AI chips news
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Markets
Cerebras shares drop 10% after biggest tech IPO since Uber
The AI chip company raised $5.55 billion in a blockbuster Nasdaq debut, but early trading Friday showed investors testing its valuation and growth story
U.S.-China summit
Nvidia CEO Jensen Huang joins Trump’s China trip after late call
Nvidia confirmed Huang will visit China this week, a reversal from earlier delegation lists as Trump prepares to meet Xi Jinping in Beijing
AI infrastructure
OpenAI revenue report hits Oracle and AI chip stocks
A Wall Street Journal report on missed internal growth projections raised fresh questions about AI compute spending, though OpenAI and Oracle pushed back