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SoftBank is in talks to invest an additional $30 billion in OpenAI.
Seagate announced a 34% year-over-year revenue growth target for Q1, as the adoption of HAMR technology accelerates.
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China has for the first time approved the purchase of the famous H200 chip from NVIDIA, and has issued licenses to several clients, including Alibaba. NVIDIA's shares rose in pre-market trading, as did Alibaba's shares in Hong Kong. $GT
Starbucks' shares rose at the start of trading after releasing its Q1 earnings report. The Seattle-based company recorded its second consecutive quarter of positive sales after a streak of seven consecutive quarters of negative sales. $STX
Intel is in the spotlight after its CFO bought shares in the company, and NVIDIA may use them in some of its production for 2028. $TXN