Robinhood shares rise 7% after hours as investors are optimistic about its potential inclusion in the S&P 500 index
According to a report by Jinse Finance, the popular brokerage Robinhood's stock rose 7% after hours, as investors are optimistic about the company's potential inclusion in the S&P 500 index. AppLovin's stock fell 5% after hours, as investors are concerned about the company's component stock status.
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The AI arms race extends upstream! Reports say Intel, Nvidia, and AMD are prepaying over 100 billions NTD to secure advanced IC substrate production capacity.
NVIDIA, Intel, and AMD have collectively spent $5 billion in advance payments to aggressively secure high-end IC substrates from Taiwan. Driven by "big money for guaranteed orders," the top three Taiwanese substrate manufacturers have invested a record NT$161.2 billion to expand their production capacity. The tech giants' substantial financial commitments to secure supply chains highlight the intense competition and extreme scarcity of core AI materials.
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