructure complex higher as companies within the space posted their results. Read more .

Tue, August 11, 2026 at 8:23 PM UTC Daniel Howley CoreWeave narrows Q2 losses, stock climbs 8% AI cloud provider CoreWeave ( CRWV ) reported its Q2 earnings after the bell on Tuesday, narrowing its losses per share and meeting expectations on revenue for the quarter. Shares rose more than 8% following the announcement. For the second quarter, CoreWeave saw losses per share of -$1.

14 on revenue of $2. 5 billion. Wall Street was expecting losses per share of -$1.

41 on revenue of $2. 5 billion, according to Bloomberg analyst consensus estimates. Read more .

Tue, August 11, 2026 at 8:17 PM UTC Daniel Howley Supermicro tops Q4 sales expectations, offers strong Q1 guidance, stock jumps Supermicro ( SMCI ) reported its fourth quarter results after the bell on Tuesday, topping expectations on earnings but falling short on revenue. Still, an upbeat Q1 forecast sent shares higher by more than 8%. For the fourth quarter, Supermicro saw adjusted earnings per share (EPS) of $1.

70 on revenue of $11. 2 billion. Wall Street was anticipating EPS of $1.

59 and net sales of $11. 1 billion, according to Bloomberg analyst consensus estimates. The company saw EPS of $0.

41 and revenue of $5. 7 billion in the same period last year. For the first quarter, Supermicro projects net sales between $14.

5 billion and $15. 5 billion. Analysts were expecting $11.

9 billion. Gross margins topped out at 17. 5%, up from 9.

5% a year ago. Read more . Tue, August 11, 2026 at 3:26 PM UTC Daniel Howley Nvidia launches open weight Nemotron 3.

5 Lighting model Nvidia ( NVDA ) on Tuesday announced its Nemotron 3. 5 Lighting AI open weights model. The 30-billion parameter model, a measure of model’s overall intelligence, Nemotron 3.

5 Lighting, Nvidia says, can run on individual RTX PCs, the company’s pint-sized DGX Spark platform, DGX Station desktop, as well as data center systems. Nvidia CEO Jensen Huang speaks during a doorstep after attending the AI Ecosystem Reception in Tokyo, Japan, July 16, 2026. REUTERS/Manami Yamada · REUTERS / REUTERS The chip giant also debuted its NeMo Switchyard, an open source model routing library that helps AI agents choose which AI model to use when given a task.

Nvidia has said that open weight models like Nemotron are an important part of the AI ecosystem, and argued in a blog post last month that they’re imperative to AI security and safety. “As policymakers and regulators grapple with AI safety, it will be crucial to recognize open models, harnesses and security tooling as defensive assets, not liabilities, in AI and cybersecurity policy,” the company said. “Blanket restrictions on open frontier AI systems would weaken defensive capacity and risk concentrating power, dependence and vulnerability in a few closed providers.

” Tue, August 11, 2026 at 2:58 PM UTC Daniel Howley Intel increases stock sale to $20 billion Intel ( INTC ) on Tuesday said it is increasing its planned stock sale from a previously announced $15 billion to $20 billion. The proceeds from the sale will go toward capital expenditures, as the company seeks to expand its manufacturing footprint amid sky high demand for its central processing units (CPUs). CPUs have become an integral part of the AI buildout, helping to not only control data flow between AI accelerators, but power run tasks for AI agents, as well.

Intel stock was down less than 1% on the news. The chip giant is riding a wave of investor interest that has driven its stock price up more than 160% year to date and as much as 370% over the last 12 months. Intel is also working to expand its foundry business with the goal of drawing third-party customers looking for a viable alternative to TSMC ( TSM ).

So far, according to The Information , Google ( GOOG , GOOGL ) has signed a deal to have Intel build its Tensor Processing Units (TPUs). Nvidia ( NVDA ) is also said to be exploring work with the company. Mon, August 10, 2026 at 9:04 PM UTC Daniel Howley Nvidia partnering with Wall Street firms for $500 billion AI financing effort Nvidia ( NVDA ) is partnering with some of Wall Street's biggest asset managers to raise $500 billion to finance the global AI build-out.

The company announced the news on Monday, saying that the goal is to create "the first compute financing platforms" that will allow customers to build using Nvidia's ecosystem of AI hardware and software. Nvidia CEO Jensen Huang attends the Q&A session with the media during Nvidia/Japan AI Ecosystem Reception in Tokyo on July 16, 2026. AI-powered robots for use in shipbuilding, the Japanese firm said on July 16 during a visit to Tokyo by the US chip giant's CEO Jensen Huang.

(Photo by Philip FONG / AFP via Getty Images) · PHILIP FONG via Getty Images The chip giant said it signed memorandums of understanding with Apollo ( APO ), BlackRock ( BLK ), Blackstone ( BX ), Brookfield ( BN ), Goldman Sachs ( GS ), and KKR ( KKR ) as part of the initiative. (Disclosure: Yahoo is a portfolio company of funds managed by affiliates of Apollo Global Management. ) The financing is just the latest sign that the global AI build-out is continuing unabated, with organizations from frontier AI labs to governments and hyperscalers scrambling to stand up as much computing power as quickly as possible or risk falling behind.

