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Business headlines from the Apex backend, organized by sectors and major public companies for faster market scanning.

Elon Musk Says Tesla’s Next AI Chip Could Raise “Usable Intelligence” per Wafer
The Apex Times

THE APEX TIMES

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AMD and Micron jump as chip stocks rebound on U.S.-Iran agreement
The Apex Times

THE APEX TIMES

Business / The Apex Times

AMD and Micron jump as chip stocks rebound on U.S.-Iran agreement

Shares of major semiconductor makers rose broadly after news of an agreement aimed at ending the U.S.-Iran war, lifting sentiment across the chip sector. AMD and Micron were among the biggest gainers.

Jun 15, 11:54 AM EDT
AMD Surpasses $900B Market Value as Ryzen AI Halo Arrives as a Lower-Cost Alternative to Nvidia’s DGX Spark
The Apex Times

THE APEX TIMES

Business / The Apex Times

AMD Surpasses $900B Market Value as Ryzen AI Halo Arrives as a Lower-Cost Alternative to Nvidia’s DGX Spark

AMD said its Ryzen AI Halo developer platform is now available for $3,999, positioning it as a cheaper way to run large AI models locally. The move comes as AMD also reportedly passes $900 billion in market capitalization for the first time, underscoring intensifying competition in the AI workstation and “edge” infrastructure market.

Jun 15, 11:40 AM EDT
Jensen Huang Points to Marvell as a Potential Next Trillion-Dollar Tech Winner
The Apex Times

THE APEX TIMES

Business / The Apex Times

Jensen Huang Points to Marvell as a Potential Next Trillion-Dollar Tech Winner

NVIDIA’s CEO said Marvell Technology could grow into “the next trillion-dollar company,” prompting fresh attention on how quickly semiconductor infrastructure supplier could scale, given the current demand cycle around AI compute and networking.

Jun 15, 11:40 AM EDT