"Nvidia has reached an important milestone," Nvidia CEO Jensen Huang said in a statement. "We began by building chips; today, we are helping create a new class of productive, investable infrastructure: AI factories. " Mon, August 10, 2026 at 7:35 PM UTC Daniel Howley CoreWeave to report second quarter results amid spending, margin concerns AI cloud provider CoreWeave ( CRWV ) will report its second quarter earnings after the bell on Tuesday, as hyperscalers continue to expand their capital expenditures to meet AI computing demand.

CoreWeave stock has plunged more than 30% since it last reported results in May, amid concerns about revenue growth and its spending plans. For the second quarter, CoreWeave is expected to report adjusted loss per share of -$1. 18, down 339% year-over-year.

Revenue, however, is projected to climb 111% to $2. 5 billion for the period, according to Bloomberg analyst consensus estimates. Read more .

Mon, August 10, 2026 at 4:23 PM UTC Pras Subramanian 49ers coach says Tesla's Autopilot may have been on during head-on crash Tesla ( TSLA ) is in the spotlight after news that the company's self-driving software may have played a part in an accident involving the head coach of the NFL's San Francisco 49ers. This comes as Tesla is ramping up its autonomous tech around the globe, a huge part of its future revenue story. San Francisco 49ers head coach Kyle Shanahan, left, walks on the field during the NFL football team's training camp Friday, July 31, 2026, in Santa Clara, Calif.

(AP Photo/Jeff Chiu) · AP Photo/Jeff Chiu Head coach Kyle Shanahan was injured in an accident on July 14 when his car veered onto oncoming traffic and hit another car head-on. Shanahan was adamant that he was the one at fault, not the other driver. However, in his first press appearance since the accident on Aug.

8, he added some new details . Shanahan, a Tesla owner, said he was driving the car with Autopilot engaged when the car crossed into oncoming traffic on Alma Avenue in Palo Alto and struck a Mercedes SUV. Shanahan had dropped his phone and was trying to retrieve it when the accident occurred, meaning his eyes weren't on the road.

Read more here. Mon, August 10, 2026 at 3:32 PM UTC Daniel Howley Intel to sell $15 billion in stock as part of expansion plan Intel ( INTC ) on Monday announced that it plans to sell $15 billion in common stock to help finance its capital expenditures and working capital. Shares fell more than 3% in early trading.

Intel's CEO Lip-Bu Tan speaks at the company's Annual Manufacturing Technology Conference in San Jose, California, U. S. April 29, 2025.

REUTERS/Laure Andrillon/File Photo · Reuters / REUTERS Intel says it is continuing to see strong demand for its chips as part of the global AI buildout. The company’s central processing units (CPUs) have become invaluable in data centers, as companies lean further into agentic AI, which requires more CPU power. “The offering is intended to further enable Intel to pursue the growth opportunities ahead while maintaining a strong balance sheet and its commitment to an investment-grade rating,” Intel said in a statement.

The company is also working to turn its foundry business into a viable rival to chip manufacturing giant TSMC ( TSM ). According to The Information , Google ( GOOG , GOOGL ) has put in orders with Intel to build 3 million Tensor Processing Units (TPUs) for the search giant. Nvidia ( NVDA ) is also looking into working with Intel as a secondary chip builder.

Mon, August 10, 2026 at 3:27 PM UTC Daniel Howley Meta's Zuckerberg lays out plans for the companies AI future Meta ( META ) CEO Mark Zuckerberg laid out his vision for AI in a lengthy manifesto on Monday, saying that the company is focusing on building AI superintelligence for everyone, while criticizing rival AI labs, claiming that they are concentrating power in the hands of a few corporations rather than in the hands of individuals. Meta CEO Mark Zuckerberg attends the annual Allen and Co. Sun Valley Media and Technology Conference at the Sun Valley Resort in Sun Valley, Idaho, U.

S. , July 9, 2026. REUTERS/Brendan McDermid · Reuters / REUTERS "Rather than centralizing superintelligence, we should distribute it widely and give every person the ability to direct it," Zuckerberg wrote.

"This has the potential to begin a new era of personal empowerment where individuals can use this powerful new capability to reach their full potential, pursue their interests, and improve their lives and the world more than ever before. " According to the CEO, Meta plans to provide free access to AI to billions of people, and charge those who want more compute via a "dynamic auction mechanism" that he says will "guarantee that everyone gets the lowest price possible for the intelligence and compute they're using while also ensuring the capacity is used for whatever people collectively find most valuable. " Read more here.

Mon, August 10, 2026 at 2:36 PM UTC Ines Ferré Chip equipment stocks rise after Taiwan Semiconductor revenue surges 45% Shares of chip equipment makers rose on Monday, with ASML ( ASML ) leading Applied Materials ( AMAT ) and Lam Research ( LRCX ) higher. The companies, which provide advanced semiconductor-making equipment to Taiwan Semiconductor Manufacturing Company ( TSM ), moved higher after TSMC said its revenue jumped 5. 6% in July to around $14.

51 billion from the prior month and 44. 7% from a year earlier. The logo of Taiwan Semiconductor Manufacturing Company (TSMC) at the company's second-quarter earnings conference in Taipei, Taiwan, July 16, 2026.

REUTERS/Ann Wang · Reuters / REUTERS On an annualized basis, TSMC's revenue for January through July 2026 totaled roughly $89. 11 billion, up 37% from the same period in 2025. Read more .